Throwback to when Webull CEO explained why they shutdown the buy side. 100% collateral required by DTCC
Here's the interview with Webull CEO discussing why brokers shut down GME buy side trades due to 100% collateral requirements and couldn't cover the volatility. Hundreds of Billions required for 2 days and they couldnt because they aren't that liquid! Never forget!
u/overpwrd_gaming — 1 day ago