Sources: Hedge fund liquidations hit highest level since 2009

深潮 TechFlow reported that on November 06, financial journalist Charles Gasparino said the recent sharp sell-off in tech stocks has sparked market speculation that one or more hedge funds are in distress. An unnamed CEO of a financial services company told him that the number of hedge funds being liquidated has reached the highest level since 2009, that this round of clearing is necessary, and that the market is preparing to bottom out but still needs to absorb more downside pressure.

Source: 深潮 TechFlow