Is payment for order flow (PFOF) appropriate topic discuss in a buy-side strategy associate interview?
I’ve found it a bit of a taboo topic on the sell-side, but wasn’t sure how openly it’s discussed at buy-side firms

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Forgot how hot of a topic this continues to be... for those wondering: I’m erring on the side of caution and not mentioning it

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Depends how you want to discuss it...

I imagine sell-side is unhappy because they can see retail investors getting fleeced and don't get a cut of the action to offset their moral objections.

Agreed, share trading is a good deal for consumers.

Option trading is not.

Which one accounts for the majority of the profit?

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I could see it rubbing people the wrong way. As an alternative, maybe try talking about related topics like commission management, pass through of exchange fees/rebates, etc

I get what you mean, I just feel like PFOF is more of a hot button topic, especially since it’s in the news and entangled with popular retail brokerages like RH

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