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<p>[QUOTE="EdThelorax, post: 3272908, member: 99854"]I agree with the exception of </p><p><br /></p><p>Sure they Could cash in fast, but most retail traders didn't. These are leveraged trades and they had to be sold quickly because of margin requirements. (they raised the requirement right at the top too) That forced selling caused the price to drop, creating even more margin calls. </p><p><br /></p><p>These price changes at the physical level were based 100% on the contract price mentioned above.</p><p>The cart leads the horse.[/QUOTE]</p><p><br /></p>
[QUOTE="EdThelorax, post: 3272908, member: 99854"]I agree with the exception of Sure they Could cash in fast, but most retail traders didn't. These are leveraged trades and they had to be sold quickly because of margin requirements. (they raised the requirement right at the top too) That forced selling caused the price to drop, creating even more margin calls. These price changes at the physical level were based 100% on the contract price mentioned above. The cart leads the horse.[/QUOTE]
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