Billions in Secret Derivatives at Center of Archegos Blowup

Archegos used equity swaps or CFDs, people familiar have said

Instruments are popular with hedge funds, allow non-disclosure

Bloomberg 29 mars 2021  


https://www.bloomberg.com/news/articles/2021-03-29/billions-in-secretive-derivatives-at-center-of-archegos-blowup


The banks had each allowed Archegos to take on billions of dollars of exposure to volatile equities through swaps contracts


https://www.ft.com/content/db4508ed-ccb4-48f6-8dd6-dd7d38e3cfa4

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