ApexVol Terminal
Options analytics, live.
Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.
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What is Payment for Order Flow (PFOF)?
Payment for Order Flow (PFOF) The practice where brokers receive compensation from market makers for routing customer orders to them. Common in commission-free brokerages. In options, PFOF can result in slightly wider effective spreads or slower fills compared to direct exchange routing. Understanding PFOF helps traders evaluate true execution costs.
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The practice where brokers receive compensation from market makers for routing customer orders to them. Common in commission-free brokerages. In options, PFOF can result in slightly wider effective spreads or slower fills compared to direct exchange routing. Understanding PFOF helps traders evaluate true execution costs.
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ApexVol Terminal
Options analytics, live.
Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.
- Live chains and Greeks
- IV rank and percentile
- Expected move and GEX
- Screener and strategy P&L
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