JP Morgan warns hedge funds to expect intraday margin calls US bank may demand variation margin ‘up to seven’ times a day after Archegos default - The Great Awakening - Where We Go Qne, We Go All!

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JP Morgan warns hedge funds to expect intraday margin calls US bank may demand variation margin ‘up to seven’ times a day after Archegos default (www.risk.net) 🚔 Crime & Corruption 💸

posted 3 years ago by emptychairday 3 years ago by emptychairday +27 / -0

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– bojackjohnson 2 points 3 years ago +2 / -0

So does this mean banks may run out of money at any time?

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– deleted 5 points 3 years ago +5 / -0

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– bojackjohnson 1 point 3 years ago +1 / -0

Shit, hopefully our mortgage gets approved next month 😬

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– scyenceFiction 2 points 3 years ago +2 / -0

Personal LOC is unsecured debt, a mortage is backed by an asset.

Assets are what banks are banking on right now. They oughta be fighting for that business.

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– bojackjohnson 2 points 3 years ago +2 / -0

Oh awesome, gotta get out of Illinois!

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– deleted 1 point 3 years ago +1 / -0

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