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One interesting fact I couldn't figure out how to fit into this post - in 2006 (the year Amaranth blew up) $ICE was the best performing stock in the entire S&P 500, +200% that year alone.
The Amaranth saga was a big part of $ICE getting a seat at the global exchange table.https://twitter.com/HideNotSlide/status/1431224905031307266 …
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In a couple weeks we’ll celebrate the 15 year anniversary of Amaranth’s blow up in the natural gas markets.
This week’s free post recaps their incredible story & its impact on market structure to this day.
Thanks for reading!
https://frontmonth.substack.com/p/amaranthology
11:25 AM - 2 Sep 2021
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