Education

PFOF by the Numbers: What the Statistics Show

The statistics behind PFOF tell the story of a billion-dollar annual extraction from retail investors.

Key Numbers

28% of U.S. equity trades processed by Citadel. $1.5B PFOF paid to Robinhood in 2020. 130M retail brokerage accounts affected. $1-5B estimated annual retail harm from PFOF.

PFOF statisticsCitadel market share numbers

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