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