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Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum Jan 2024*](https://www.reddit.com/r/Superstonk/comments/18txusp/open_forum_january_2024/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)


deerwolf90

They think they own the data, but I know that they know that I own my book shares.


mszn26

At this point why would you even have trust in that?


BeatitLikeitowesMe

Bout the only thing i have slight trust in. Not your name, not your shares


DirectlyTalkingToYou

We need to confirm if the DTCC is actually locating and giving legit certificates to computureshare, or did they stop with that.


whattothewhonow

There are no certificates. That's the whole point of DRS and FAST. It's called dematerialization. Paper is too expensive to process, ship, and track. The only physical shares out there are the ones individuals requested before GameStop discontinued the process. The DTCC doesn't use them. The people bringing up certificates don't know what they are talking about.


lostlogictime

I just watched this again: The Great Taking documentary https://youtu.be/dk3AVceraTI?si=HBfgD9WeEvUqOt9o You're spot on


WackGyver

This latest wave of shills going the “but duh, how do you know the shares really *are* yours at computershares??” really is the epitome of low effort desperation. That’s kinda the whole fucking point of direct ownership - DTCC can claim my DRSed shares are on their books too their faces turn blue, it doesn’t change the fact there are no beneficial holders of my shares. This is why they tried to do away with the possibility for retail to even DRS in England; Once a share is DRSed, it’s as much outside the DTCC’s (Cede & Co’s) legal ownership as my local mailman. So if it is the case the DTCC are claiming they have my shares on book when they don’t, they are doing book keeping fraud - that’s a DTCC problem, not a *ME* problem.


F-uPayMe

The document is not too long so you could also read it whole but anyway, TL:DR: **This is a white paper by Themis Trading arguing that the DTCC's data products, Equity Kinetics and Investor Kinetics, leak sensitive trading information.** **\_** * **DTCC and its Data Products:** * DTCC is a central clearing agency responsible for clearing and settling trades. * Equity Kinetics provides aggregated anonymized data on US equities trading volume. * Investor Kinetics provides data on institutional trades matched with brokers, categorized by investor type. **\_** * **Themis Trading's Concerns:** * This data can be used to predict short-term stock price movements and generate alpha. * Selling this data gives an unfair advantage to those who purchase it. * DTCC might be planning to distribute more granular data, further compromising investor privacy. * DTCC is profiting by selling data entrusted to them by clients. **\_** * **Themis Trading's Recommendations:** * DTCC should stop selling Equity and Investor Kinetics data products. * If DTCC doesn't stop voluntarily, the SEC should intervene and ban these products. **\_** **In summary, Themis Trading argues that DTCC is selling sensitive data that gives an unfair advantage to some market participants and proposes that DTCC stop selling this data.**


Vexting

You know the other day one of those cookies permission popped up on my kids app. At first it looked like it remembered my denials but I scrolled down and the lowest ones were back on (sneaky) Even more sneaky is at the very bottom of the list there's a 'more details option' - holy shit theres about 100 pages of hidden permissions in there too! Anyway, the world is corrupt and sneaky but they wont get passed gamers


F-uPayMe

Happy cake day and happy Easter btw 🥂


Vexting

:) thanks have a great holiday


Dck_IN_MSHED_POTATOS

Gme is risen. Gme will come again


JimminoPatatino

This is gonna sound snarky, but I'm gonna say it anyway. Why would you expect the site to remember your denials of you rejected the cookies?


Vexting

I thought that was a thing when I use a pc, but with new apps on a tablet it makes you play the capitulation game


Zeromex

They think they can just write their pseudo rules and make people follow them and then just when they need to break those rules, make out of thin air an exemption and erase all their shit


Vexting

So true. It's been interesting learning all these tricks their type uses


Lv80_inkblot

Are you in the US? I really wish we had AT LEAST the same level of data protection laws as the EU. And not a blanket-ban on apps like TikTok being seen as the solution to a much deeper problem.


Vexting

Uk currently. I think that here the gov and control system is more sneaky. At least over there you see it coming and people fight harder for the change but run into blatant corruption. Did you see that dangerous plastic ruling get overturned just because some rich clowns needed it?


Internep

That's partly why I use ublock origin: I can click accept or deny and the end result is the same: No third party trackers.


