Big Wall Street firms like Bank of America, Citadel Securities, and Goldman Sachs support a new plan from the Options Clearing. This plan changes how money is collected to cover defaults. Retail brokers, however, fear this will cost them hundreds of millions. The dispute highlights growing friction over risk management as retail trading surges.
​Big Wall Street firms like Bank of America, Citadel Securities, and Goldman Sachs support a new plan from the Options Clearing. This plan changes how money is collected to cover defaults. Retail brokers, however, fear this will cost them hundreds of millions. The dispute highlights growing friction over risk management as retail trading surges. by Soban News (international And National News)
