Main Street’s Brokers Earn Big Revenues in Retail-Options Boom
- Day-trader demand for short-dated equity derivatives has grown
- Options largely absent in SEC payment-for-order-flow proposal
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With the meme-stock army in retreat and crypto fervor cooling, the booming marketplace for stock options proved a lucrative substitute for US retail brokers last year.
Now the explosion in short-term derivatives trading is showing no signs of easing, a boon for major online brokers as they gear up to report earnings.