Apoorv

Liverpool FC || Politically Incorrect || Floyd Fiction Food

[Apoorv @appehole]

Wth can't believe Irrfan Khan is no more. Shocked.
RIP 😢

[Apoorv @appehole]

We all should not stay blinded. Israel, which is run by Zionists, is a sheer threat to World Peace.
#NoToWar

[Keshav Bedi @keshavbedi]

At this point, Israel is an existential threat to world peace. The sooner we recognise this, the better.

[Keshav Bedi @keshavbedi]

Can we all Indians please have some fU¢king decency?

Don’t mock or take dig at fellow Indian Muslims mourning the death of their revered leader.

Every HUMAN should be appalled by this MAJOR ACT OF T€RROR THAT U.S. AND ISRAEL DID.

[Apoorv @appehole]

Why did I not know about @seedrcoil sooner?! It's like the best thing since sliced bread https://t.co/iXqC5rtyLc

[Keshav Bedi @keshavbedi]

What Does Sonam Wangchuk And Ladakhis Want?

[Apoorv @appehole]

Well I guess I'm a spiteful man 😉

[Project Liberal @ProjectLiberal]

We agree with Charlie Kirk on basically nothing.

Except that he deserves the right, as every human does, to speak freely without the threat of violence.

[Justin Wolfers @JustinWolfers]

August 7: Trump demands Intel fire its' CEO, Lip-Bu Tan

August 11: Trump meets with Lip-Bu Tan

August 22: Trump announces purchase of 10% of Intel, and that "I negotiated this Deal with Lip-Bu Tan, the Highly Respected Chief Executive Officer of the Company."

¯\_(ツ)_/¯

[Valentino @EuroValentino]

Just deleted LinkedIn

[Rock and Roll Garage @rocknrollgarag1]

As a tribute to Ozzy Osbourne, the band of the Coldstream guards performed "Paranoid" at changing of the guard today.

[Historic Vids @historyinmemes]

26-year-old Ozzy Osbourne in 1974. He passed away today at the age of 76 after helping raise $190 million for charity. It was the highest grossing charity concert ever, and I love that it was a metal show that did it.

[🎸 Rock History 🎸 @historyrock_]

On this day in 2011, Amy Winehouse left us

[BlackSabbath @BlackSabbath]

Ozzy Forever!

[Keshav Bedi @keshavbedi]

Why You’re LOSING Money In Futures & Options | On American Firm Jane Street CONNING Indian Markets

[Trung Phan @TrungTPhan]

The story of Jane Street getting banned from India’s stock market is a roller-coaster:

> the quant fund found a niche and incredibly lucrative strategy

> strategy made $4B+ profit in 2 years (when first pitched, Jane Street internally found the idea “counterintuitive, unexpected and initially met with significant skepticism and incredulity”)

> employees that discovered the trade were poached by competitor hedge fund Millenium 

> they took the trading strategy with them to Millenium and the fund starts eating into Jane Street’s profits on the trade

> Jane Street sues Millenium for stealing trade secrets

> during the court case, Jane Street went to great lengths not to reveal the trading strategy (the two parties ultimately settled in December)

> however, during the court hearing, Millenium’s lawyers kept on mentioning that the secret trading strategy involved India equity options 

> the Indian options market is huge (retail traders love them to make bets and the country is responsible for ~80% of global daily options turnover)

> India’s securities regulator (SEBI) read the court papers and looked into Jane Street’s trade (they were not happy and banned them for market manipulation)

> the accusation is that Jane Street was buying and selling positions (equity indices and options) in size to artificially inflate its holdings 

> SEBI has provided some specific trades to illustrate the point

> Matt Levine looked into the example trades and believes that Jane Street was doing a pure arbitrage play 

> India’s options markets are so much more liquid than underlying equity market, which creates price arbitrage opportunities

While Jane Street made a ton of money, it may also have made India’s equity and options markets more efficient and lowered overall costs for retail traders.

Jane Street is currently challenging the Indian stock market ban.

***

More from Matt Levine here: https://t.co/H6PXVF0zp1

[Fabrizio Romano @FabrizioRomano]

Liverpool striker Diogo Jota and his brother have both passed away due to traffic accident, reports Marca.

Deepest condolences, support, and thoughts are with those involved, his family and loved ones.

May his soul rest in peace. 🤍🕊️

[Fabrizio Romano @FabrizioRomano]

Liverpool flag hangs at half-mast at Anfield today in memory of Diogo Jota. ❤️