The US stock market’s top watchdog has questions about the underpinnings of the retail trading boom. One of those concerns is whether a small number of trading firms and brokerages have too much market power.At issue is the structure of the $45 trillion US stock market, which has seen a surge in trading by everyday investors using commission-free trading apps. Brokerages like Robinhood and Charles Schwab have cut brokerage fees to zero, which has made them more dependent on money from companies like Citadel Securities and Virtu Financial that pay them to execute trades for retail investors (known as payment for order flow). Those market makers, which match trades internally, have ballooned i
Hence then, the article about sec chair gensler is wary of citadel securities market power was published today ( ) and is available onQuartz ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( SEC chair Gensler is wary of Citadel Securities’ market power )