Replies to post #51414 on SPDR S&P 500 (SPY)

[learningboutinv]

Crap... Sure is volatile today. Didn't take the signal to go long. QLD just hit 87.25 2mins after I posted.

I was reading up on Derivatives a couple months ago and JPM and Citi scares the heck out of me. If I remember correctly, JPM has 1.2 trillion in assets but 95 trillion in derivatives outstanding. Citi is slightly bigger and has 32 trillion in derivatives.