Ubs Ag Puns

*chuckles in crayon and lights up a doobie*

Sooooo DGZAF was designed and marketed by VelocityShares, a subsidiary of Janus Henderson Group PLC (based in London, Martin Scholes was involved for a bit) managed through VS Holdings out of Darien, CT.

It is one of eight similar leveraged products, including: TVIX - VelocityShares Daily 2x VIX Short-Term ETN, VIIX - VelocityShares Daily Long VIX Short-Term ETN, ZIV - VelocityShares Daily Inverse VIX Medium-Term ETN, UGLD - VelocityShares 3x Long Gold ETN, DGLD - VelocityShares 3x Inverse Gold ETN, USLV - VelocityShares 3x Long Silver ETN, DSLV - VelocityShares 3x Inverse Silver ETN.

https://www.velocityshares.com/etns/

Volatility and Precious Metals as well you say? Talk about common trends this year (is just the main ingredient crime, or is most of the ingredients?)

/s

A description of, and disclaimer for, the products straight from their prospectus:

**"**The ETNs are not intended to be “buy and hold” investments. Instead, the ETNs are intended to be daily trading tools for traders and similarly sophisticated investors to express short-term market views and manage daily trading risks. The ETNs are designed to achieve their stated investment objectives on a daily basis. The performance of the ETNs over different periods of time can differ significantly from their stated daily objectives. The ETNs are considerably riskier than securities that have intermediate or long-term investment

*objectives, and are not suitable for investors who plan to hold them for a period of more than one day. Investors should actively and frequently monitor their investments in the ETNs on a daily or intraday basis, and any decision to hold the ETNs for more than one day should be made with great care and only as the result of a series of daily (or more frequent) investment decisions to remain invested in the ETNs for the next one-day period. If you hold the ETNs for more than one day, it is possible that you will suffer significant losses in the ETNs even if the performance of the Index (as defined below) over the time you hold the ETNs is positive, in the case of the 3x Long Natural Gas ETNs, or negative, in the case of the 3x Inverse Natural Gas ETNs. Accordingly, the ETNs should be purchased only by sophisticated investors who understand t

TL;DR: UBS/UBS Group AG owns the largest dark pool in the US, which might explain why they are on the other side of the GME trade.

Hi y'all, following up on more UBS/Swiss Bank research that I've been following. To start you've probably seen Bloomberg posts like this before a la u/fastpath77 and others talking about dark pool routing:

https://preview.redd.it/c9vub8sr0aq71.png?width=1482&format=png&auto=webp&s=ef5599eee6f6f1251ac51df71b549c173e8f0d41

As well as Bloomberg terminal shots like this a la u/ravada and more:

Line 30.

So for those of you vaguely familiar with my past posting history, a lot has delved into rogue traders (Kweku Adoboli, Nick Leeson, Jerome Kerviel) and specifically UBS and their history of naked shorting.

Anywho, while looking up some research on UBS' dark pools found some nuggets that made some things click. Namely, I can understand why Citadel, Virtu might be listed on the other side (same as Stevie Cohen, Jeff Yass Queen and Suss, etc.) but why UBS (or rather UBS Group AG)?

Long story short: UBS owns the largest dark pool in US equities and has done so for some time.

https://preview.redd.it/q0mjdfj81aq71.png?width=300&format=png&auto=webp&s=f472adcaa46b41648436ffb3106bd12cf23cc789

Found that little nugget while ran across that UBS ATS (their dark pool) won Best Equities Trading Platform at the 2021 Markets Choice Awards. This past May 2021, Markets Media published an interview with Seth Slomiak, head of UBS's dark pool that said straight from the horse's mouth that “UBS ATS has been the leading [or #1] ATS by [executed] transaction volume since August 2015”, cheering the platform’s “quality liquidity”. In the same article, the interviewer asked the Sethmeister to comment on recent high trading volume & volatility, plus high retail activity since 2020, and he said based on internal data they found they constantly met record volumes, including the milestone on March 18th, 2020 when it “executed over…[1 billion] shares” (with some double counting thrown in).

https://preview.redd.it/n69hc0ia1aq71.png?width=660&format=png&auto=webp&s=dd3a01e2da9bc1d1f75fed65edd5655d4bc2ecda

And just a few weeks after that award, S&P Global’s Declan Harty reported dark pool trading hit all time highs of 44.93% on April 27th, and “...the 3rd

https://www.youtube.com/watch?v=VUvE_k4_LL4Live from the Vault, Andrew Maguire reveals a market-shifting development set to loosen the insiders’ grip on the silver price. The long-time wholesaler explains the market making banks’ supply and price control mechanism, and illustrates the strategy established to break it. The precious metals expert lays out his short-term, medium-term and long-term outlook for gold and silver, and eyes the insiders’ next move with full Basel III compliance just 17 weeks away.

