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What Is Defy?
I think a lot of the regulation upcoming will probably end up being quite bolish overall, because i spoke to a bunch of people who are just not jumpin. So they have hs called structure products in regular the stock market world, right? And what a structure product is is luts jost say, twitter has a bond, whatever it's trading at,. There's some volatility in it, and they'll say that we'll Guarantee you 29 % but only for one month. That's effectively what defy is. It's the exact same thing. But in order to do that, i have to sign 50, round 50 on pages of paper just to be able to do that