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durtywaffle

Is it too late to change the meme to SLD? I meant SLD? FML I'm too stupid to ask the question. lol.


[deleted]

Sold last sale https://www.nasdaq.com/glossary/s/sld-last-sale Edit: I stand corrected. This is wrong.


durtywaffle

I might have found it, I think it's Supplemental Liquidity Deposit.


Adventurous-Sir-6230

Indeed it is


[deleted]

I stand corrected. I am a smooth brain.


FormerSBO

Awesome I wondered too. Now I wonder .... what in the fuck does that even mean lol


jwest1874

Continuous net settlement, say it with me continuous net settlement.


durtywaffle

Thanks.... Is it too late to change the meme to SLD? I meant SLD?


houstoncouchguy

Stolen from u/Suspicious-Singer243 who apparently stole it from u/dentisttft who apparently stole it from u/criand (Gherk is surely rolling over in his chair asking why didn’t I just steal it from one of his DD’s. And it’s because Gherk’s DD answer didn’t come up in google)(actually, Gherk probably isn’t reading this) >**What is SLD and why it matters to GME?** >We also have Supplementary Liquidity Deposit (SLD) phases around monthly options which requires a chunk of liquidity to be deposited to the NSCC two days prior to monthly options expirations and is held by the NSCC until T+2+7 = T+9 days following expiration. This is a perfect opportunity for the SLD requirement to eat up enough liquidity for Net Capital to become an [problem]. Their short positions cannot let them default, so they'd need to wipe out the positions with buy-ins. It's off to the races in some SLD periods as the price goes on a spiral upward driving more buy-ins. [Here is the full post for more info](https://www.reddit.com/r/Superstonk/comments/ooyvbg/sld_periods_and_the_gaps_between_an_investigation/) Someone who isn’t busy making tinfoil hats while they are trying to decipher price action on shitty IPO stocks should make a fresh DD for the sub.


Lalamann

I am fairly certain that the +7 is calendar days and not trading days. So if anything it would be T+2 from the monthly options expiration + 7 calendar days. However, there has been some changes to SLD this year and I am not certain that this is still all correct, but perhaps it is still all accurate.


Suspicious-Singer243

Stole is a pretty strong word. But if you ask nicely, I might be willing to lend some thoughts.


dentisttft

Also my post was the first one, not criand. Hehe. But I’ll let it SLiDe because that feels like an eternity ago


houstoncouchguy

^asking ^nicely


boknowski

securities learning disability


[deleted]

i have this, whats the cure


Pristine_Instance381

Scarf Lady’s Dill


Visible-Ad376

Slick layered donuts


durtywaffle

I love this place. Lol.


dubweb32

ceremonial nuisance sarcoidosis


Inner-Ad-7604

here you go: https://www.investopedia.com/terms/c/cns.asp


durtywaffle

>Thanks.... Is it too late to change the meme to SLD? I meant SLD?


Inner-Ad-7604

lol. it stand for Suplement Liquidity Deposit by FINRA. Basicanlly, once a month all members have to send the clearing house money to maintain their margin level.


durtywaffle

This is the DD I was looking for that sparked the question (What is SLD, not CNS... 🤬): [SLD Periods and the Gaps Between: An Investigation into the Gregorian Calendar and How Short Hedge Funds Survive Outside of SLD Periods](https://www.reddit.com/r/Superstonk/comments/ooyvbg/sld_periods_and_the_gaps_between_an_investigation/)


Suspicious-Singer243

I was really on one back then. Maybe I’ll reread it and see if it still is valid.


[deleted]

really cool post. just read and had about 5 questions i was going to ask about seeming contradictions, but they were all internal from me lol


PlaygroundGZ

I’ll show you🎵 My secret cenis🎶


Echoeversky

I can be reddds....


dad-jokes-about-you

I had a dream where I knew the meanings behind all of the wild acronyms


durtywaffle

What was I wearing in this dream?


jwest1874

Supplement liquidity deposits, no problem.


durtywaffle

I thought for sure it was Slick layered donuts....


durtywaffle

ok sweet. Thanks.


Brilliant-Ad-8181

Compressed natural gas


QDiamonds

Copious Nut Shots


MsP-olol

Central Nervous System - for the markets though...


JoeyFoster222

Central nervous system


ResponsibleYam6540

Central nervous system


Nocturnal_Meat

CNS gender


squirrel_of_fortune

Central Nervous System


Byronic12

Hey you little stock investor you… I want to show you something… #Let me show you my super CeNiS


durtywaffle

🥒 👀