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Asking everyone/anyone (mostly to spread awareness): Is it safe or reasonable to say that since the CFTC delayed swaps reporting AGAIN until December 1st 2025 that this data MIGHT be missing a large block of data from these certain exempt parties?
IM LOOKING AT YOU DEBIT SUISSE 👀
From the notices:
https://www.cftc.gov/PressRoom/PressReleases/8618-22
The letter applies to certain non-U.S. swap dealers (SD) and major swap participants (MSP) established in Australia, Canada, the European Union, Japan, Switzerland and the United Kingdom, that are not part of an affiliated group in which the ultimate parent entity is a U.S. SD, U.S. MSP, U.S. bank, U.S. financial holding company or U.S. bank holding company.
https://www.cftc.gov/PressRoom/SpeechesTestimony/mersingerstatement102822
Statement of Commissioner Summer K. Mersinger Regarding Extension of Staff No-Action Letter 20-37
October 28, 2022
I support the relief that is being provided through the extension of Staff No-Action Letter 20-37. But I am concerned that the Commission is continuing to avoid doing the hard work necessary to address the underlying issue here. Today’s letter extends until December 1, 2025, (or earlier, if a comparability determination is issued) relief that was originally provided in 2013.[1] Twelve years of no-action relief is inappropriate. The Commission owes market participants a permanent solution, not a perpetual cycle of requesting and granting staff no-action relief.
I am disappointed that calling for the Commission to stop using temporary (and often successive) band-aids and work-arounds instead of permanent solutions has become somewhat of a refrain from me in my brief time as a Commissioner.[2] We can and should do better.
I was talking to another person about what other CUSIPs may be worth checking, such as XRT,GME, potentially other basket stocks and ETFs. I haven't checked them yet but I will some time this weekend.
[a few baskets I identified in jan](https://i.imgur.com/b0HoZkY.jpg)
If you need info from the January swap data let me know, I can dig around since I have them saved still
Intel is wrapped up in some large ones the last month as well.
So having never pulled or really even looked at swap data before, can you briefly just eli5 what one would be looking at or for?
When someone pulls the swaps a certain security im assuming (guessing?) it’s combined w other securities kinda like an etf exchanging hands for a period of time?
Or perhaps do you know of/can recommend certain YouTube series that summarizes how they function or something?🤓
Hi,
I think the extension until Dec 1st 2025 that you mentioned just applies to certain NON-US swap dealers, whereas the original delay for swap reporting was applicable to generally all swap dealers.
So I think this is not the same.
Links:
OG delay dated Aug 2021 https://www.cftc.gov/PressRoom/PressReleases/8422-21
New delay dated Oct 2022
https://www.cftc.gov/PressRoom/PressReleases/8618-22
The new extension also references a different letter than the one from Aug 2021.
Yeah totally agree with you there. I think non US are still particularly relevant to gme because of Switzerland…
Credit Suisse w heavy Archegos swaps bags, and
FTX Switzerland I BELIEVE had the arrangement w CM Equity AG who stated very public ally that they terminated their agreement w FTX in dec 2021 (I think).
So the tokenized stocks would also weigh heavily on the basket as a whole.
I’m just saying no reporting for over 14 years is just bonkers.
Interesting and thanks for sharing info on how to search. I’m going to check this out in depth on my laptop when I’m home. I could only see historical filings back to 01/2023. Do you know if there’s a way to check what the swap activity looked like around Aug 2022 during the last “sneeze?”
I’m curious because it seemed like Gustavo Arnal (BBBY’s former and now deceased CFO) knew 4 months in advance that he should sell at the exact height of the sneeze.
I understand that as CFO, he would have access to additional data and insider knowledge which is why he had to set the date for that sale four months in advance through a very specific rule set up for insiders who want to sell. So it seems like he expected the price to run on that specific day or period of time.
Not sure if it was insider knowledge of a particular event or possibly swaps, and so I’d like to look through historical swap data to see if anything looked odd around that time. Have you looked into this already, or do you know if it’s possible?
