Quick TakeA new regulatory filing shows trading firms paid Robinhood nearly $100 million in fees for stock and options order flowAn update to rule 606 implemented at the end of 2019 requires brokers to file more granular data about their order routingThe new 606 filed at the end of May shows net payments made to Robinhood increased from $19.4 million in January to $45.4 million in MarchPayments for options orders made up the lion’s share of total payments
