Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
closing prices can be done relatively fairly.  But still can be manipulated up or down slightly as players absorb a loss on the exchange if they are levered 5X on some off exchange derivative.  that's what so offends Chris Cook.

but then, no one is forced to do derivatives that price off of the close.  

by HiD on Thu Sep 7th, 2006 at 06:11:37 PM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series