High-Speed Trader Virtu Fires Back at Critics Amid Meme-Stock Frenzy

WSJ – In a story about Virtu Financial publishing statistics to refute claims on pricing retail orders via its wholesaler, Healthy Markets Executive Director Tyler Gellasch is quoted saying “Payment for order flow is fundamentally flawed because it poses a conflict of interest for brokers. There’s a simple question that every investor needs to ask, and that’s whether their broker is trying to get them the best prices or maximize their own profits.” (Full Story).

Reader Interactions