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*580 million

• Grimburger 6mo ago
  There was equity futures and oil contracts both at the same time. Total risked with zero public news was approx $1.5B
  • kasey_junk 6mo ago
    Notional. Those contracts have between 8-15x leverage. Looking at the CNBC graph linked you can see the volume better (though not the actual lot sizes). The likely at risk dollars was probably closer to 10M across both.
  • QuadmasterXLII 6mo ago
    Sure, I believe that. But not 580 Billion. (I sometimes wonder how much damage has been done to the United States political system by naming them million, billion and trillion. Would we all budget carefully and precisely consider the relative impacts of different scales of expenditure if a thousand thousand was a woozle, a thousand woozle added up to a brillig, and a thousand brillig was a fearsome vogon?)