Does anyone know the (real) story behind why the Public investing mobile app started doing payment for order flow (PFOF) for options trading?

I’m assuming they were strong-armed into doing so, but would love to know if anyone has the real scoop.

Thank you in advance.

like
Posting as :
works at
You are currently posting as works at

Related Posts

Cheers to all my colleagues who went to community college!

Post Photo
likefunnysmart

Age? Gender? Location? Fav food for suhoor and iftar? GO!

like

What is the process to resign from EXL?
There seems to be no option to create a exit request

like

SA1 to SA2 in PWC is a promotion or progression ?
If it's a progression will the resource get the progression by default after an year of joining ?

like

Juicy news. Kolkata AC. My RL told that he will schedule a catch-up today/tomorrow to discuss year end ratings. RL have received the performance ratings

like

Is myGEMMA legit to buy watches 👀??

like

Any new joiners? Wanted to know the pay range for Sr.Analyst currently novartis is offering.

like

Hello Fishes, How much Amex can offer on Product Owner role at 14 years of exp ??

like

Are there any trusted resources for information on cryptocurrency investing?

(I've written enough long-form marketing disguised as a news to know when it's happening to me.)

like

The future of the TV industry is not looking too bright, what is the best way to adapt to the rise in popularity of other types of media?

like

Thoughts on HBO's new finance/IB show "Industry"?

like

Thoughts on GEP?

like

Can someone suggest me which one is better.
Senior Associate in Cognizant or Senior software Engineer in TSYS.

Both are providing almost same CTC.

like

Whoever got retained in CTS, did you get your revised offer during notice period or it was just an email confirmation ?Cognizant CTS

like
likefunny

Hi Fishes,

My last working day is 7th October and I have only one offer in hand. I'm trying hard to get some interview scheduled but in vain.

Can anyone please refer me or share some tips on how to get the interviews scheduled?

YOE - 3.2
Non-IT roles
Certified Investment Banker

like

Hi
What opportunities are available for someone with a background in sustainability (Masters degree) and around 1 and 1/2 YOE

like

For those with corporate banking expertise, how do you typically go about calculating debt capacity for a company?

like

KPMG Recruiters are the most unprofessional of the Big Four.

Change my mind.

like

Additional Posts in Option Traders & Investing

8/3 Thread (General):

like

Might actually see the largest point drop in history on Monday.

like

What’s the end of quarter rebalancing? How did it have anything to do with the rally this week? Thank you

like

Have a 2/15 call on ghiv. Tanking today, drop it?

like

Anyone here willing to explain their thesis on bitcoin? Thanks!

like

Noob question - bought a call debit spread 195/197.50. PayPal is at 199 today - if I hold till expiration I get the 250 correct? Or can I exercise it now and get the 250?

like

A friend sent me this. Thought I'd share, but I can't attest to it's validity.

Post Photo
like

crwd 4/17 $60 calls... you heard it here first

like

I don’t play with options much, but I happened to buy VERU calls for 2/19 a little while ago and now it’s skyrocketing, it’s up over $1k for me- will it keep going up? Should I just take the profits now and be happy?

like

Cons of moving 75% of my savings to an Intermediate US Treasury ETF (SCHR)? I wouldn’t mind losing 4-5% if the market rallies, but would rather put cash to work if the market keeps tanking

like

Good traders tend to be flexible. I can make money in all kinds of markets, being a bull or a bear. Today was a headscratching day. We rallied a lot farther than we should have. We bounced in place's we shouldn't have. So, I have to ask myself? What the hell happened? While I made money today, I should have made lots more money. Remember the tip that markets don't count Pre-NY Mondays. If I decided to do my from last weeks low as opposed to today's low. I'm bullish. Additional info in reply post

Post Photo
likehelpfulsmart

X moving retty sharply lower. Time for calls?

like

I’ve made over half my yearly pre tax salary in the past month from MGNI. If I ever get promoted I’m going to find a way to buy their services

likefunny

Any predictions on when the drop will happen?

funnylike

Reporting your shares to independence reporting. Do you guys actually follow through and not trade restricted stock? If you have a separate brokerage account, what’s the risk? At what level does it matter (manager, senior manager, etc)

like

Them GME puts

like

Looking for some interesting plays that are not Doge, GME, etc (already in those 😅). Thoughts?

like

Anyone else think big end of day drop? Scary weekend to hold long through

like

Hey everyone, I’m a new investor and would love feedback on my portfolio. I’m looking more for longer holds with maybe a couple short plays just to stay in tune with the market. Any advice on improvements is very welcomed! So far I’ve kept slightly in the green thanks to JPM but want to see those larger gains everyone talks about.

Post Photo
like

Any suggested reading / books that one can use to learn options trading? Experienced investor, who wants to get into options.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal