Wall Street's Biggest Traders Plot New 'Members Exchange'
Interactive Video
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Business
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University
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Practice Problem
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Hard
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The video discusses the potential need for new exchanges, highlighting the interest from major Wall Street traders like Citadel and Virtues. It explores the role of brokerages and the current market dynamics, referencing a story by Nick Baker. The discussion also covers the history of exchanges, focusing on Sibo's emergence and its backing by major players, which helped it gain necessary volume.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
How did SIBO enter the exchange business and what support did they receive?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What factors contributed to the odds of success for the discussed exchange?
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