Re:The Essex Boys: how nine traders hit a gusher with negati...
by xx789 on Saturday December 19, 2020 @08:09PM
(#25482949)
source? yeah I know its fashionable to say that wall street keeps ripping people off, but banks are so crippled by regulations most hedge funds and small trading firms run circles around them. Big banks only make money from clipping tiny commissions on billions of transactions like a whale eating krill.
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Re:The Essex Boys: how nine traders hit a gusher with negati...
by crazyideaman on Sunday December 20, 2020 @02:02AM
(#25484509)
Looks like the report I was looking at was a bit dated and they don't provide the same chart in the 2019 annual report. Here is an older one though on page 92.
https://www.goldmansachs.com/s/2012annual/assets/downloads/G...
I was just contrasting that large institutions can short the market and easily move price due to the volume they trade at without being investigated but there is outrage when handful of random guys do and the price collapses.