/biz/ - Business & Finance

I'm interested in seeing how this turns out. This is a pretty big swap, I wonder if it will be the event that starts market crash.

>>56789403
Kill yourself, gamebaggie.

>>56789439
Are you saying that the swap isn't real?

>>56789403
explain it to me like i'm a smoothbrain

>>56789491
https://stateofthenation.co/?p=197153

He walks through it.

>>56789474
>my guess is this equity swap is somehow related to my dead brick and mortar retail stock
Keep coping, baggie.

>>56789544
>expecting em to click that link
Screenshot it and post it or copypasta the text

>>56789573
But is it real or fake?

>>56789583
>>56789544
https://halturnerradioshow.com/index.php/en/news-page/world/bank-books-149-trillion-equity-swap-due-to-expire-settle-on-december-15

>ctrl + F "gamestop" "GME"
>zero results found

Now fuck off redditor.

It says right there in the fucking swap name it’s a volatility basket swap, meaning it’s linked to an index not a single name company. God fucking Twitter is retarded

>>56789491
according to the rules that the goyim have to follow, the people who are short on gamestop have a deadline and its not possible for them to make that deadline. so the gamestop people think that gamestop stock will shoot up infinitely.
but these rules dont apply to people that control the system, so nothing is going to happen

Also most of that would have been paid out already as it’s likely not a bullet swap

>>56789599
Fake and gay

>>56789603
But the swap is real?

>>56789615
It’s not because the rules don’t apply, nothing is going to happen because swaps pay out on a fixing period generally and not at maturity. Even if it didn’t have a fixing period and is in fact a bullet swap, it’s still legally required for swaps to post collateral on the MTM value, and only with specific HQLA collateral with haircuts

>>56789603
>ctrl F "TKD"
>1 result found
is it over?

>>56789790
Yes

>>56789491
the date 1970-01 is also known as the unix epoch and it frequently shows up on erroneous computer entries or other computer glitches

but realistically its impossible that this is just a fat finger / computer glitch and gamestop is going to $1,000,000,000,000,000 per share and the hedgies will ledgies etc. etc.

>>56789403
Let's see what happens, eh boys?

>>56789656
No, obviously.

>>56789656
It's real... in someone's mind.

This is the harbinger of WWIII.