this post was submitted on 30 Jul 2025
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I'm not super familiar with it, but just knowing the little bit that I know about it, this is my guess:
... and so on. I would bet it's decently more complicated than that, but bottom line, there's a reason these guys are paying all this money for order flows. It's not because they're not making money on them, and usually the procedure is to extract the money from the most-poorly-informed person involved (which in this case is the end user by a big margin).