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The person that ends up short the contract you are long at expiration will need to pay his clearing house $150 from his account {nm}
Posted by: TheSureThing on Mar 10, 19:12 in response to jnafarrate's post right i get that. what i am saying is... (using purely...
curious about cantor when it goes live: after the 4 weeks, will it still cash out? and where does that money come from? {nm} jnafarrate Mar 10, 12:34
Not sure what you mean, but you can email customerservice@cantorexchange.com with any questions. {nm} Antibody Mar 10, 12:56
will do, but i hope you dont mind me discussing it here for all us future players gaining some knowledge. {nm} jnafarrate Mar 10, 13:14
still cashes out. people deposit money.. its not longer fantasy land. {nm} newhere Mar 10, 13:02
right i get that. what i am saying is... (using purely hypothetical numbers) say i buy shares/contracts of airbender @ $100/per before jnafarrate Mar 10, 13:19
on one level, it comes from the traders who held the opposite position {nm} mickpix Mar 10, 13:49
ok. so that accounts for some money. but the majority of players on hsx grow their port. some are dumb, but not dumb enough to bleed out jnafarrate Mar 10, 13:51
HSX is not a zero sum game - the system adds money to the game. warcraft86 Mar 10, 17:41
of does cantor work like calls & puts in the real life stock market? where youre buying the contract at a strike price and you have to jnafarrate Mar 10, 13:57
did you see the thread on the players board? some players answered similar questions i had > islander Mar 10, 14:50
thanks. that kinda answered a bit of the question, but still left a giant gaping hole in where the money comes from... jnafarrate Mar 10, 15:35
who cares. as long as i get paid value, they could steal it from little old ladies pensions as far as i'm concerned {nm} mickpix Mar 10, 15:46
as usual, youre always so helpful mpix. {nm} jnafarrate Mar 10, 15:56
Actually all of the.... Somerset Mar 10, 17:33
The only extra $100 is see is because you used different purchase prices in your examples. warcraft86 Mar 10, 17:34
The person that ends up short the contract you are long at expiration will need to pay his clearing house $150 from his account TheSureThing Mar 10, 19:12
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