Easy there, tiger. Bad attribution of a real effect, the cause is NSCC-2021-002, which requires hourly reporting for securities traded on margin. Has nothing to do with Archegos other than to make a clickbait-y headline.
Banks are making sure they're not going to get stuck holding the bag for bad bets made by the investment companies they're backing.
Spez: I totally forgot. Risk.net were the ones that gave Kenny G a lifetime achievement award in Feb. Consider that a source owned by the enemy.
Easy there, tiger. Bad attribution of a real effect, the cause is NSCC-2021-002, which requires hourly reporting for securities traded on margin. Has nothing to do with Archegos other than to make a clickbait-y headline.
Banks are making sure they're not going to get stuck holding the bag for bad bets made by the investment companies they're backing.