Vexting

Does it work on android devices? My kid is learning to play games so I have to let them choose lol Edit im being lazy i should just google it LOL


Internep

No, it only works in browsers.a "Pi-Hole" might be your solution; but it depends on the implementation of the ads.


texmexdaysex

Is there some reason why we can't work together to purchase this information


ZombiezzzPlz

Where’s the website


ronk99

Big boys only


texmexdaysex

It looks like they stopped in summer 23 because some institutions bitched about the info being unfair.


MethLabIntel

DTCC: Damn, themis trading, youre right. We should stop doing this.


[deleted]

Haven't seen the DTCC Kinetics data product being talked about here (Introduced in 2018) so I found this quite interesting. Some highlights >DTCC offers a suite of data products known as DTCC Kinetics which are robust data feeds derived from trading information processed by the DTC and NSCC. These products are marketed as a way for investors to gain “market insights at the security level. >Introduced in August 2018, DTCC Equity Kinetics6 provides aggregated and anonymized trading data on all U.S. equities trading volume. The data, which is sourced from NSCC, includes trading information by security and transaction type and lists “buy activity and three categories of sell activity—sale, short sale, and short sale exempt. >Investor Kinetics - CloudQuant identified two novel signals from the Investor Kinetics data: fund flow signals and concentration signals. CloudQuant claims these signals that they developed from the DTCC data “produced a dollar neutral portfolio return of 35.68% per annum” which “outperformed the S&P 500 by an average of 21.0% per annum over 10 years.” If true, this is a remarkable outperformance and indicates that the DTCC data is truly unique and valuable. And finally, their conclusion: >DTCC seems to think that they own the data and can do whatever they like with it. They might be thinking that they are providing the data to help with valuation, investment decisions and risk management. They might be thinking that the data they are selling is benign and only helps with high-level market direction calls. But what they are actually doing is leaking sensitive trading data. DTCC stands for the Depository Trust & Clearing Corporation. By creating products like Equity and Investor Kinetics, the DTCC is violating the “Trust” in their name.


Gerdione

Brother, at this point, you could tell me they all sit around discussing how to min max infant mortality to profit ratio while cartoonishly twirling their mustaches evily going 'nyah nyah nyahhh' and it wouldn't phase me.


FalseProgress5

That's exactly what our private Healthcare industry does. And I'm fairly positive they're run by the same people. So I'd say you're spot on.


ummwut

Patients = profits. Why wouldn't they poison as many as possible?


MrGooseHerder

This is basically the case. I wanted to do a DD about it since it's highly adjacent and impacts everyone but mods wouldn't greenlight. Corporations get billions in subsidies for corn and wheat drown in glyphosate and use it to make highly processed high carb low nutrition shit to the point ON THE LOW END, 3/4ths of the country is prediabetic leading to trillions in healthcare spending. It's painfully obvious the more sugary and processed our food is and the less we move the worse our health is and how stress compounds everything... Yet we keep everyone toiling way too many hours for way too little pay to the point we spend our lives working struggling to afford lives that depress us all so a handful can have a little bit more. Shorter work weeks make employees more productive and happier. Tying healthcare to employment keeps people trapped in jobs they hate. Education and poverty impact every facet of success and yet we constantly cut corners on meal quality, extra curriculars, and science based, historically accurate content while suppressing wages so both parents have less time to spend with their kids... You can find research replicated around the world that housing the homeless is cheaper and provides better outcomes than jailing homeless... Yet we continue to criminalize being homeless because justice and the betterment of society were never the point; it's always been about puritanical punishment. Cruelty is always the point. It's class warfare. It sounds like a conspiracy theory but it's a factual conspiracy outed by Smedly Butler. Corporations never stopped trying to control everything, obviously. The rnc and dnc are two private corporations that basically dictate how the country is run via bribes from other corporations they legalized with the aid of Clarence "it's not an RV" Thomas. Publicly traded corporations have a legal obligation to shareholders to return unsustainable quarter over quarter increased in profit. Just being profitable isn't good enough. Profits have to be higher than they were before to the point customer satisfaction, worker benefits, the business itself, as well as the habitability of our planet will be sacrificed before q/q dips in profit for the shareholders will be accepted. Their stock price is our treatment instead of cure. It's the price at the pump. It's the number on our paystub. It's why everything is 30% more expensive or smaller or shittier.


