The securities industry practice of providing a monetary incentive for brokers to route their orders through a specific market maker. Some, but not all, brokers take payment for order flow.
Related information about payment for order flow:
- Payment for order flow - Wikipedia, the free encyclopedia
 In financial markets payment for order flow refers to the compensation that a   broker receives, not from its client, but from a third-party who wants to influence   how ...
 
- Payment for Order Flow
 Jun 25, 2007 ... Payment for Order Flow. As a way to attract orders from brokers, some exchanges   or market-makers will pay your broker's firm for routing your ...
 
- Payment For Order Flow Definition | Investopedia
 The compensation and benefit a brokerage receives by directing orders to   different parties to be executed. The brokerage firm receives a small payment,   usually ...
 
- A Proposal for Solving the “Payment for Order Flow” Problem
 Apr 25, 1991 ... for execution.2 In a typical “payment for order flow” arrangement, a securities   market will pay a broker anywhere from one to three cents for ...
 
- Order Routing and Payment for Order Flow Disclosure
 Page 1 / 5 www.interactivebrokers.com. Interactive Brokers Order Routing and   Payment for Order. Flow Disclosure. IB's Order Routing System: Interactive ...
 
- FSA cracks down on order flow payments - FT.com
 May 15, 2012 ... “We believe [payment for order flow] PFOF arrangements create a clear conflict of   interest between the clients of the firm and the firm itself,” the ...
 
- Payment for Order Flow - TradeTech West
 Download this exclusive presentation about rulemaking progress for payment for   order flow and the entire competitive landscape in the wake of Dodd-Frank by ...
 
- Payment for Order Flow - Financial Dictionary - The Free Dictionary
 A payment that a dealer makes to a brokerage in exchange for the brokerage   sending business the dealer's way. For example, if a brokerage's client offers to ...