Found a very ’dasting, and complex, thread on Reddit. I remember reading about European Dark Pools at some point a while back. This thread is looking like the receipts for that claim.
It’s so long only about half of it fits in the thread box, so here’s the link and TLDR to start, thread to follow in a comment.
Source Link: https://www.reddit.com/r/Superstonk/comments/1nt385a/another_glitch_in_the_system/
Part 1: https://greatawakening.win/p/1ARK57rgOJ/x/c/4eXu1hTN9XS
Part 2: https://greatawakening.win/p/1ARK57rgOJ/x/c/4eXu1hTNh6W
Summary and TLDR
To summarize the implications to the global markets, I lean towards believing that the extreme derivative behavior around Gamestop’s stock price is a hallmark of shadow banking behavior, massive price arbitrage, regulatory avoidance, hidden risk structures like those that collapsed Archegos, and fragile market structure that relies on a few over-leveraged “nodes” to function. If I am even partially right, it raises questions like:
Who is holding these derivatives and exposures? Is it Archegos/Credit Suisse leftovers in the hands of UBS? Citadel? Hedge funds? Why this specific stock? And what happens if it is halted, delisted, bankrupted, or explodes as a massively successful turnaround story?
https://files.catbox.moe/y1r77b.webp
Just going to leave this here as a little tongue-in-cheek way to drive that last question home. The turnaround of Gamestop is not just a theoretical possibility, it seems inevitable. “Apes” won, saved the company, and it’s fundamentals are detaching tremendously from its valuation. What happens when one side of the bet must capitulate? It seems that day is rapidly approaching. As you can see with Palantir, stock prices do not stay detached from reality forever.
This has been a grind of a read, so let me just end it here with a final thought, that I think most logical people can get behind, assuming they find the data itself compelling:
If massive derivative activity happens around a small retail stock, but not around major macroeconomic events, it suggests the stock is being used as a key piece in the hidden mechanics of financial risk. It’s like finding a tiny bolt in a skyscraper that, if it breaks, sends shock waves through the building, while literal earthquakes from outside the building don’t.
We tend to think that Gamestop is just another stock on the global market. But what if Gamestop is just… where the game stops?
TL:DR:
- 🕵️ Bizarre Data Anomaly: The author examined public DTCC data, specifically the outstanding notional value of "equities, single-sided non-EEA" derivatives (complex, cross-border equity transactions) - which typically hovers around $2–$3 trillion.
- 📈 Astronomical Spike: This value inexplicably spiked to an absurd and unprecedented peak of nearly $485 QUINTILLION (485 million trillions), a figure many times larger than the entire global economy.
- ❌ Confirmed by DTCC: The DDRIE (a DTCC repository) confirmed the data was accurate and compliant with regulatory requirements, despite the author's initial belief it must have been an error.
- 🎮 Gamestop Correlation: The start of the spike precisely coincided with the week that DFV began posting about GameStop again, linking the anomaly to the stock's run-up.
- 📉 Decay After Offering: The massive quintillion-dollar figure rapidly collapsed back to its normal baseline only after GME CEO Ryan Cohen issued a 75-million share stock offering.
- ⚠️ Shadow Banking Risk: The author concludes this extreme, anomalous trading, which was not seen during other major global crises like the COVID-19 crash, suggests the stock is being used as a critical component in complex shadow banking activities, creating a fragile, hidden systemic risk in the global markets.
It’s a nice affirmation that we aren’t totally regarded.
… probably.