---
title: Value of Retail Order Flow
url: https://www.ml-quant.com/papers/ssrn/4945878/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4945878
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4945878
featured: 2024-09-05
citations: unknown
topic: Trading, Microstructure & Execution
---


# Value of Retail Order Flow

Retail market making in the German equity market is highly profitable, with market makers willing to sacrifice about 60% of their revenues for access to retail order flow.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4945878
- Identifier: SSRN 4945878
- Released: 2024-09-03
- First featured: Quant Letter No. 64 (2024-09-05): https://www.ml-quant.com/issues/2024-09-05/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Trading, Microstructure & Execution

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