At 9.50pm AEDT yesterday, there was a sudden spike in trading on the oil and S&P 500 futures market.
6.50am New York time is an unusual time for a rush on trades on West Texas Intermediate May futures.
But it showed that all of a sudden, a substantial sum of money was bet on oil prices dropping and the stock market rising.
Every single one of those trades is, by law, tied to a name, US address, and Tax ID Number, and tracked on a massive system called CAT/CAIS.
The SEC absolutely has that info.
The most they will do is a slap on the wrist, such that it’s really only a cost of doing business