Behind the Money

Wall Street’s new trading titans

Oct 16, 2024
Joshua Franklin, US banking editor at the Financial Times, dives into the explosive rise of independent trading firms like Jane Street and Citadel Securities. He discusses how these non-bank entities have surged past traditional investment banks, reshaping trading dynamics across various markets. The conversation highlights the efficiency of these firms and the risks they pose, especially regarding market stability and regulatory oversight. Franklin also touches on the contrasting operational models and the potential for increased regulation in future.
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