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“by their existence from Black Shoals are hedging vehicles…” — Chat With Traders at 24:07

“by their existence from Black Shoals are hedging vehicles, not really speculative vehicles. So you don't know if they're actually hedging what's on the other side of the trade. So that's the problem with just reviewing the account. But then we did have an opportunity to talk to some of the big accounts. And the prop…”

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