Order Flow Battles Continue: Whose side are you on?
Traders Magazine, November 2005
Although the guns have been silent lately, anyone who is even remotely familiar with the options industry knows that the battle over payment for order flow is not over. The furor over this practice has divided the industry. Advocates for both sides clash, leaving the average trader in doubt. With both sides entrenched and the SEC refusing to join the fray, this fierce debate is going into extra innings. However, a surprising development is forcing many combatants to rethink their allegiances and their old ways of doing business. I am speaking about the latest evolution of payment for order flow preferenced trading. The Good Old Days
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