5 ms·
"Potentially making it worse will be the impossibility of unwinding the derivatives and naked buy/sell strategies used to help so many of these funds pseudo-mat
by blacksqr 7y ago
"Potentially making it worse will be the impossibility of unwinding the derivatives and naked buy/sell strategies used to help so many of these funds pseudo-match flows and prices each and every day. This fundamental concept is the same one that resulted in the market meltdowns in 2008."
- gniv 7y agoThe keyword there is "help". They use derivatives to handle the daily fund flows. They should be a tiny percentage of the whole fund value.