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Working Papers

How Does Payment for Order Flow Influence Markets? Evidence from Robinhood Crypto Token Introductions*

Jan. 24, 2025

Thomas J. Boulton, Thomas D. Shohfi, and Michael Walz

dera_wp_payment-for-order-flow-2501 (PDF, 427.55 KB)

Last Reviewed or Updated: Jan. 27, 2025

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How Does Payment for Order Flow Influence Markets? Evidence from Robinhood Crypto Token Introductions*

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How Does Payment for Order Flow Influence Markets? Evidence from Robinhood Crypto Token Introductions*