85. The Skinny on Citadel White Label Sales & Trading

In today's episode, we discuss Citadel's potential white label offering of their Equities trading operations to investment banks --- discussed in this article as something to fill the gap of banks pulling back from Equities Sales & Trading: https://www.bloomberg.com/news/articles/2024-07-11/citadel-securities-crafts-plan-to-shake-up-banks-trading-desksWe also discuss the theoretical possibility that something similar might emerge in the Fixed Income space as well as capital requirem...