Current Structure of Banks and Financial Markets is centered around a Mega Bank Holding Company (a Member of Clearing House, LLC and Federal Reserve) with typically the following subsidiaries.


Under the current law, the subsidiaries and parent company are legally firewalled. This means the information from one subsidiary to others, directly or indirectly through parent company, is not permitted legally. Under this law, the MMS cannot legally share real-time order flow information with anyone including its own parent company and other subsidiaries including the PPHF. By law, the MMS is supposed to match buy and sell orders to clear the trading orders efficiently. The MMS receives an appropriate commission from buyers and sellers. The MMS is, however, legally not permitted to trade with buyers and sellers for profits.

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