6 ms·
0% NET accretive profit - the OP was saying that the invest/return wash doesn't affect prior profitability, just revenue. Obviously, the new profitability inclu
by abakker 9mo ago
0% NET accretive profit - the OP was saying that the invest/return wash doesn't affect prior profitability, just revenue. Obviously, the new profitability inclusive of the new revenue will actually by lower because of the zero margin wash trade.