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EXPLAINED: Archegos’s margin call, fire sales and the implications for top investment banks, markets

Updated : April 03, 2021 02:09:43 IST

Archegos had taken bets on stocks using borrowed money, and pledging shares as collateral with the investment banks/brokers
When Archegos was unable to put up the money, its brokers dumped the shares Archegos had pledged with them.
Published : March 29, 2021 07:32 PM IST

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