US market makers improved retail equity pricing by $3.2bn compared with exchanges - Global Trading
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US market makers improved retail equity pricing by $3.2bn compared with exchanges - Global Trading
Citadel Securities, Susquehanna, Jane Street, and Virtu offered retail customers of brokers a combined US$3.2 billion improvement on pricing compared to public venues during 2024, according to Global Trading analysis of best execution filings. US retail brokers such as Robinhood have become notorious for selling their order flow to large market makers. Read more: Citadel Securities paid US$943m for retail US equity, options order flow in nine mo…
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