Risk Factors Update Summary
- Market making revenue for 2023 was derived from market making in U.S. equities.
- Long-term borrowings decreased from $1.826 billion to $1.751 billion in 2023.
- Outstanding indebtedness under long-term borrowings decreased from $591 million to $599 million.
- Borrowings outstanding decreased from $212 million to $175 million at December 31, 2023.
- The maximum borrowing limit under the revolving credit facility is $250.0 million.
- Proposed regulations in the EU may impact investment firms' prudential requirements and classifications.
- Potential transaction taxes could apply to certain financial transactions, impacting costs and risks.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1592386&owner=exclude
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