Yes. Over on Reddit (Superstonk and GMEJungle) there has been much talk and documentation of this.
To condense: New regulations are in effect 10/1 that large financial institutions trading equities must be in possession of 1 Trillion of high quality capital as collateral in order to participate in trading activity. This amount is up from what I believe was just 50 million previously. It is going to squeeze a lot of institutions, it is believed. (I also think it is why the Daily Reverse Repo operations have climbed to a whopping 1.4T!)
Global economics is a really involved subject, lol - and it is not my field. I have traded for a long time, so I am familiar with the basics, that's it.
I think the new collateral requirement, and the Stock Squeeze all tie into Trump's plan, in that it forces these institutions to pile up all the cash they have - so that it will be taken from them.
Many, many, big name financial institutions are going to go under.
Can you elaborate on large financial institutions and high quality, liquid collateral?
Yes. Over on Reddit (Superstonk and GMEJungle) there has been much talk and documentation of this.
To condense: New regulations are in effect 10/1 that large financial institutions trading equities must be in possession of 1 Trillion of high quality capital as collateral in order to participate in trading activity. This amount is up from what I believe was just 50 million previously. It is going to squeeze a lot of institutions, it is believed. (I also think it is why the Daily Reverse Repo operations have climbed to a whopping 1.4T!)
Global economics is a really involved subject, lol - and it is not my field. I have traded for a long time, so I am familiar with the basics, that's it.
I think the new collateral requirement, and the Stock Squeeze all tie into Trump's plan, in that it forces these institutions to pile up all the cash they have - so that it will be taken from them.
Many, many, big name financial institutions are going to go under.
Citadel? Can we get rid of Kenny? ha jk I know they can afford it. I'll check out GMEJungle. Thanks!
https://www.nintendoenthusiast.com/wp-content/uploads/2020/02/GameStop-PowerUp-Rewards.jpeg
See the upside down Q?
It's literally the power symbol for some electronics. That's what the power button on my PC looks like.
oh yes! I love it!
Also:
https://www.reddit.com/r/DDintoGME/
🚀 🌙 💎 🦍