(Futures markets normally have a mix of speculators, folks performing financial alchemy, and folks who are exposed directly to the underlying and want to hedge. If they had done this to e.g. corn futures that would be an emergency for thousands of producers and consumers of corn)
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Yes, except only with 1:1 backing every moment of the day—ie, no
#rehypothecation
End of conversation
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Will be the opposite for bitcoin, less naked short selling... Cash settled futures are rubbish anyway.
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