Re:SoftBank unmasked as ‘Nasdaq whale’ that stoked tech rally
by mumblemumble on Friday September 04, 2020 @01:30PM
(#24377027)
That last "if" is the crux. Intent is a huge factor in what is and is not considered legal market behavior. For example, consider banging the close. Buying lots of futures at a certain time of day is not illegal in and of itself. But it's quite illegal if regulators show that your purpose in doing so was to influence the settlement price of some other asset in which you hold a position.
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Re:SoftBank unmasked as ‘Nasdaq whale’ that stoked tech rally
by WrtCdEvrydy on Friday September 04, 2020 @02:00PM
(#24377344)
Wouldn't banging the close be priced into the market?
Can you leverage buying a lot of calls or puts into making profit for yourself?
Re:SoftBank unmasked as ‘Nasdaq whale’ that stoked tech rally
by tw600040 on Friday September 04, 2020 @02:19PM
(#24377509)
How are they going to prove intent?
Re:SoftBank unmasked as ‘Nasdaq whale’ that stoked tech rally
by mumblemumble on Friday September 04, 2020 @02:46PM
(#24377731)
It tends to involve things like subpoenas and depositions.