> Other broker-dealers restricted trading due to capacity issues. For example, one firm’s system created a unique ID for each order, but purportedly reached a limit in the number of unique IDs it was able to create on…
Ah this is a great question! The answer mostly boils down to a policy decision to maximize safety of the overall system. You can imagine a situation where a malicious actor (not necessarily a broker servicing customers)…
Because they can't use customer funds for these collateral requirements. Note though that the collateral requirements only apply to firm-wide net buys. So if you're buying $100 of GME and another person on the platform…
> Other broker-dealers restricted trading due to capacity issues. For example, one firm’s system created a unique ID for each order, but purportedly reached a limit in the number of unique IDs it was able to create on…
Ah this is a great question! The answer mostly boils down to a policy decision to maximize safety of the overall system. You can imagine a situation where a malicious actor (not necessarily a broker servicing customers)…
Because they can't use customer funds for these collateral requirements. Note though that the collateral requirements only apply to firm-wide net buys. So if you're buying $100 of GME and another person on the platform…