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Alpaca Payment for Order Flow Disclosure

Alpaca Securities LLC receives payment for order flow by directing customer orders to specific market centers for execution. This remuneration is considered compensation for Alpaca, and customers can request disclosure of the source and amount of compensation related to their transactions. The document outlines these practices and the customer's rights regarding this information.

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leorozardam
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13 views1 page

Alpaca Payment for Order Flow Disclosure

Alpaca Securities LLC receives payment for order flow by directing customer orders to specific market centers for execution. This remuneration is considered compensation for Alpaca, and customers can request disclosure of the source and amount of compensation related to their transactions. The document outlines these practices and the customer's rights regarding this information.

Uploaded by

leorozardam
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Alpaca PFOF Disclosure

Alpaca Securities LLC (“Alpaca”) receives remuneration for directing orders in securities to particular market centers for execution. The customer
understands that this remuneration, known as "payment for order flow," is considered compensation to Alpaca and the source and amount of any
compensation received by Alpaca in connection with a particular transaction will be disclosed on the customer's written request.

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