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tonfa
searching PlanetScale…
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271.
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by
tonfa
6y ago
Is your underlying theory that with no intervention the stock would have no choice but to go to the moon? Seems pretty bogus to me, there's still liquidity (so that's nothing like VW squeeze, where 75% of the market was cornered b
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tonfa
6y ago
> The reason the trade might not clear is because of hedge funds or market makers that might go bankrupt, and not have the capital to pay for the shorts that they need to buy back. The collateral is there so that if the hedge fund can&#x
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tonfa
6y ago
You could still buy if you were short (close your position). And allegedly there's many more shorts than long positions.
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tonfa
6y ago
> Why? Because it allows for more internal netting, and more time to reconcile discrepancies with the tape. If you're familiar with computers, it's the same kind of tradeoffs as doing lots of rpcs vs. batching.
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tonfa
6y ago
Not as collateral, it has to be the broker own funds. (It's a protection against brokers failing)
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tonfa
6y ago
It's partially true tho, they provide inferior price than other brokers using Citadel (because their contract apparently gives them a bigger kickback than most other brokers). In practice price improvement is split between the trader a
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tonfa
6y ago
Got curious, for SEPA there's next day settlement and 1B EUR limit. The instant SEPA transfers have a 100k limit.
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tonfa
6y ago
> and then used client funds as collateral? But that's not necessarily settled right? E.g. client sells AMC, then buys GME. At this point RH doesn't have the cash to for it (the settlement should clear, but it still needs to co
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by
tonfa
6y ago
> So my next question is, why is that? Don't most brokers allow you to continue trading before settlement? (so someone has to put collateral for that) I guess most traders would complain if they had to wait two days after every trad
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tonfa
6y ago
IB had restricted trading on their pro offering (which does not sell order flows and doesn't have commission free trades)
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tonfa
6y ago
Isn't that fairly misleading? > Ortex said the figures are based on the change in trading prices between the start of January to Wednesday’s close, and the number of short positions. The shorts might be down 70 billions, but won
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tonfa
6y ago
I guess the theory from some people is that if they could have kept buying then the stock would go up (and trigger the squeeze). Not sure I buy it (esp with the amount of call options that are just going to magnify the move up but also the
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tonfa
6y ago
There will always be more short sellers to bet on the overpriced stock to go down ;)
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tonfa
6y ago
> Now scale this up to several million people. And many more shares, most of them hold by corporate and institutions (some of those institutions will be happy to lend shares as well). Also more shares can be issued.
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tonfa
6y ago
What does it mean? The passive ownership usually follows market cap, it doesn't need to buy because the share goes up, it was already owning the correct fraction (ok unless it suddenly enters the sp500 then it might move the price :))
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tonfa
6y ago
I think it largely spilled over at this point, it's been mentioned in every mainstream media around the globe, and I'd assume there's a lot of FOMO going on. While it's likely that some of the wsb crowd plays it yolo sty
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tonfa
6y ago
I don't think it's easy for most people to make device behind their IPv4 nat available. Also the firewall won't provide the same security, here afaik it also handle auth for you (only approved clients can connect), so you don
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tonfa
6y ago
> They might have okish EVs, but no plans to truly mass manufacture them Isn't the renault zoe selling better than tesla cars in europe?
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tonfa
6y ago
And there's 300 extra beds now, right?
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tonfa
6y ago
> The reason they're a problem is that most banks have a large portion of their funding in the form of deposits and passing on negative rates to depositors is very very hard - in my experience only the very largest (billions of doll
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tonfa
6y ago
https://www.statnews.com/2020/11/10/the-story-of-mrna-how-a-... https://berthub.eu/articles/posts/reverse-engineering-source... Not going into the safety side that much, but a lot o
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tonfa
6y ago
At least it seems like this should be an independent body, not tied to the government/politics (kinda like a central bank). But in any case, this still has the issue that it would be a massive institution, if it had to review all small
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tonfa
6y ago
> As I mentioned in another comment, banks will have to do a better job at convincing me to open a deposit. Hopefully this will increase competition between banks and make them more transparent. Not sure it makes sense, can they really c
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tonfa
6y ago
> commercial banks invest my money on my behalf without me having any control over the process. CBDC is presumably just a store. Central banks have been against direct accounts for retail for this reason, because they didn't want to
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tonfa
6y ago
Youtube works when not logged in though.
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tonfa
6y ago
Also I don't think gmail was a 20% project (at least according to wikipedia which links to http://blogoscoped.com/archive/2007-07-16-n55.html ): > [...] they asked me if I wanted to build some type of email or p
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tonfa
6y ago
> So it wasn't out of reach for academia, pharmaceuticals, or others with a bit of resources. How much does hiring a deepmind-like team cost though? (massively more than the TPU resources?) Still within reach of pharmaceutical indus
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Welcome Android Open Source Project (AOSP) to the Bazel Ecosystem
(opensource.googleblog.com)
1 points
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tonfa
6y ago
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0 comments
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tonfa
6y ago
Why does it matter? It's part of the culture of those places now (eg late lunch/dinner in spain).
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tonfa
6y ago
Good thing the last generation of nuclear plants is only ten years behind schedule (was supposed to be done in 5 years, now estimate is 15) and 5x over budget https://en.wikipedia.org/wiki/Flamanville_Nuclear_Power_Plan
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