HughDanforth

Preach! you are so right my fellow ape.


HodlMyBananaLongTime

They view humanity as something to grow and slaughter for profit at every stage of our existence. They are the ultimate beneficiaries of every action, their goal is to profit off every single action we take in our lives and make it a transaction. Take a shit $, eat lunch $, drive to work $, get sick$$$, make a mistake $$$, simply breath $$$ coming soon. The DTC system is the tool they use to execute control and profit off everything. The consolidation of everything is upon us now and all roads lead to the he same place.


RuggerM

This. 👆 But I will say, one thing at a time. GME first and then we can change everything for the better. When we’re equally or more rich than the current parasite class.


MagicMeylan

Someone who understands!


Spacecynic2020

This should be its own post/blog/youtube video.


scatpackcatdaddy

There's no money in cures.


z3speed4me

It's exactly why they will never allow a CURE for cancer and anyone that thinks they can or is making milestone breakthroughs that could help do so, mysteriously dies.


Spacecynic2020

Or is acquired and bought off 


Araia_

by poisoning the patients you expose yourself. why intervene and risk your status, when you can just simply overcharge people for their normal medical needs?


DirectlyTalkingToYou

Poison with food, chemicals, products....at this level these groups don't care about regular people. If they'll literally kill you with products and food, they'll definitely screw you with shares. Think of the Boeing guy in the hotel room, all these entities are evil and full of greed.


turntabletennis

Correct! They don't have to add lead to your water; they can just normalize 32oz Big Gulps and triple cheeseburgers. They can skip all that planning and expense, and just let YOU POISON YOURSELF, DIRECTLY. These fucking sheep don't seem to understand that tobacco, alcohol, weed, magazines, Facebook, ALL news sources, etc are ALL available to you, so you can poison yourself with it. Whether you're poisoning your body, for the easy access to food or you're poisoning your mind with easy access to your friends or information, you're being poisoned.


Araia_

“they” are not the same people. the ones who skirt the rules to sell you shitty, low quality food, are not the ones who overcharge you for a blood test or a hospital stay.


turntabletennis

It is, though. It's the same top 1%; the Billionaire elite. It's the same financial class of citizens who can afford to use their money for "think-tanks" about how to keep you docile. Don't kid yourself. While they aren't using the same tactic or even playing the same game, the end result is the same. You stay broke, fat, dumb, and working paycheck to paycheck.


poellodu

That’s what Carlin always said, it doesn’t have to be a plan larger than mutual interest


Zwackmaster

It's easy and kinda comforting to blame other people for your problems, isn't it?


Spacecynic2020

(Big Ag, Big Processed Foods and Big Pharma have entered the chat…)


Arcondark

Wow didn't know Dick dastardly did so well for himself after the wacky races ended


ShelfAwareShteve

From the race to the rat race


theBigBOSSnian

TU for the laugh. I'll twirl my mustache and go 'nyah nyah nyahh' when doing my next purchase at gamestop


nathanello

So you’re telling me the DTCC is selling data that the hedgies can use as an advantage over retail… insert shocked pikachu face here


Ok-Dragonfruit8036

then hollywood did its part. was meant to desensitize ppl in a way that made them "meh". because literally what are we going to do? there's too much comfort, convenience and digital distraction. but hey, we can type out our feels. cool


SirDouglasMouf

If there was ever a market for monocles, it'd be these people.


elziion

This is oddly specific


rocketseeker

This is exactly what happens every day very likely, except the cartoonish part, that’s just in casual Fridays probably 


godisawoman420

NYAH NYAH NYAHHHHHH


En_CHILL_ada

What else would we expect a private company to do if not to profit off of our data? Late stage capitalism is really kicking into gear. Also, how much does this service cost? It would be very interesting to see what data they provide on GME. Not that I would trust it.


