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EU set to ban payment for order flow as US meme-stock platforms face uncertain future
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fnlondon.comThe EU is set to ban payment for order flow in a landmark proposal that could overhaul how trading platforms operate in the bloc.
The EU Commission quietly confirmed on 25 November a proposal to ban the controversial revenue model for trading houses as part of its review of MiFID II and MiFIR rules.
Payment for order flow has come under increased...
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