"For example, I heard of a real case this morning of an investor who bought $1 million worth shares through Opes, of which $250,000 was borrowed. The entire $1 million has now been lost and the investor becomes an unsecured creditor of Opes Prime.
So that person will lose $750,000 in assets simply through the mistake of using Opes Prime as broker and lender for a third of that amount. That story will be repeated many times over."
Scary stuff.
Gonna have to start reading the small print.
"For example, I heard of a real case this morning of an investor...
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Last
$64.49 |
Change
-0.490(0.75%) |
Mkt cap ! $12.46B | |||
| Open | High | Low | Value | Volume |
| $64.98 | $65.50 | $64.22 | $10.70M | 164.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 219 | $64.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $64.52 | 106 | 5 |
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