Buckle Up Buttercup (guest: Wesley Gray)
The Market Huddle
00:00
The Rise of the Box Spread
The box has very, very little collateral requirement because OCC doesn't impose collateral requirements on them. So it's basically equivalent haircut on like a, you know, like a repo effectively. "Our mission is to empower the world on education to bring this market to bear," he says. The symbol is B O X X. And we have obviously massive interest in that thing.
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