Full transparency video

[nitx]

In light of all the drama surrounding GME, I have been surprised at how many layers and institutions there are when processing investments.

I think it would be amazing if T212 made a video explaining exactly what happens with our trades where the money goes and how it gets there.

Why are some orders limited and who are the powers at be that control this? Give us some info on how the interactive brokers work etc.

Would love to know more about how this service works exactly.

[Tony.V]

It’s all summarised here already :

Why people couldn't buy GME and AMC on Thursday

There’s a lot of misinformation circulating in social media. Here’s the boring truth. From FT: [6b4af1c54c7f5ec03c8e93160202b4a6cfd052c8_2_1380x412] The big brokers who do their own clearing (members of the DTCC clearinghouse) had to immediately deposit additional collateral because of the increased volatility of GameStop and AMC. Many of them, including our execution intermediary, which is one of the biggest brokers in the world, had to stop accepting BUY orders for these stocks for 1 day …

[nitx]

I’m not referring to the GME situation itself, but rather the flow of trades from one institution to another. And a explanation why each institution exists, what they do.

I’m not demanding an explanation on that ridiculous saga. I just want a better understanding of how this system works and what goes on behind the pretty User Interface.