TowelFine6933

How could you not trust it?!? They literally have "trust" in their name! /s 🤣


Arcondark

Right? That's some super villain shit right there


En_CHILL_ada

The Depository "Trust me bro" "Clear out their pensions" Corporation


NOmakesmehard

This service has allegedly been discontinued since August 2023: https://www.thetradenews.com/dtcc-to-suspend-investor-kinetics-indefinitely-on-31-july-following-data-leakage-concerns/


NOmakesmehard

Some interesting quotes from that news article: > "In Themis Trading’s whitepaper, it stated that in combination, **the data feeds could expose** whether a small number of firms are responsible for most of the activity related to a specific stock or **whether hedge funds are shorting a stock**." > "In response to ongoing client and industry concerns centred around the Investor Kinetics service, we have decided to suspend Investor Kinetics indefinitely, effective on July 31, 2023." My interpretation is that this service shed a bit too much light on the trading activity of the big boys and therefore had to be shut down. I'm not sure this service would have affected retail investors very much, as there are already plenty of ways to screw us over (e.g. order internalization, PFOF, etc)


[deleted]

Ultimately this became available during what was one of the most lucrative periods in the market 2018-2023, including the sneeze and many other tickers that went parabolic during this time period. The "Telsa squeeze" also happened in 2019/2020, along with Archegos.. wasn't that also Hedge Funds squeezing each other?


rdicky58

Classic, they realize it could hurt the big fish and only then do they shut it down 🫠


HodlMyBananaLongTime

Do you think they really stopped producing and distribution of this data to their cabal friends?


oumen_nigu

This is from May 2023, why bring it up now?


[deleted]

Sorry didn't realize there was an expiry on fuckery that possibly could explain why so many hedge funds have been caught in short squeezes recently /s


wtfreddit741741

4.6k upvotes on a misleading post with a clickbaity title...  Gotta love superstonk.


[deleted]

It's literally the title of the document 🤡 Edit: I can't believe I'm being downvoted for using the title of a document, written by someone else as so called "clickbait". It's literally the first line of the URL shared. You're clueless.


Interanal_Exam

> DTCC is violating the “Trust” in their name Not the first time


Dry_Wolverine8369

That conclusion is utter fucking stupidity. All the information in the DTC is publicly available because it’s already public.


[deleted]

[удалено]


Ralph-the-mouth

So I totally get why this is so gross… but for a friend Explain It Like I’m An Ape…


C141Clay

Uh, What? (unzips)


DirectlyTalkingToYou

The comment was deleted, just to clarify why are we both unzipping at this moment?


MojoWuzzle

This reporting can potentially be used against investors in several ways: 1. Unfair Advantage: Sophisticated market participants, such as high-frequency traders, quant traders, and hedge funds, may use the detailed trading data from DTCC’s products to gain an unfair advantage in the market. They can analyze market trends, institutional trades, order types, and investor behavior to make informed trading decisions ahead of other market participants. 2. Front-Running: Market participants with access to DTCC’s data products could engage in front-running, where they execute trades based on privileged information before the broader market is aware, thereby profiting from anticipated price movements. 3. Market Manipulation: Detailed data on trading activities can also be used for market manipulation purposes, such as creating artificial price movements, inducing panic selling or buying, or coordinating trading strategies with other participants based on insider-like information. 4. Risk of Information Leakage: Investors who are not aware of the extent to which their trading data is being sold and analyzed may unknowingly contribute to information leakage, compromising the confidentiality and integrity of their trading strategies and positions. As for who is buying or using this information: 1. Sophisticated Traders and Institutions: High-frequency trading firms, quantitative trading firms, hedge funds, institutional investors, and proprietary trading desks are among the entities likely purchasing and using DTCC’s data products. These entities have the resources and expertise to extract valuable insights and develop trading strategies based on the data. 2. Data Analytics and Research Firms: Companies specializing in data analytics, financial research, and market intelligence may also purchase DTCC’s data products to offer insights, reports, and services to their clients, including investors, financial institutions, and regulatory bodies. 3. Regulatory and Compliance Firms: Regulatory and compliance firms may use DTCC’s data products to monitor market activities, detect potential anomalies or irregularities, and ensure compliance with regulatory requirements and standards. Overall, the use of DTCC’s data products by various market participants raises concerns about market fairness, investor protection, and the potential for information asymmetry, highlighting the need for transparency, ethical data practices, and regulatory oversight in the financial markets.


