Correlation between stocks and tokenized stocks (2021) (lemmy.whynotdrs.org)

submitted 9 months ago by [email protected] to c/[email protected]

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Please see the attached image.

"Only two out of twenty tokens have correlations beneath this threshold, namely McDonald's Corporation and Gamestop Corporation with respective correlation coefficients of 0,79 and 0,93."

Buyse, J. (2021). Impact assessment of digital assets on securities markets [Universiteit Gent]. https://libstore.ugent.be/fulltxt/RUG01/003/010/051/RUG01-003010051_2021_0001_AC.pdf

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[-] [email protected] -3 points 9 months ago* (last edited 9 months ago)

When I buy a stock on Charles Schwab, then the price should be the same as when you buy the same stock on Fidelity. If you get a different price from me, higher or lower, then the price of the stock is wrong.

Tell me you dont understand how a market works without telling me you dont understand how a market works.

[-] [email protected] 3 points 9 months ago* (last edited 9 months ago)

National best bid and offer

National Best Bid and Offer (NBBO) is a regulation by the United States Securities and Exchange Commission that requires brokers to execute customer trades at the best available (lowest) ask price when buying securities, and the best available (highest) bid price when selling securities, as governed by Regulation NMS.

this post was submitted on 05 Dec 2023

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