A detailed review of the Cayman Islands Stock Exchange. ... Merrill Lynch, Deutsche Bank, Chase Manhattan, Salomon Smith Barney, UBS and Lehman Brothers ... cayman.getjamaica.com/cayman_islands_stock_exchange.htm - why do these market makers like ubs and j p morgan chase need to be offshore in the cayman islands stock exchange?
nite sells the naked short to ubss. ubs sells to a client who wants it,in a numbered account in the cayman's stock exchange. it is their proprietary market making system. since they are selling for a retail client at the end of the chain, they do not feel obligated to cover the naked short. it is really easy if you look on level2 you will see ubss working in and around nite. imho prove i am wrong. there are no married puts in the pink or otc market, no need to be that exotic. it is simple stealing,from the unsuspecting u.s. people. all done offshore to hide everything.
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