The SEC’s equities overhaul: Necessary plumbing changes or a liquidity drain?
The TRADE
AUGUST 21, 2023
Certainly, there will be a lot of burden on broker dealers to adjust their routing and adding venues, but it’s not incredibly impactful.” According to 606 reports gathered by the SEC, Citadel Securities forked out $2.6 billion and Virtu which spent $654 million in the same period.
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