ISDA Phase 6 going live Sep 1!
It is 100% confirmed, no more delay. ISDA itself tweeted this out today. As to how this will affect us, this means more initial margin requirements enforced on international and US markets, especially with regards to swaps and derivatives in the billions. As for me? I'm just holding both AMC and APE and chilling, we are in the middle of a bear market now which means lots of sales on the cheap.
Remember this motto: buy when everyone is fearful and sell at the peak of a bull market.
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