If derivatives trigger an worldwide financial meltdown, how would that affect brokers

Discussion in 'Retail Brokers' started by Daal, Aug 1, 2007.

  1. Daal


    the 'insurance' stock brokers provide could easly not be enough since they have a cap on total amount they cover. plus the insurer could itself be insolvent(altought I believe Lloyds is reinsured).
    the chance of this doomish scenarios might be low but their certainly are not insignificant after the subprime alt-a debacle