Skip to content
By using Twitter’s services you agree to our Cookies Use. We and our partners operate globally and use cookies, including for analytics, personalisation, and ads.
  • Home Home Home, current page.
  • About

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @
  • Language: English
    • Bahasa Indonesia
    • Bahasa Melayu
    • Català
    • Čeština
    • Dansk
    • Deutsch
    • English UK
    • Español
    • Filipino
    • Français
    • Hrvatski
    • Italiano
    • Magyar
    • Nederlands
    • Norsk
    • Polski
    • Português
    • Română
    • Slovenčina
    • Suomi
    • Svenska
    • Tiếng Việt
    • Türkçe
    • Ελληνικά
    • Български език
    • Русский
    • Српски
    • Українська мова
    • עִבְרִית
    • العربية
    • فارسی
    • मराठी
    • हिन्दी
    • বাংলা
    • ગુજરાતી
    • தமிழ்
    • ಕನ್ನಡ
    • ภาษาไทย
    • 한국어
    • 日本語
    • 简体中文
    • 繁體中文
  • Have an account? Log in
    Have an account?
    · Forgot password?
    New to Twitter?
    Sign up
HideNotSlide's profile
Hide Not Slide
Hide Not Slide
Hide Not Slide
@HideNotSlide

Tweets

Hide Not Slide

@HideNotSlide

Helping investors become smarter & more informed about exchanges.

LOST IN THE CITADEL SECURITIES
joinfrontmonth.com
Joined December 2014

Tweets

  • © 2021 Twitter
  • About
  • Help Center
  • Terms
  • Privacy policy
  • Cookies
  • Ads info
Dismiss
Previous
Next

Go to a person's profile

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @

Promote this Tweet

Block

  • Tweet with a location

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

    Your lists

    Create a new list

    Under 100 characters, optional
    Privacy

    Copy link to Tweet

    Embed this Tweet

    Embed this Video

    Add this Tweet to your website by copying the code below. Learn more

    Add this video to your website by copying the code below. Learn more

    Hmm, there was a problem reaching the server.

    By embedding Twitter content in your website or app, you are agreeing to the Twitter Developer Agreement and Developer Policy.

    Preview

    Why you're seeing this ad

    Log in to Twitter

    · Forgot password?
    Don't have an account? Sign up »

    Sign up for Twitter

    Not on Twitter? Sign up, tune into the things you care about, and get updates as they happen.

    Sign up
    Have an account? Log in »

    Two-way (sending and receiving) short codes:

    Country Code For customers of
    United States 40404 (any)
    Canada 21212 (any)
    United Kingdom 86444 Vodafone, Orange, 3, O2
    Brazil 40404 Nextel, TIM
    Haiti 40404 Digicel, Voila
    Ireland 51210 Vodafone, O2
    India 53000 Bharti Airtel, Videocon, Reliance
    Indonesia 89887 AXIS, 3, Telkomsel, Indosat, XL Axiata
    Italy 4880804 Wind
    3424486444 Vodafone
    » See SMS short codes for other countries

    Confirmation

     

    Welcome home!

    This timeline is where you’ll spend most of your time, getting instant updates about what matters to you.

    Tweets not working for you?

    Hover over the profile pic and click the Following button to unfollow any account.

    Say a lot with a little

    When you see a Tweet you love, tap the heart — it lets the person who wrote it know you shared the love.

    Spread the word

    The fastest way to share someone else’s Tweet with your followers is with a Retweet. Tap the icon to send it instantly.

    Join the conversation

    Add your thoughts about any Tweet with a Reply. Find a topic you’re passionate about, and jump right in.

    Learn the latest

    Get instant insight into what people are talking about now.

    Get more of what you love

    Follow more accounts to get instant updates about topics you care about.

    Find what's happening

    See the latest conversations about any topic instantly.

    Never miss a Moment

    Catch up instantly on the best stories happening as they unfold.

    1. Hide Not Slide‏ @HideNotSlide 3 Aug 2020

      THREAD: I’m going to explain what a clearinghouse does and why it matters for exchanges, using only gifs from my favorite movie, the Big Short. Clearing changed your life “more than Michael Jordan, the iPod, and YouTube put together”. Let’s dive in 👇pic.twitter.com/k7nlJH52XY

      2 replies 1 retweet 7 likes
      Show this thread
    2. Hide Not Slide‏ @HideNotSlide 3 Aug 2020

      In 2005 Michael Burry discovers a bubble in the housing market. In the movie, Burry meets with Goldman Sachs to find a way to short the market, through credit default swaps on subprime mortgage backed securities.pic.twitter.com/Fv3zhrrZhj

      1 reply 0 retweets 0 likes
      Show this thread
    3. Hide Not Slide‏ @HideNotSlide 3 Aug 2020

      During the meeting Burry asks a key question: “I want to be certain of payment in case of solvency issues with your bank”, to which Goldman responds “um, excuse me?” This is called “default risk” – the risk that a counterparty can’t pay up in the event of unforeseen lossespic.twitter.com/IjH89uPbbw

      1 reply 0 retweets 0 likes
      Show this thread
    4. Hide Not Slide‏ @HideNotSlide 3 Aug 2020

      This is a serious risk in OTC markets, because there’s no one to guarantee payment if a trader blows up. Mark Baum (played by Steve Carrell) faces this problem later in the movie – the risk that Morgan Stanley can’t pay when the market crashes and his swaps balloon in value:pic.twitter.com/nGxmG6dUOl

      1 reply 0 retweets 0 likes
      Show this thread
    5. Hide Not Slide‏ @HideNotSlide 3 Aug 2020

      This is where a clearinghouse comes in. The clearinghouse puts systems in place (like position margin, trade reporting and guarantee funds) to eliminate default risk. If you send your trade through a clearinghouse, you’re effectively guaranteed payment when the trade goes thru.pic.twitter.com/IzE6lNFcdH

      1 reply 0 retweets 0 likes
      Show this thread
    6. Hide Not Slide‏ @HideNotSlide 3 Aug 2020

      Why does this matter? Clearinghouses help lower costs and improve trust in the system. These lower costs show up in the products we consume – companies can hedge the prices of commodities, interest rates and even stocks more efficiently with the help of clearinghouses.pic.twitter.com/xMEG0PgsrD

      1 reply 0 retweets 0 likes
      Show this thread
    7. Hide Not Slide‏ @HideNotSlide 3 Aug 2020

      Some real world clearinghouses in operation today: OCC – options DTCC – equities LCH – various CME Clearing - futures Eurex Clearing – various ICE Clear US & Europe – futures ICE Clear Credit – credit default swaps Give them a high five!pic.twitter.com/IrfrcdWgUX

      1 reply 2 retweets 2 likes
      Show this thread
      Hide Not Slide‏ @HideNotSlide 3 Aug 2020

      Thank you for reading – hopefully this thread taught you something. Be like Ben Rickert and mask up!pic.twitter.com/lYPf6nAXtl

      5:01 AM - 3 Aug 2020
      • 4 Likes
      • negative yield Andrew MacDonald Oh Come On!
      1 reply 0 retweets 4 likes

      Loading seems to be taking a while.

      Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.

        Promoted Tweet

        false

        • © 2021 Twitter
        • About
        • Help Center
        • Terms
        • Privacy policy
        • Cookies
        • Ads info