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Would any of the traders mentioned that owe all that money to Interactive Broker's have to pay the total amount? Or is that part of Interactive Brokers' loss cl
by muyth 6y ago
Would any of the traders mentioned that owe all that money to Interactive Broker's have to pay the total amount? Or is that part of Interactive Brokers' loss claim.
- whatok 6y agoFrom the story: > Customers will be made whole, Peterffy said. “We will rebate from our own funds to our customers who were locked in with a long position during the time the price was negative any losses they suffered below zero.” I'd imagine this is so they don't get sued and have some shoddy code pop up during trial.
- vmception 6y agoor they're raising capital and the end justifies the means same result of avoiding litigation, but even fewer consequences