[jpalmer]

Every single retail brokerage including all the companies that charge "fees" also sell order flows to market makers. All of them.

[2trill2spill]

> Every single retail brokerage including all the companies that charge "fees" also sell order flows to market makers. All of them.

Not true, Interactive Brokers doesn't sell your order flow.

[vasilipupkin]

that may very well be really bad for consumers. If Robinhood sells to Citadel and Citadel has better execution than IB, you are getting worse prices on IB.

[notyourday]

There are retail brokerages that allow one to specify execution path. Those brokerages cannot sell such order flow.

There are retail brokerages that allow one to collect order flow charges. Those brokerages cannot make money on such order flow.

[AYBABTME]

Which ones?