Are Brokers lending your shares without informing you?

As it turns out, Brokers might say “they’re not lending your shares.” and then they may proceed to lend shares that may or may not be yours. Which, depending on how your shares are accounted for, your shares might be in some Omni-bus arrangement of shares. So it’s not technically yours being lent. Perhaps your… Read More Are Brokers lending your shares without informing you?

Transcript of four interviews with IBKR during Can’t Stop, Won’t Stop, Game Stop

IBKR for you folks like me who forget what/who they are, are a brokerage firm that allows people to trade stonks outside the US. IBKR is short for Interactive Brokers Group, Inc. Anyways, I wanted to do an analysis of what the IBKR Founder and Chairmen said (Thomas Peterffy on CNBC on the 28th), Feb… Read More Transcript of four interviews with IBKR during Can’t Stop, Won’t Stop, Game Stop

‘Beneficial Ownership’ and Brokers are not your friends. Chances are, they never had your back nor your shares.

Alright, come with me to Pretend-land and put on some pretenses for your amusement. Let’s say your some retail trader and you’ve got an account with the popular mobile game Robinhood or Etrade or something in the genre of ‘stock markets’ and ‘online gambling’ or ‘degenercy adjacent to pornography’. Point is, if you actually read… Read More ‘Beneficial Ownership’ and Brokers are not your friends. Chances are, they never had your back nor your shares.

Are Pension Funds Sacrificed to Backstop the US Dollar? I ask AI because I have no idea what I’m talking about.

As the title suggests, I really don’t know anything. And because I don’t know anything, what I’m going to say is only truths or subjective personal truths, making this accurate Gone-zo journalism. You’re welcome. Socrates would be proud, because I really know that I don’t know. You know? So, what is a Backstop? In Finance,… Read More Are Pension Funds Sacrificed to Backstop the US Dollar? I ask AI because I have no idea what I’m talking about.

Comprehensively Extensively Long look at the Naked Short Selling Phantom Menace of the Markets

This is a very long article, I apologize, I don’t like long articles either. Hell, I wrote the damn thing. – And it’s sadly really really long based on many moons of research. This is of course an opinion backed by what little evidence that I can scour to paint an opinion editorial piece to… Read More Comprehensively Extensively Long look at the Naked Short Selling Phantom Menace of the Markets

Virtu Financial CEO talks about the Liquidity Fairy

Here’s a transcript of a video interview of CNBC and Virtu Financial CEO in mid 2022, Transcript provided by the internet of stuff; Douglas A. Cifu (Virtu Financial CEO): Fundamentally at Virtu to and every market participant says we welcome competition. We’re not anti-lit exchanges and today indeed broker dealers, retail broker dealers are free… Read More Virtu Financial CEO talks about the Liquidity Fairy