• UBS Group AG è short GME (insieme a Citadel, Virtu, Susquehanna, G1, Jane Street). Come evidenziato da altri scrittori di DD, molti, se non tutti quei partiti, hanno messo (scommesse contro) HYG, che tiene traccia delle obbligazioni spazzatura aziendali. Quelle banche/SHF possono aspettarsi che HYG/obbligazioni spazzatura aziendali si rimpiccioliscano (facendo loro soldi tramite le loro opzioni put) una volta che il mercato crolla, e potrebbero utilizzare le put HYG in parte per proteggersi contro il mooning GME/crash del mercato (vedi u/Get -It-Got 's DD on HYG: [https://www.reddit.com/r/Superstonk/comments/ns7k6q/could_gamestops_liftoff_unravel_corporate_junk/] (https://www.reddit.com/r/Superstonk/comments/ns7k6q/could_gamestops_liftoff_unravel_corporate_junk/)).
• Per GME short UBS Group AG, in realtà hanno più put (scommesse contro) in termini di dollari totali investiti su put EEM rispetto a put HYG. EEM è un ETF che segue i mercati emergenti, principalmente con sede in Cina. Queste put potrebbero essere rappresentative di scommesse più grandi e che guadagneranno più soldi scommettendo su quanto duramente crolla la Cina tramite le put EEM rispetto alle obbligazioni spazzatura aziendali che falliscono tramite le put HYG.
• Molte altre banche sembrano avere azioni EEM, call (scommesse a favore) e put (scommesse contro) tra cui Bank of America, Morgan Stanley, Wells Fargo, Goldman Sachs.
• The Retirement Systems of Alabama, che è il proprietario dell'edificio 55 Water Street a New York, l'edificio che ospita il DTCC come parte del mercato azionario statunitense, che è destinato essenzialmente a contenere le azioni di tutti i titoli come GME sembra anche avere esposizione a EEM. Secondo il mio precedente DD, Retirement Systems of Alabama ha avuto una storia di non essere trasparente su come investono i loro soldi, o su come capiscono dove investirli (*** stagnola: RSA in qualche modo ha saputo di questa mossa EEM , ed è entrato a far parte di UBS e di altre banche short GME nella loro esposizione EEM*****).**

Negli ultimi mesi ho esaminato l'importanza di UBS/UBS Group AG per la saga del GME. Sebbene UBS non sia così noto come short GME insieme a nomi più comuni come Citadel, Virtu e Susquehanna, UBS è uno short GME che gestisce anche il più grande dark pool del paese e ha la parte del leone nel volume di dark pool del GME attraverso la sua dark pool (UBS-ATS). UBS ha anche una lunga storia d

This sheet was pointed out to me from what I found to be a credible source. Help me crack the involvement!

Data from https://sec.report/Document/0001752724-21-087103/

Borrowers are: Credit Suisse Securities (USA) LLC, Citadel Securities LLC, UBS Securities LLC, J.P. Morgan Securities Plc, UBS AG, Barclays Capital Inc., Morgan Stanley & Co. LLC, BofA Securities, Inc., Citigroup Global Markets Inc.

Link to the spreadsheet:

https://github.com/lunarnautics/GMO-Trust-2021-04-28

It appears like this is the same GMO:

https://m.youtube.com/watch?v=5FTlPrgBTUQ

Same address as in the sec document and Ben Inker works there!

https://www.gmo.com/americas/research-library/?author=6ea661dd-d145-4253-9121-8c1bfd686cb7

From a quick analysis, this sheet is basically disclosing this trusts positions in certain stocks, from markets all around the world. The conflict on interest that I BELIEVE is there, is that don't the banks control the exchange rate? So, if say a bet wasn't playing out quite like expected on a certain stock, couldn't you play with the exchange rate to make it a winning bet?

The five banks will have to pay fines in excess of 1.6 billion dollars. But surely with such serious charges, one would assume that there are also some people which were involved in the crime. Yet not one person has had any charges brought against them. Why is this? I had a friend growing up who got 8 months (which he sat) for tagging some doors in an alleyway ( supposedly the damage totaled more than 5 thousand dollars) , so obviously the US is a country that has no qualms about putting people in jail for a long time for pretty small offenses. So why it when individuals are involved in felonies which have far more impact on everyone's lives, does nobody even get taken to court for it?

From 01.01.2014 to 17th november 2015.

I could only find it in dollars, from the NYSE, but I would need it in CHF from the Swiss Exchange.

Thanks in advance!

Data from https://sec.report/Document/0001752724-21-087103/

Link to the spreadsheet:

https://github.com/lunarnautics/GMO-Trust-2021-04-28

It appears like this is the same GMO:

https://m.youtube.com/watch?v=5FTlPrgBTUQ

Same address as in the sec document and Ben Inker works there!

https://www.gmo.com/americas/research-library/?author=6ea661dd-d145-4253-9121-8c1bfd686cb7

From a quick analysis, this sheet is basically disclosing this trusts positions in certain stocks, from

markets all around the world. The conflict on interest that I BELIEVE is there, is that don't the banks

control the exchange rate? So, if say a bet wasn't playing out quite like expected on a certain stock,

couldn't you play with the exchange rate to make it a winning bet?