Incredible to see how most of these institutions have made their business model so dependent on trading and investment banking. They actually trade in the same instruments that they sell to retail investors sometimes taking the opposite side of the trade. This is why crypto exchanges have faired better. Given the efficiency of blockchain settlements, costs are much lower than the traditional guys.
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Yea that is pretty messed up isn't it? You would think it would be against the law to sell clients something they are betting against, oh wait, it was.