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Right, and Enron would probably have enjoyed it, and that's why they dreamt it up. But a market can't survive on traders. It needs real buyers and sellers who
by dmurray 3y ago
Right, and Enron would probably have enjoyed it, and that's why they dreamt it up. But a market can't survive on traders.
It needs real buyers and sellers who aren't looking to capture inefficiencies in the market but to smooth out uncertainties in their cashflow. Dell, Apple, Samsung, TI, etc. They would find it didn't offer them a good hedge.