Why Nostr? What is Njump?
2024-07-11 21:10:23

bloombergytbot on Nostr: Here's your summary from Citadel's Plan To Boost Trading Market Share () on the ...

Here's your summary from Citadel's Plan To Boost Trading Market Share (https://www.youtube.com/watch?v=N6X_mUP1ZVI) on the Bloomberg Television channel:
### TLDR:
Citadel Securities is partnering with smaller banks to boost their trading capabilities and market share amidst rising costs and regulatory constraints.

### Key Points:
1. Citadel Securities is offering services to smaller banks struggling to compete with larger players due to rising costs and shrinking commissions.
2. The partnership aims to help banks navigate regulatory constraints, such as Basel three rules, and improve their trading capabilities.
3. Citadel Securities is expanding beyond retail trading to deepen relationships with institutional clients, including banks, brokers, and asset managers.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro
Author Public Key
npub1wv47e0hjsces4kr5wxfq9jsmsf534nm2cllzd5p50wgmmrdtseuqeeajqw