Loading ...Just knowledge that the general public doesn’t have, I guess. $2.1 Billion is a lot of money so it was a big player that knew the announcements were coming, and they knew it very quickly, at most 45 minutes, in one case 14 minutes before the announcement. Someone who was at the decision desk. Just placing those bets in the after-hours in less than 14 minutes is a task.
The fact that the CFTC hasn’t investigated a single incident since the 2012 law was enacted is quite telling.