IB offer portfolio margin which is 15% or six times but it is less if you are just trading one stock. IB have $9 billion of capital and survived their customers buying oil at zero when it went to negative $39 and the Swiss lifting the limit on their currency.
Nomura down 10% as they take $2b loss liquidating a fund.
All the prime brokers are liquidating the fund. Goldman front run the others on Friday after agreeing not to.
Morgan Stanley shopping another 45 million VIAC Sunday night. Archegos have managed to lever $15b aum five times as they have registered as a family office not as a hedge fund and do not have to disclose positions.
VIAC should bid $10 a share. They sold stock at $85 last week!
see zerohedge...
Scottish mortgage investment trust, a FTSE 100 constituent, was long Tesla.
https://www.bailliegifford.com/en/uk/individual-investors/funds/scottish-mortgage-investment-trust/
up 780% over 10 years.
Depends where you live and if you have access to USD. In Africa they send bitcoin to Detroit to buy a car because the central bank are holding onto their dollars and euros. Profit margin on an imported car is greater than 100%.