首页> 外文期刊>The economist >The real revolution on Wall Street
【24h】

The real revolution on Wall Street

机译:华尔街的真正革命

获取原文
获取原文并翻译 | 示例
           

摘要

EVENTS ON Wall Street have become so strange that Netflix is said to be planning a show to immortalise them. But what should be the plot? One story is of an anti-establishment movement causing chaos in high finance, just as it has in politics. Another is how volatile shares, strutting online traders and cash-crunches at brokerage firms signal that a toppy market is poised to crash. Both gloss over what is really going on. Information technology is being used to make trading free, shift information flows and catalyse new business models, transforming how markets work (see Finance section). And, despite the clamour of recent weeks, this promises to bring big long-term benefits. Don't expect screenwriters to dwell on that, obviously. Their focus will be the 8m followers of WallStreetBets, an investment forum on Reddit, who have invented a new financial adventurism: call it swarm trading. Together, they bid up the prices of some obscure firms in late January. This triggered vast losses at hedge funds that had bet on share prices falling (see Button-wood). And it led to a cash squeeze at online brokers which must post collateral if volatility rises. Since January 28th the most prominent, Robinhood, has raised $3.4bn to shore itself up.
机译:华尔街的活动已经变得如此奇怪,据说Netflix计划一个展示来永久化它们。但是什么应该是情节?一个故事是反建立运动,导致高金融的混乱,就像它在政治上一样。另一个是在经纪公司履行持续市场崩溃的经纪公司的持久股票,抵抗在线交易者和现金仰卧起坐的股票。两个都光泽在真正发生的事情上。信息技术正在用于使贸易,移位信息流动并催化新的商业模式,转换市场的工作方式(见财务部分)。尽管最近几周的喧嚣,但这承诺带来了大的长期效益。显然,不要指望编剧留下这一点。他们的重点是Wallstreetbets的8M粉丝,Reddit的投资论坛发明了一个新的财务冒险主义:称之为群交易。他们在一起,他们在1月下旬升起了一些模糊公司的价格。这引发了对冲基金的巨大损失,这些资金投注股价下跌(见纽扣木材)。它导致在线经纪人的现金挤压,如果波动率上升,必须在抵押品上发布抵押品。自1月28日起最突出的罗宾情绪,已经筹集了3.4亿美元来岸上岸上。

著录项

  • 来源
    《The economist》 |2021年第9231期|共1页
  • 作者

  • 作者单位
  • 收录信息
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号