Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...

Subscribe Log in

Gold & Silver Prices

Home>Coins dealers headline>Interactive Brokers chair says financial system came ‘dangerously close’ to failure during GameStop mania

Articles NewsFlow Gold & Silver Prices Market Briefing

Interactive Brokers chair says financial system came ‘dangerously close’ to failure during GameStop mania

IMG Auteur

USA Gold

Published : February 19th, 2021

113 words - Reading time : less than a minute

( 0 vote, 0/5 )

Print article

Article

Comments

Comment this article

Rating

All Articles

0

Send

0

comment

Our Newsletter...

Disclaimer

Category : Coins dealers headline


	CNBC/Kevin Stankiewicz/2-17-2021 “[T]he brokers default on the clearinghouses, so you end up with a complete mess that is practically impossible to sort out, so that’s what almost happened.” – Thomas Peterffy, Interactive Brokers USAGOLD note: I guess they didn’t see it coming. Why is it that these near brushes with disaster become a major source of worry and debate after the fact? Where are the regulators who are supposed to keep a lid on this sort of thing? These kinds of problems are the children of excess liquidity and rampant moral hazard. By now, we should be getting used to it, and more aware than ever, that systemic risk needs to be hedged.

Read the rest of the article at USA Gold

Previous article

Rate :

Average note :0 (0 vote)

IMG Auteur

USA Gold 13 abonnés

All his articles

His latest articles

‘Eye-popping’ $1 trillion third-quarter borrowing need from

Gold demand trends Q2 2023 – World Gold Council

Similar articles you might enjoy :

The Overreach of Power and Privilege

Gold: Structural Inflation & The Roaring 2020s

Comments closed

All

Favorites

Best Rated

Latest comment posted for this article

Be the first to comment

Add your comment

Top articles

Services

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis

World PM Newsflow

ALL

10:01Leapfrog continues to evolve to tackle increasingly complex mining projects Im-mining

10:01Charges stayed against Ministry of Labour for 2006 mining death - TimminsToday.com Timminstoday

09:06Deeper water engagement can help reset mining ESG course: Garrick Field Im-mining

08:54Botswana grants first manganese mining licence to Giyani - Miningmx Miningmx

08:49Giyani secures Botswana's first manganese mining licence for Kgwakwe Hill Mining

GOLD

10:01Leapfrog continues to evolve to tackle increasingly complex mining projects Im-mining

10:01Charges stayed against Ministry of Labour for 2006 mining death - TimminsToday.com Timminstoday

09:06Deeper water engagement can help reset mining ESG course: Garrick Field Im-mining

08:54Botswana grants first manganese mining licence to Giyani - Miningmx Miningmx

08:49Giyani secures Botswana's first manganese mining licence for Kgwakwe Hill Mining

SILVER

18 SepMountain town of 300 residents dubbed 'best hidden gem' in Colorado - Denver Gazette Denvergazette

18 Sep8 Picturesque Towns in Idaho for a Weekend Retreat in 2024 - WorldAtlas Worldatlas

18 Sep6 Whimsical Towns to Visit in Idaho - WorldAtlas Worldatlas

18 SepExploration Progress Report on Cariboo Rose's Gold-Copper-Silver Projects - TradingView Tradingview

18 SepExploration Progress Report on Cariboo Rose's Gold-Copper-Silver Projects - Junior Mining Network Juniorminingnetwork

PGM & DIAMONDS

27 Mar

Explorer Platinum Creeping Closer into Lincoln Wheels.ca

27 Mar

Kylie Jenner Shows Off Platinum Blonde Hair In Racy Snap Marie Claire

27 Mar

FC Platinum, Ngezi Platinum, Bosso lead the way The Daily News

27 Mar

Super Robot Wars X Trophies Reveal Endings, Has a Platinum PlayStation LifeStyle

27 Mar

Kylie Jenner Goes Platinum Blonde Amid Claims She Wants To Be A ‘Hot’ Mum MTV UK

OIL & GAS

27 Mar

Oil tips higher as questions over Iran deal persist MarketWatch

27 MarCrude Oil Holds Near 7-week Highs London South East

27 Mar

Husky Energy Faces Canadian Charges Over 2016 Oil Pipeline Spill E&P Magazine

27 Mar

‘Single biggest change in capital markets’: China launches oil futures that could topple dollar Calgary Herald

27 Mar

3 Top Oil Stocks to Buy Right Now Fox News

OTHER METALS

01 MarKincora Copper completes prospectus for proposed listing on the Australian Securities Exchange Yahoo

27 Mar

Nickel prices trading sideways India Info Line

27 MarIndia Nickel Scrap prices drop in line with MCX Nickel Scrap Register

27 Mar

Technology shares lead US equities rebound FXstreet

27 Mar

FORECAST: Copper, nickel to outperform; zinc prices likely to peak in mid-2018 – Victorem Metal Bulletin

Contact us

Privacy policy

Disclaimer

About us

copyright 24hGold