Re:Morgan Stanley Closes Acquisition of E*TRADE
by smabie on Saturday October 03, 2020 @06:35PM
(#24675188)
In the past volume was king. A brokerage made money on volume. Nowadays, while volume is still important because of payment for order flow, investing the float has become a lot more important and represents a large portion of brokerage revenue.
[ Parent
| on HN ]
There are no comments on this comment yet.