Birdwatch Note Rating
2022-12-08 21:53:34 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 569E0B33BBDA4A70F22C676C6889C22B075A348A9C6D4C5982AF9F37A5A8815D
Participant Details
Original Note:
Banks trade a small fraction of the notional amount. Summing the notional value of the derivatives market is not the best way to evaluate its size. Additionally, the author provides no evidence to support the statement thank banks are “over-leveraged”. https://www.investopedia.com/ask/answers/052715/how-big-derivatives-market.asp https://www.investopedia.com/terms/n/notionalvalue.asp
All Note Details