3 ms·
"Fake stocks" does make it sound like the users are being mislead into thinking that they are buying actual stocks. Which doesn't seem to be the case.
by yreg 5y ago
"Fake stocks" does make it sound like the users are being mislead into thinking that they are buying actual stocks. Which doesn't seem to be the case.
- elevenoh 5y agoIt's definitely not the case. "Fake stock" == "stock futures instrument" depending on the writers underlying motive. And the bloomberg motive is clear.
- arcticbull 5y agoEquity futures are constructed around, on settlement date, delivery of the underlying shares to long contract holders from short contract holders. They're called SSFs for short. [1] There are cash-settled futures too, but they're usually for things that don't sit well in a brokerage account like "a NASDAQ" or crypto, for instance. [1] https://www.investopedia.com/articles/optioninvestor/06/singlestockfutures.asp https://www.investopedia.com/articles/optioninvestor/06/sing...
- elevenoh 5y agoEquity futures (e.g. perpetuals) exist in forms beyond the definition you've mentioned. example https://ftx.com/trade/FB/USD https://ftx.com/trade/FB/USD
- arcticbull 5y agoThat's on FTX, I was referring to in real life.