A new Giant or a monopoly is b-To The Moon - Tiger Brokers Online Investing Community - To The Moon

2
Comment
Favorite

88wlam88
2023-03-21

A new Giant or a monopoly is born

Bank of America Halts Trading With Credit Suisse Electronic Stocks Desk -Email

Bank of America's electronic stocks desk has halted trading with a desk at Credit Suisse that uses c

Bank of America Halts Trading With Credit Suisse Electronic Stocks Desk -Email

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

2

Report

Comment

Top
Latest

empty

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":9943863861,"tweetId":"9943863861","gmtCreate":1679356834253,"gmtModify":1679356837594,"author":{"id":3586929212865391,"authorId":3586929212865391,"authorIdStr":"3586929212865391","name":"88wlam88","avatar":"https://static.tigerbbs.com/03274a8a4d06a0b0eddbed7b748a1e9d","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[],"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p>A new Giant or a monopoly&nbsp;is born&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>A new Giant or a monopoly&nbsp;is born&nbsp;</p></body></html>","text":"A new Giant or a monopoly is born","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9943863861","repostId":2321669823,"repostType":2,"repost":{"id":"2321669823","pubTimestamp":1679349060,"share":"https://www.laohu8.com/m/news/2321669823?lang=&edition=full","pubTime":"2023-03-21 05:51","market":"us","language":"en","title":"Bank of America Halts Trading With Credit Suisse Electronic Stocks Desk -Email","url":"https://stock-news.laohu8.com/highlight/detail?id=2321669823","media":"StreetInsider","summary":"Bank of America's electronic stocks desk has halted trading with a desk at Credit Suisse that uses c","content":"<html><head></head><body><p>Bank of America&#39;s electronic stocks desk has halted trading with a desk at Credit Suisse that uses computer-led strategies, &#34;out of an abundance of caution effective today,&#34; an email seen by Reuters on Monday said.</p><p>Bank of America said it would no longer send trades to Credit Suisse&#39;s &#34;ATS Crossfinder&#34;. That trading platform anonymously matches buy and sell orders for the same kinds of securities, according to the Credit Suisse website. The U.S. Securities and Exchange Commission website calls the ATS Crossfinder a &#34;dark pool.&#34;</p><p>Bank of America sent the email to traders and hedge fund clients on Monday morning.</p><p>On Sunday, the 167-year old Swiss lender was subsumed into its larger rival UBS, which agreed to pay 3 billion Swiss francs ($3.23 billion) for Credit Suisse in a package engineered by Swiss regulators.</p><p>Credit Suisse declined to comment on the email and Bank of America also declined to comment.</p><p>The Credit Suisse rescue was backed by a massive Swiss government guarantee, helping prevent what would have been one of the largest banking collapses since the fall of Lehman Brothers in 2008.</p><p>Switzerland has pledged 260 billion francs in liquidity lines and guarantees to UBS to help smooth the takeover as Credit Suisse clients and counterparties reassess their relationship with the stricken lender.</p><p>The deal will also make UBS Switzerland&#39;s only global bank and the Swiss economy more dependent on a single lender.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bank of America Halts Trading With Credit Suisse Electronic Stocks Desk -Email</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBank of America Halts Trading With Credit Suisse Electronic Stocks Desk -Email\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-21 05:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=21395579><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bank of America's electronic stocks desk has halted trading with a desk at Credit Suisse that uses computer-led strategies, \"out of an abundance of caution effective today,\" an email seen by Reuters ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=21395579\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BAC":"美国银行"},"source_url":"https://www.streetinsider.com/dr/news.php?id=21395579","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321669823","content_text":"Bank of America's electronic stocks desk has halted trading with a desk at Credit Suisse that uses computer-led strategies, \"out of an abundance of caution effective today,\" an email seen by Reuters on Monday said.Bank of America said it would no longer send trades to Credit Suisse's \"ATS Crossfinder\". That trading platform anonymously matches buy and sell orders for the same kinds of securities, according to the Credit Suisse website. The U.S. Securities and Exchange Commission website calls the ATS Crossfinder a \"dark pool.\"Bank of America sent the email to traders and hedge fund clients on Monday morning.On Sunday, the 167-year old Swiss lender was subsumed into its larger rival UBS, which agreed to pay 3 billion Swiss francs ($3.23 billion) for Credit Suisse in a package engineered by Swiss regulators.Credit Suisse declined to comment on the email and Bank of America also declined to comment.The Credit Suisse rescue was backed by a massive Swiss government guarantee, helping prevent what would have been one of the largest banking collapses since the fall of Lehman Brothers in 2008.Switzerland has pledged 260 billion francs in liquidity lines and guarantees to UBS to help smooth the takeover as Credit Suisse clients and counterparties reassess their relationship with the stricken lender.The deal will also make UBS Switzerland's only global bank and the Swiss economy more dependent on a single lender.","news_type":1},"isVote":1,"tweetType":1,"viewCount":137,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":26,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}