Wells Fargo Bank (WFC.US) will follow the example of its peers in options settlement and may welcome large market makers such as Citadel to join in 2026

Zhitong Finance App learned that as customer demand for options clearing services grows, Wells Fargo Bank (WFC.US) Global Marketing Department is actively developing this field. Wells Fargo will follow the example of industry peers such as Bank of America (BAC.US) and Goldman Sachs (GS.US) and use its own funds to provide liquidation guarantee services for customer options transactions, and play a key role in risk bearing between customers and clearing houses; however, how much market share it can eventually occupy remains to be further observed.

According to information, at present, this plan is still in the early stages of initial progress; it is worth mentioning that as early as June of this year, Wells Fargo had already lifted the regulatory burden of previously limiting its asset size to exceed 1.95 trillion US dollars.

DJ Langis, co-head of the bank's global marketing department's stock business, said in an interview that the bank had already begun studying options settlement at an early stage before the asset limit was lifted in 2025. He added that Wells Fargo is reshaping its securities sales and trading business to better serve market makers, and this effort has boosted its team to expand its workforce.

Large market makers such as Citadel Securities and Jane Street rely on clearing brokers to handle the transaction settlement process. According to reports, these market makers agreed to begin liquidation at Wells Fargo in the second half of 2026.