Yesterday indices opened up and rose until about 2pm and then sold off into the close.
(Edit: if the robinhood stopping GME buy orders need came out before market, so I stand corrected on this)
Agreed about clearing and counter party risk almost causing the bomb to go off. I think markets are spooked but most people don’t realize just how serious clearing issues were, and how close we came to firms collapsing
Yesterday indices opened up and rose until about 2pm and then sold off into the close.
(Edit: if the robinhood stopping GME buy orders need came out before market, so I stand corrected on this)
Agreed about clearing and counter party risk almost causing the bomb to go off. I think markets are spooked but most people don’t realize just how serious clearing issues were, and how close we came to firms collapsing