Gamestop up 12% in pre market so far.
Over the weekend the DTCC (The Depository Trust & Clearing Corporation) submitted a rules change request stating that rather than tapping up hedge funds for money owed on a monthly basis (even though it’s unofficially on a weekly basis at the moment), they are changing it to a daily basis if they feel a hedge fund is about to default to prevent losses being transferred to them.
Say, in case Citadel HF had massively over stretched on Gamestop for example.
Not financial advice but I would buy in on the off chance it goes mental as it’s looking increasingly likely.
(Trading212 announced a fee for currency exchanges the other day too, possibly in anticipation of having to convert huge piles of dollars to GBP)
