This is a Guest Post by @AkFallible.

Today we’ll talk about the scene in Billions Season 4 where Bobby Axelrod and Wags Wagner are taking some massive trades old school style… through the phone! We’ll also answer How Prime Brokerages Work and why institutional traders get access to all these financial services.

***All content, opinions, and commentary by Fallible is intended for general information and educational purposes only, NOT INVESTMENT ADVICE.