[amluto]

I am pretty sure Rh doesn’t take positions the way you’re describing.

[crazynick4]

I am pretty sure they're a broker who hedges their positions with a counterparty. Otherwise, they would be taking on the risk themselves?

But I think my math was backwards on the closing transaction. If the spreads widen they would technically end up net positive.

[tedunangst]

They're a broker, not a market maker. They don't have positions.