An Existential Moment for Securities Finance

Gamestop and the Storming of the Hedge Funds' Bastille

Feb 1, 2021: The social controversy over Gamestop’s (GME) battle of wills — r/wallstreetbets v 'The Shorts' — will harden the scrutiny of regulators and litigators toward the US$2.4 trillion global ecosystem that supports hedge fund strategies. This is a pivotal moment, not only for GME and The Shorts, but also for the Bastille-walled clearing markets that their lenders and agents use to secure the funds' trade settlements and financings. 

Monday, February 1, 2021/Author: Ed Blount/Number of views (327)/Comments (0)/