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I removed the reference to synthetics, because it is indeed a conspiracy/speculation (there can't really be evidence for it even if it's true). Though it has ha
by bboygravity 4y ago
I removed the reference to synthetics, because it is indeed a conspiracy/speculation (there can't really be evidence for it even if it's true). Though it has happened in the past and has been documented. Source: "Naked short and greedy" book.
There are some more hints though for the whole synthetics conspiracy ongoing. The most recent one, going on right now, being the GameStop stock split through stock dividend failing in Germany, because of DTC/DTCC issues.
These types of splits are not uncommon (Google did one a couple of weeks ago without any issues: https://capital.com/google-stock-split https://capital.com/google-stock-split) and I've never heard of a stock split failing due to clearing issues before.
So there's that.