Brokers going broke? Well, that's just the market's way of saying, 'Hey, even experts need a margin call on their humility - Anonymous Is the SG broker model Broken => An TDA analysis As news of TD Ameritrade announced their exit of their retail brokerage business, this generate considerable amount of buzz in the retail investor space and influencers. Although I am working in the prime brokerage (Integrated custody for institutionals) role and not directly affected by this news (Execution broker for retail), this sparked my interest in researching more about this event. I decided to distill my knowledge in a post to cement my insights and learnings and hope that this article will become useful for investors whom wants to know the <Why> and not just the <How> on how the SG brokerage space operates.
Is the SG broker model Broken => A TDA analysis
Is the SG broker model Broken => A TDA…
Is the SG broker model Broken => A TDA analysis
Brokers going broke? Well, that's just the market's way of saying, 'Hey, even experts need a margin call on their humility - Anonymous Is the SG broker model Broken => An TDA analysis As news of TD Ameritrade announced their exit of their retail brokerage business, this generate considerable amount of buzz in the retail investor space and influencers. Although I am working in the prime brokerage (Integrated custody for institutionals) role and not directly affected by this news (Execution broker for retail), this sparked my interest in researching more about this event. I decided to distill my knowledge in a post to cement my insights and learnings and hope that this article will become useful for investors whom wants to know the <Why> and not just the <How> on how the SG brokerage space operates.