m*********g
发帖数: 646 | |
s******e
发帖数: 1751 | 2 you don't know what the article is talking about, do you?
【在 m*********g 的大作中提到】
: who made the 440 mil from Knight's mistake:
: http://www.cnbc.com/id/48489000?__source=yahoo|headline|quote|t
|
m*********g
发帖数: 646 | 3 I perfectly know that Knight was given 3 days to collect 440 mil to dump its
unwanted pos, or else, it would be in much bigger trouble.
Anything I missed?
【在 s******e 的大作中提到】
: you don't know what the article is talking about, do you?
|
s******e
发帖数: 1751 | 4 so what's GS' pnl on this block trade? 3% of 440 mln (which is a common
price on block trade these days)?
its
【在 m*********g 的大作中提到】
: I perfectly know that Knight was given 3 days to collect 440 mil to dump its
: unwanted pos, or else, it would be in much bigger trouble.
: Anything I missed?
|
m*********g
发帖数: 646 | 5 I don't understand your question? What do you think is happening pls?
【在 s******e 的大作中提到】
: so what's GS' pnl on this block trade? 3% of 440 mln (which is a common
: price on block trade these days)?
:
: its
|
s******e
发帖数: 1751 | 6 GS did a block trade to get rid of the risk for knight. as a service, they
got paid for a few percent.
btw, block is trading at 2 times var these days. trading cost is usually 1-1
.5 times var. so total trade pnl is a small number. |
y***u
发帖数: 37 | |
