MemberJune 8, 2021 at 10:29 am
Found the answer… kinda…. once the hedgies are liquidated, how will the DTCC cover? Will they fill all orders at any price or be like insurance and drag it out to pay as little as possible? Below is the link for the DD but it’s a LONG read… in a nut shell, super computers go BRRRR and we get paid any price. They get a little reimbursed from the auction of physical assets from the hedgies…. lot of good stuff in the comments too.
Counter-DD to the Theory that when DTCC MARGIN CALLS AND LIQUIDATES ,THEY WILL LET THEIR COMPUTERS GO HAM AT ANY PRICE UNTIL 100% COMPLETE/COVERED (EVEN IF THEY START USING THEIR MONEY). THESIS TO PROVE/DISPROVE IS WHETHER DTCC/NSCC WILL CHANGE APPROACH WHEN THE LIQUIDATED COLLECTOR IS ALL GONE from Superstonk