Payment for order flow

Yeah, he's going to retain a board seat at ConsenSys and he'll be the, I think, executive chairman, but it sounds like he'll have someone else day-to-day CEO of that business.

But yeah, I mean, MetaMask, I think, is just printing money here on a lot of the, it's almost like a PFOF business, front-end wallet that's monetizing a lot on the back end.

So Robinhood has struck a multi-year deal to route their event contracts through a website called OG.com.

So that's crypto.com's newly spun out prediction markets arm.

And as mentioned earlier in the videos, dark pools have become an important part of market trading activity, with them being really popular among hedge funds, but even other large institutional investors like pensions and mutual funds, even at times brokers that you yourself might be trading through.

In fact, when we talk about payment for order flow, which I'll leave a link in the description explaining that concept, these are the venues trades can be routed to for payment rather than public exchanges.

So they've become pretty ingrained in the operations of the stock market.

Still, given everything

That's the million dollar question.

The answer is a mechanism called payment for order flow or PFOF.

Explain how that works.

When you place a trade on a zero commission app, the app doesn't send your order directly to the public stock exchange.