Re:Even More Bay Area House Party
by julkali on Wednesday January 04, 2023 @05:53AM
(#34244165)
Not relevant to the discussion but why is it illegal? Would save a lot of transaction fees ...
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Re:Even More Bay Area House Party
by ravel-bar-foo on Wednesday January 04, 2023 @06:58AM
(#34244551)
Probably because the counterparty is the dealer, so the dealer has to manipulate prices and terms in their favor to turn a profit. Also, since no actual stocks trade hands, there is no effect on stock price and no investment value.