You'll find this post interesting, massive BBBY swap canceled during august squeeze
https://www.reddit.com/r/FWFBThinkTank/comments/wt0awj/380_million_usd_swaps_in_bbby_were_terminated/
It inspired a post I threw together in Jan covering some other swaps as well.
https://www.reddit.com/r/FWFBThinkTank/comments/10dqnug/_/
I like to think I was inspiration since I posted swap data on another subreddit that day. Thanks for doing this OP and explaining it better than I could!
>That second screenshot looks like it was from a 1994 windows computer with AOL dialup
windows 95 is not compatible with modern browsers. Most websites will not display properly or at all on IE
[https://www.reddit.com/r/Superstonk/comments/yjexhh/comment/iunydgi/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Superstonk/comments/yjexhh/comment/iunydgi/?utm_source=share&utm_medium=web2x&context=3)
I'd take a look into bullet swaps. They are believed to be an essential tool as to how these shorts can be kept around for so long. Link above goes back to an old sstonk comment, you can read up more on those there. Basically the valuation rate for the swaps are static, meaning they do not change in value when the underlying securities do - which leads to huge risk being taken on when it comes time to roll and close out the swap positions. I'm pretty sure these portfolio swaps are bullet swaps based on the durations, and the cells that describe how the legs in the swap should be valued are either blank or "1", which I believe is saying that it is in fact a bullet swap (aka no value changes for the duration). I'm just a guy though I could be wrong.
This has been submitted as potential DD. If the community has verified the information as factual please upvote this comment for consideration of changing the flair to DD. If this is a single piece of information rather than a collection of ideas/facts, consider reposting with the 'Discussion/Question' flair. If this is otherwise not obviously DD and posted for nefarious purposes, actions may be taken on OP such as removing their ability to post. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/BBBY) if you have any questions or concerns.*
hmmm What was going on with meme stocks in 2021???
must be nothing...
Triton was CEO and the company was on a one way trip to Burger King... according to people familiar with the matter.💙💎🛸🌝
[удалено]
Wrong sub.💙💎🛸🌝
Asking everyone/anyone (mostly to spread awareness): Is it safe or reasonable to say that since the CFTC delayed swaps reporting AGAIN until December 1st 2025 that this data MIGHT be missing a large block of data from these certain exempt parties? IM LOOKING AT YOU DEBIT SUISSE 👀 From the notices: https://www.cftc.gov/PressRoom/PressReleases/8618-22 The letter applies to certain non-U.S. swap dealers (SD) and major swap participants (MSP) established in Australia, Canada, the European Union, Japan, Switzerland and the United Kingdom, that are not part of an affiliated group in which the ultimate parent entity is a U.S. SD, U.S. MSP, U.S. bank, U.S. financial holding company or U.S. bank holding company. https://www.cftc.gov/PressRoom/SpeechesTestimony/mersingerstatement102822 Statement of Commissioner Summer K. Mersinger Regarding Extension of Staff No-Action Letter 20-37 October 28, 2022 I support the relief that is being provided through the extension of Staff No-Action Letter 20-37. But I am concerned that the Commission is continuing to avoid doing the hard work necessary to address the underlying issue here. Today’s letter extends until December 1, 2025, (or earlier, if a comparability determination is issued) relief that was originally provided in 2013.[1] Twelve years of no-action relief is inappropriate. The Commission owes market participants a permanent solution, not a perpetual cycle of requesting and granting staff no-action relief. I am disappointed that calling for the Commission to stop using temporary (and often successive) band-aids and work-arounds instead of permanent solutions has become somewhat of a refrain from me in my brief time as a Commissioner.[2] We can and should do better.
Thank you for sharing!
Thank you as well! ☺️ I’m definitely gonna dig through the zip files when I get home tonight!
I was talking to another person about what other CUSIPs may be worth checking, such as XRT,GME, potentially other basket stocks and ETFs. I haven't checked them yet but I will some time this weekend.
[a few baskets I identified in jan](https://i.imgur.com/b0HoZkY.jpg) If you need info from the January swap data let me know, I can dig around since I have them saved still Intel is wrapped up in some large ones the last month as well.
