[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.50766582 [View]
File: 716 KB, 1754x1996, juggling-bombs.jpg [View same] [iqdb] [saucenao] [google]
50766582

>>50766435
I highly doubt shorts can maintain their positions once the DTCC is removed from a custodial relationship with GME shares for brokers. The DTCC and the NSCC is 99% of the problem here, they allow the naked shorts and infinite FTDs to exist. If shorts had to borrow from actual shareholders they'd be wiped out immediately. I am not sure how they process withdrawals to competing depositories, if anybody could provide an example of this occurring before.

Navigation
View posts[+24][+48][+96]