Friday the 18th, quad witching hour of $3.5 trillion in derivatives set to expire. Or explode.
That's about the entire size of the Federal government's total annual budget. What could go wrong?
3.5 Trillion Reasons To Brace For Tomorrow's Massive Quad-Witching Expiration
BY TYLER DURDEN
THURSDAY, MAR 17, 2022 - 09:25 PM
As Goldman's head of FX sales Tony Pasquariello wrote last Friday, "next week is a huge one, featuring the FOMC on Wednesday and a major derivatives expiry on Friday." And indeed, now that the Fed's rate hike is officially a fact …
Keep reading with a 7-day free trial
Subscribe to Global Community Weekly (GloCom) to keep reading this post and get 7 days of free access to the full post archives.