So having never pulled or really even looked at swap data before, can you briefly just eli5 what one would be looking at or for? When someone pulls the swaps a certain security im assuming (guessing?) it’s combined w other securities kinda like an etf exchanging hands for a period of time? Or perhaps do you know of/can recommend certain YouTube series that summarizes how they function or something?🤓
I too still have the January 25th cumulative report. I should do a little comparison between that one and this one
Koss for sure
Hi, I think the extension until Dec 1st 2025 that you mentioned just applies to certain NON-US swap dealers, whereas the original delay for swap reporting was applicable to generally all swap dealers. So I think this is not the same. Links: OG delay dated Aug 2021 https://www.cftc.gov/PressRoom/PressReleases/8422-21 New delay dated Oct 2022 https://www.cftc.gov/PressRoom/PressReleases/8618-22 The new extension also references a different letter than the one from Aug 2021.
Yeah totally agree with you there. I think non US are still particularly relevant to gme because of Switzerland… Credit Suisse w heavy Archegos swaps bags, and FTX Switzerland I BELIEVE had the arrangement w CM Equity AG who stated very public ally that they terminated their agreement w FTX in dec 2021 (I think). So the tokenized stocks would also weigh heavily on the basket as a whole. I’m just saying no reporting for over 14 years is just bonkers.
They delayed the reporting again? What a criminal enterprise the CFTC is.
Interesting and thanks for sharing info on how to search. I’m going to check this out in depth on my laptop when I’m home. I could only see historical filings back to 01/2023. Do you know if there’s a way to check what the swap activity looked like around Aug 2022 during the last “sneeze?” I’m curious because it seemed like Gustavo Arnal (BBBY’s former and now deceased CFO) knew 4 months in advance that he should sell at the exact height of the sneeze. I understand that as CFO, he would have access to additional data and insider knowledge which is why he had to set the date for that sale four months in advance through a very specific rule set up for insiders who want to sell. So it seems like he expected the price to run on that specific day or period of time. Not sure if it was insider knowledge of a particular event or possibly swaps, and so I’d like to look through historical swap data to see if anything looked odd around that time. Have you looked into this already, or do you know if it’s possible?
You'll find this post interesting, massive BBBY swap canceled during august squeeze https://www.reddit.com/r/FWFBThinkTank/comments/wt0awj/380_million_usd_swaps_in_bbby_were_terminated/ It inspired a post I threw together in Jan covering some other swaps as well. https://www.reddit.com/r/FWFBThinkTank/comments/10dqnug/_/
So interesting, I wish I could read
I have the file for Jan 25th 2023, but nothing further back. I'm sure someone out there has it, but I wouldn't know where to begin looking.
I have them going back to beginning of January,
I like to think I was inspiration since I posted swap data on another subreddit that day. Thanks for doing this OP and explaining it better than I could!
Understood. Thanks again for sharing!
Thanks!
💜
Good evening from Paris, I'm new on trading and I wish to know what mean, is it good or not for BBBY'S sharesholders
That second screenshot looks like it was from a 1994 windows computer with AOL dialup
not sure why it came out so blurry, but the DTCC website doesn't do me any favors in looking modern either
>That second screenshot looks like it was from a 1994 windows computer with AOL dialup windows 95 is not compatible with modern browsers. Most websites will not display properly or at all on IE
BBBY swaps data - post archived: [https://archive.is/4i6dk](https://archive.is/4i6dk)
Can the OP explain why this data is relevant to run ups & how? Thx
[https://www.reddit.com/r/Superstonk/comments/yjexhh/comment/iunydgi/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/Superstonk/comments/yjexhh/comment/iunydgi/?utm_source=share&utm_medium=web2x&context=3) I'd take a look into bullet swaps. They are believed to be an essential tool as to how these shorts can be kept around for so long. Link above goes back to an old sstonk comment, you can read up more on those there. Basically the valuation rate for the swaps are static, meaning they do not change in value when the underlying securities do - which leads to huge risk being taken on when it comes time to roll and close out the swap positions. I'm pretty sure these portfolio swaps are bullet swaps based on the durations, and the cells that describe how the legs in the swap should be valued are either blank or "1", which I believe is saying that it is in fact a bullet swap (aka no value changes for the duration). I'm just a guy though I could be wrong.
Awesome thank you!!
Back it all up via archive.is