Switch to: References

Add citations

You must login to add citations.
  1. Does Payment For Order Flow To Your Broker Help Or Hurt You?Robert H. Battalio & Tim Loughran - 2008 - Journal of Business Ethics 80 (1):37-44.
    The presumption is that a broker executing a stock trade for a retail investor will get the investor the best possible price execution for the transaction. In fact, the broker often sells the retail investor’s trade to an intermediary for cash payment. The broker’s motivation to generate dealer profits seems to overcome the broker’s fiduciary responsibility to obtain the best execution price for the customer, raising ethical questions. Purchasers and internalizers of order flow in the market may cause prices quoted (...)
    Download  
     
    Export citation  
     
    Bookmark   3 citations