Anchorage Capital Closes After Betting Against AMC Stock
Anchorage Capital Group, LLC has announced it is shutting down due to significant losses. The hedge fund is closing after 18 years and returning the $7.4 billion dollars it manages back to clients. Their credit fund, Anchorage Capital Partners is…
NSCC-2021-010 Prevents Naked Shorting and FTDs [Canceled]
The NSCC is taking accountability as a third party between lenders with the NSCC-2021-010 proposal. We now have a referee in the market saying everyone needs to play fair. Will it be implemented anytime soon? Here’s what’s going on. Update:…
Ken Griffin Lied About Robinhood Communication During Halts
#KenGriffinLied is trending number 1 on Twitter right now. A document was just released showing messages between Vlad and Robinhood COO, Gretchen Howard, in regards to Citadel making demands on limiting PFOF (Payment For Order Flow) back in January. The…