Naked shorting: The curious incident of the shares that didn't exist (2005)

Re:Naked shorting: The curious incident of the shares that d... by glitchc on Sunday January 31, 2021 @06:30PM (#25983720)

In sports, we call these "side-bets," wherein the total value captured in the bets can be many times the purse prize of the event (fight/match, what have you).

That there's a great deal of betting happening on the outcome of the stock market shouldn't surprise anyone (and yet it does!). It is, after all, the biggest game on the planet.

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Re:Naked shorting: The curious incident of the shares that d... by jkhdigital on Sunday January 31, 2021 @08:36PM (#25984613)

Except in sports, the side bets don’t inherently sway the outcome of the match (unless the players are betting too). Financial side bets do influence real asset prices.

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Re:Naked shorting: The curious incident of the shares that d... by jaycroft on Sunday January 31, 2021 @07:04PM (#25983998)

And what happens when the side bets begin to wag the dog - when it becomes more profitable to manipulate the underlying and pay the fines there in order to save a bigger position in the side betting market?

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