Does this mean that Archegos and all its counterparties were not permitted to tr... | Hacker News

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		anonymoushn on July 6, 2021 \| parent \| context \| favorite \| on: Fake Tesla, Apple stocks have started trading on b... Does this mean that Archegos and all its counterparties were not permitted to trade CFDs?

ruggeri on July 7, 2021 | [–]

I believe Archegos bought total return swaps. Those are different from CFDs, but I'm not sure how different they are. I'm not sure why one would be illegal (like CFDs are) and one would be legal (like total return swaps).

rawtxapp on July 7, 2021 | [–]

It's not illegal for hedge funds.

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