The Traderszone Network

Published in TZ Latest News 26 September, 2014 by The TZ Newswire Staff

"Major Risk Should The Market Drop": BofA On Fresh Record Low In NYSE Investor "Net Worth"

While we have argued previously that looking at NYSE margin debt in isolation is quite meaningless for two simple reasons: i) in the New Normal hedge funds and algos, not retail and certainly not traders on “lit” venues like the NYSE but instead in dark pools, are the marginal traders, and ii) the relevant trading leverage is obtained from the “shadow banking” and repo markets, not plain vanilla margin debt from exchange clerks, monthly NYSE trading stats do provide some sense o

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