CEO on decision to abandon ‘payment for order flow’

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  • CNBC Television published this video item, entitled “ CEO on decision to abandon ‘payment for order flow'” – below is their description.

    Payment for order flow is a practice in which a brokerage receives payment from a market maker, known as a dealer, for directing orders to them. Jannick Malling, co-founder and CEO of online brokerage, joined “Squawk Box” on Friday to discuss why the company has decided to abandon the practice.

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