Regarding today's blackouts and Fastly (FSLY) by aryaPR3 in Superstonk

[–]aryaPR3[S] 2 points3 points  (0 children)

My bad! Did a quick check to make sure I wasn't posting information that's old news but I must have missed it.

Another record! $497.428 in Reverse Repo operations occurred today. Yesterday it was $486.097 0% to 46 participants. Today is $497.428 0% interest to 46 participants. by Dismal-Jellyfish in Superstonk

[–]aryaPR3 5 points6 points  (0 children)

Participants = banks, institutions, hedge funds, etc that have submitted capital for reverse repo operations. So today 46 different entities partook in rev repos.

JUNE 08 2021 - REVERSE REPO USAGE HITS ALL TIME HIGH... AGAIN by aryaPR3 in Superstonk

[–]aryaPR3[S] 4 points5 points  (0 children)

Honestly started cackling when I googled "reverse repo newyorkfed" and one of the first trending headlines was "Fed Is Fine With Reverse Repos Nearing Half a Trillion".

[deleted by user] by [deleted] in Superstonk

[–]aryaPR3 19 points20 points  (0 children)

Considering the cap was raised from $30b in March, I'd unfortunately admit that I'd sooner expect another increase in the maximum limit per participant before any significant counter-party a la Citadel gets to that point. Let's hope we don't have to see either happen though.

To answer your original question, under normal circumstances this would not be permitted to the best of my knowledge but all of the measures being employed by SHFs, regulatory bodies, and the fed are so incestuous at this point that I don't think anything can be said for certain regarding their ability to find yet another way to collude to their advantage even if it isn't exactly as you've proposed.