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Question: How much does it cost our market maker comrades per day to keep the price where it is?
(lemmy.whynotdrs.org)
this post was submitted on 25 Jul 2023
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Their financial instruments are so byzantine and dynamic that probably only one of their quants could tell you. It's probably less than could be hoped, given the level of corruption inherent to the system. Remember that literal crime is profitable even when you get caught, in Wall Street.
Yup if the fines aren’t more than your profits it’s just the cost of business