π New DTCC Guide on Unscheduled closing Of Exchanges & Markets π MOASS or Crash?
(www.dtcc.com)
π₯ BANK COLLAPSE π₯
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I had ChatGPT analyze the document and explain the implied impacts on retail, particularly during MOASS.
Immediate Effects
Halted Trading:
Communication:
Longer-Term Impacts
Price Volatility:
Liquidity Concerns:
Emotional and Behavioral Effects:
Mitigation Measures
Risk Management:
Investor Support:
Educational Initiatives
Conclusion
The unscheduled market close during a MOASS event would have profound effects on retail investors, primarily by restricting their trading capabilities and increasing market volatility upon reopening. The guidelines from the "Unscheduled Close" document ensure that the response is structured and communicated effectively to mitigate these impacts, aiming to maintain market stability and investor confidence.
In other words, we are going to be rich on paper but won't be able to do shit.
Wait, aren't you describing FIAT currency?
Maybe you've seen the rumblings about GME converting / spinning off into a financial institution.
Imagine if the hedgies conspired with DTCC / SEC to block us from selling.
A way out would be to convert each share with enormous valuations into shares of the institution. Sorta like Berkshire Hathaway (Currently at $614,000 per share).
Also interesting that Berkshire had a 99.99 % loss / "error" earlier this week.
Tokinize the wealth for easier manipulation. Kinda like removing zero's from Fiat currency only with a computer.
I've wondered what's going to happen, for some time.
If the system decides to pay us for the stock's true value, then they'd have to access the "infinite amount of dollars at the Federal Reserve." That would instantly cause hyperinflation, and then there wouldn't be a smooth transition to a new financial system.
Obviously, the white hats wouldn't want that. Where would the solution lie?
I'm not convinced that it would trigger more FIAT printing.
All these assets held in these institutions would be liquidated and most of what is held by Blackrock, JP Morgan, Chase State Street are just more assets in other companies and each other.
Pegging real institutional worth to gold & silver would stop all the fake money printing. All these places that produce products and services occupy real estate, provide technology, and a knowledgeable workforce that also have real value.
Whenever I try to figure out how the whole world got so screwed up, I think back to how my grandparents lived.
Gramps worked all week and came home to maintain the cars, lawn and house. Grams stayed at home cooking, cleaning, shopping and caring for grand kids. They saved their money and were able to afford to put kids through college and pay off their house while they were in their 50's.
They weren't taxed into oblivion. There were 3 TV channels and they all were free. No cable bill nor streaming subscription.
They would read books, participate in their bowling, golf and tennis leagues. Vacation via their car to visit all the cool places this country has to offer.
The cabal has been slowly bleeding us dry just like the frog in the pot.
No, fiat currency has nowhere to go but down. MOASS means GME and certain other stocks are going to the moon.
Lest ye be rolling in ComputerShare!
This is the problem I keep wondering about: if all of our silver, GME, crypto etc go to the moon, but the dollar goes to zero, isn't it a hollow victory? In other words, what is the stable value anchor point in reality from which we can measure our actual wealth? At one point I thought a good benchmark would be the amount it would cost to purchase the energy required to boil one gallon (or maybe one liter) of water at sea level, all taxes and fees factored out. This is pretty close to a constant, given no major breakthroughs in energy production.
I'm having ChatGPT compare to the prior version and they seem highly similar.
When ChatGPT isn't being lobotomized about a topic it's quite fun to interact with. e.g. You can give it a prompt like "i'm looking for whether the writer of the more recent doc has created a loophole for themselves to fail to deliver shares in the coming weeks" and it'll go all conspiratorial.
Take a look at "Equity trade Capture & Reporting". The items that stand out to me as being useable:
PCF stands for "Portfolio Composition File". So it sounds like if an exchange closed, the participant could submit their PCF file early (before in-the-money options are automatically exercised at end of trading day).
It sounds like this would allow participants to essentially submit their prior day's PCF file--again, this would be before in-the-money options were automatically exercised).
Both those loopholes become irrelevant if DFV exercises early.
So, does this mean we need to continue to stock up on supplies? I don't have any stocks because I don't know how it all works to be honest, it confuses me. I have to be taught like a 5th grader, lol. Is there a link to "how stocks work for dummies"? lol
Open a new account with fidelity or some other large reputable brokerage.
Send money/link your bank account.
Buy shares.
Sell shares.
Buy silver or gold.
Don't risk more than you can afford to lose.
Just buy a few shares of GME and hold em
Fidelity works for getting it done quick and easy.
HMU when you get that done and I can tech you how to DRS your shares to put them in your name.
I was just making a graphic for this... I'm so hyped!! It's so weird for them to put this out and talk like this. To me this shows that they're ready for the market to crash and have measures in place for once things have been cleared up.
"In the case of an unscheduled closing, which could occur, for example, on a national day of mourning (e.g., the death of a former President), or during an event causing significant regional impact, such as a natural disaster or other similar circumstances, "
President = Jimmy Carter? Hopefully not a reference to Trump... though PapiTrumpo/il Donaldo Trumpo did post a message in the past that makes me wonder
Natural disaster = The Storm
It even references 9/11 and another Storm
"DTCC and the Clearing Agencies have managed unscheduled closings in the past, including the September 11th attacks, Superstorm Sandy and the days of mourning declared on the deaths of former Presidents Ronald Reagan, Gerald Ford and George H.W. Bush."
