Amarin Corp Plc (AMRN)

[amarinbullfromchicago]

Yeah…I’ve never understood how self clearing is allowed. I think some MM self clear on a small level, but mostly use banks. That being said, I don’t think many banks/the govt understand many risks too well.

If firm goes belly up you asked…the firm of the shares traded you mean? Don’t quite get what you’re asking. If I short sell a share and E*TRADE clears me, they own the short if I get margin called. If E*TRADE went under, a bank or citadel would put a bid on their entire risk/portfolio. I think worst case the govt would most likely cover. When Lehman went under, their liabilities were sold to a few banks and a few Chicago firms (drw bought the Eurodollar book and made 700m on it in 1 year)