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I never expected to revisit the topic of bulgebracket banks so quickly because the full list changes slowly, and we updated it a few years ago. What is a “BulgeBracket Bank”? The name “bulgebracket” (BB) comes from the prospectus for an IPO or debt issuance, which lists all the banks underwriting the deal.
Usually hosted by bulgebracket banks, SIs are an internalising mechanism that allow banks to execute flow over the counter or off exchange. Exchange traded funds (ETFs) Exchange traded funds (ETFs) have seen a journey to dominance in the last ten years in the advent of more passive trading strategies as opposed to more active ones.
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