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You all don’t recognize a revisionist account when you see one. You all don’t realize that the only firms still market making in retail options are hedge funds
by svnt 6y ago
You all don’t recognize a revisionist account when you see one. You all don’t realize that the only firms still market making in retail options are hedge funds with GME short positions. You’re falling for the reasonable technical explanation. The “clearing house” they are talking about is Citadel. They hold (more held, probably) large GME shorts among others, and fund other hedge funds that also held those shorts.
- pldr2244 6y agoI’m not sure why you’re being downvoted at all. What you say sounds perfectly reasonable to me. An interesting technical explanation for why brokers ALSO had an incentive to block buy-action... ...doesn’t mean they couldn’t have also had other incentives/pressures.