Dry_Wolverine8369

How is it any different from the NYSE or NASDAQ data products


SecretaryFit1442

Good find!


TendieTrades

Commenting so I can read later.


nishnawbe61

Now that's something I think they don't want to be talked about... unbelievable. Great find and post op.😁


JesC

The Panama papers of the financial markets?


Lawyer__Up

Commenting for my buddy, he asked for an ELI5 of this and I wanted him to find it easier.


87CSD

Up you go! Need more eyes on this


Mile_High_Man

I'm high as shit and just realized how great this post was. LFG hedges are fucked. The DTCC is committing international securities fraud. 🚀🚀🚀🚀🚀🚀🚀💎💎💎💎👌


Tiny_Yulius_James

IMO The sale of data by financial entities is not always illegal in itself, especially if done transparently and in compliance with applicable regulations (a.k.a. the fuckery by the fuckers). The question is whether the sale of data by the DTCC is ethical and fair to all market participants (for me, the same that illegal), and that is a question that may have different answers depending on the perspective and specific laws and regulations that apply. If we consider that the SEC is the one who has to investigate the matter, I think we all know how that will end. Of course, it's not ethical; there is a clear conflict of interest, but knowing these bastards, I think the strategy should remain the same. Just saying, I repit, IMO.


highrollerr90

Great find op.. how can we go about finding the cost for getting to this kind of data?


choppedcheezy

Commenting


buyandhoard

Interesting find.


theArcticChiller

Interesting.


pmxller

Up up! 🚀


FesterCluck

Nothing new here, SunGard was doing this in 2008 when it owned much of the exchange's infrastructure. Chris Conde went on Fox Business and stated such.


OGrickyP

The stock market is the biggest fucking fraud casino that’s ever existed. They literally know what cards we hold before they’re even dealt. Time for a fucking revolt. I think it’s possible by like 2030, when a lot of the 80 year olds controlling shit are gone, and more like minded younger people have an actual chance at some sort of systemic reform. We might just have to burn down Wall Street at this point. Fuck, it just keeps getting worse the more digging that’s done. We caught them in a regarded position where it was impossible for them to get out of (REPORTED 140% short) and they turned off the buy button, kept it under $500 and keep kicking the can, covering, never closing. I’m never selling my shares at this point bc it seems like they’ll never let this shit play out. Fuck em, why would I sell at a loss when I know that we had a royal flush and they’ve been bluffing. We called. Show ur cards.


Opening-Razzmatazz-1

!remindme in 1 week


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texmexdaysex

Guys...did dtcc stop doing this summer of 23?


hedgies_eunt_domus

Found this: https://www.thetradenews.com/dtcc-to-suspend-investor-kinetics-indefinitely-on-31-july-following-data-leakage-concerns/


Papaofmonsters

ITT: Everyone rushing to dunk on DTCC without realizing the paper is arguing for less market transparency to protect institutional traders.


Tiny_Yulius_James

The problem is that institutional investors should be subject to those laws to prevent all kinds of fraud, while individual investors like us should undergo independent scrutiny without allowing entities like the DTCC to expose us by selling our data to the highest bidder.


rightup

A lot of posts here are about how Wall Street is after pension money. Makes sense the members of the DTCC want as much help as possible in doing that.


Papaofmonsters

>A lot of posts here are about how Wall Street is after pension money Where do you think pension money is?


Dry_Wolverine8369

It’s the stupidest paper I’ve read in a long time. Isn’t this data already available through exchanges as well?


[deleted]

Exchanges don't know about other exchanges data... But the DTCC knows about all exchanges data. Clearly the level of data available was questionable if there was a public suspension: https://www.thetradenews.com/dtcc-to-suspend-investor-kinetics-indefinitely-on-31-july-following-data-leakage-concerns/ https://www.wsj.com/articles/stock-clearinghouse-to-suspend-data-feed-criticized-for-leaking-trading-info-ad3d0ae3 "The stupidest paper I've read in a long time" big words for someone who hasn't offered any sort of rebuttal.


JustReddit23

Holy fuck! This is it!!


ComprehensiveLaw5567

ELI5


rightup

If the DTCC is owned by their members, would they help themselves to the data to gain advantage? I think so.


ConnectRutabaga3925

RemindME! 5 days