BTW Husein & Bill Clinton & GWB are also still alive as far as the public knows
Imagine the msm shitstorm that would ensue if hussein was killed.
But...But... who would write Biden's speeches??
Big Mike will have to step up
I made the same comment on a couple of X threads about this... How long has Carter's body been on ice, waiting to use his death announcement when most beneficial?
Sticky. This all reads/sounds very bad.
So basically too corrupt to fix. No cell, no sell and infinity pool are the only way. Instead of getting rich, we should just focus on ending it, like the fed
You mean the market has always just been a Ponzi scheme for the ultra wealthy nepotistic faggots in wallstreet and Congress? Nahhh you donβt say?
Oh this is dasting, looks like the first archive snapshot of this same document was March 2020.
https://web.archive.org/web/20201127201531/https://www.dtcc.com/-/media/Files/Downloads/issues/Unscheduled_Close.pdf
It should be mentioned that, everything is connected, worldwide. If the USD or Market tanks, it tanks other people's shit around the world...most notably, their retirement funds. Pretty much every "white" nation on earth has their 401k, retirement and pensions in US Treasuries, nearly without exception, including some in China and a few other places.
So....If we're cornholed, so is everyone else. I guess that's one unintended consequence of this whole globalization thing. WWG1WGA extends to the money...It's all a big scribbled, entangled mess.
Did you know that when they short the shit out of a company and completely bankrupt it, part of the "spoils" these "shareholders" (because naked shorts...means they never even were SH) - they get to KEEP and split among themselves the employee's retirement/pension fund? Nice, right? Talk about adding insult to injury...
I can feel it.... coming in the air tonight. Hodl on....
u/merf u/pbman2
Maybe that's what Scanivo meant when he posted that song by Phill Collins kek
Same here.
If they lose control of gme, they lose control of the others like DJT.
Wait until everyone (who's not paying attention) sees what happens with BBBY, who just cleared their final hurdle in court yesterday.
GME~BBBY timing is everything.
Yes!
Bart Simpson meme:
What a weird thing to say...
"Death of a former president"
I saw that too... got my attention.
Thank you for info. I don't want to hijack your post but doesn't want to create new post because it's just "coincidence". Trailer for new alien movie was just released. If you remember one of DFV tweets, there was "in infinity squeez, no one can hear you scream". In trailer it's nod to that again. We got 3 apes movies in last 3 months and now this.. Sry for jewtube link. https://x.com/TheRoaringKitty/status/1324371999876067329 https://m.youtube.com/watch?v=OzY2r2JXsDM&pp=ygUNQWxpZW4gcm9tdWx1cw%3D%3D
The biggest change was just changing the stock settlement time from t+2 days to t+1, which means more liquidity and was a good thing if you are trading stocks frequently
No the CAT system being implemented and active as the 3 year LEAPS and SWAPS expiring with the new margin requirements now in place makes a MASSIVE difference.
When CAT was turned on to test starting premarket mother's Day we soon hit 80 2x and trading was halted over 16x in 48 hours before they turned it off.
T+1 is great but it's not the biggest thing.
https://old.reddit.com/r/Superstonk/comments/1d8qfvr/boom/
This
I expect to see crime
At the very least. Hodl.
Ya, I won't sell at a loss, that's for sure.
You might consider explaining this is a shorter more direct (8th grade English) non technical post to those who can't get through the substantial fog index of this current post! Thanks
I summarized all of this in a comment what's my initial post.
For every 10% move of a stock either up or down the stock gets halted. During the halt all open day orders get cxld and there are no trades accepted. As you get closer to the stock reopening there is a "quote period" where market makers begin to make a mkt in the halted stock.
Not quite.
Here's the full info for stock haults:
Stock halts are triggered by several factors, primarily aimed at ensuring fair and orderly markets. These halts can be categorized into regulatory halts, volatility halts, and trading pauses:
1. Regulatory Halts
Regulatory halts occur when a regulatory authority, such as the Securities and Exchange Commission (SEC) or a stock exchange, pauses trading to address specific issues. These can include:
2. Volatility Halts
Volatility halts are designed to prevent extreme price movements and protect investors from sudden market swings. These are often governed by specific rules and thresholds:
3. Trading Pauses
Trading pauses can be imposed by exchanges to address extraordinary market conditions:
Examples and Implications
For instance, during the COVID-19 pandemic, multiple circuit breakers were triggered in March 2020 due to extreme market volatility. Similarly, individual stocks can face halts due to unexpected earnings announcements or significant corporate news, like a CEO's sudden resignation or a major acquisition.
I was a trader for 23 years.
Then I'm sure you're familiar with the LULD committee. They are responsible for lots of halts. The key is to look at who is on this committee. Itβs all hedge fund reps. ALL.
They have a big red button basically. They can halt at any time. We saw multiple halts before and during roaring kitties live stream that are otherwise unexplainable.
These were manual halts or at the very least AI triggered by keywords. He actually points it out towards the end of his stream.
I never looked into who was on the committe but it does make sense and these people are not in the business of losing $$. Thx
It's not just the % of the move; it's a calculation of % and time.
Moving 10% over the course of the day doesn't halt, but moving 10% in 10 minutes does.
Thats what I meant 10% at one time.