They had a call with their prime brokerage customers about Monday. One thing I do know is, they will now charge for a locate, which now, for these 19 stocks is a borrow, even if you don't use it.
Now we know why the Option MM's are up in arms over increased costs. I guess it doesn't matter to them about the increased costs of raising capital to the hundreds of firms they've drilled.
Now we know why the Option MM's are up in arms over increased costs. I guess it doesn't matter to them about the increased costs of raising capital to the hundreds of firms they've drilled.