If you believe slippage or latency is the source of your problems, and your system have yet shown consistent period of profitability, then you are...
Most stuff in the IBM report have been said before. While it is true that a high % of tradition "upstairs" traders will probably lose their jobs,...
While I believe hedge funds should be regulated, no regulation will be effective in preventing future hedge fund collapses. As in the case with...
Amaranth's head of energy trading desk did quite well last year, over the hurricane season....
I was going to a meeting in WFC, just gotten off the 4/5 subway (can't remember) when the 2nd plane struck. I remember the ground shook. Then I...
I don't believe they are active yet, at least I am not aware that they are active (I will make some inquiries to ISE members that I know,...
Problem is that under MDP, a single "channel" would consist of *all* index futures, or currency futures, or interest rate futures. The previous...
As long as you have a clearing firm sponsoring your connection, you can start developing to Globex iLink and MDP (MDAPI is in the last stages of...
A straight hi-lo system (2-6 = +1, T = -1) is sufficient to beat the dealer in BJ, but it is also extremely easy to detect by casino surveillance....
Bloomberg reported that Merton just shut his new fund down. http://www.bloomberg.com/apps/news?pid=20601087&sid=api7F5j8W_nY&refer=home...
Nope, the low ROE is fairly standard amount specialists (except, of course, the haydays of dot-com bubble), look at the 10-K of Knight, LaBranche,...
Actually the specialist business is not that profitable. Apologies for going off on a tangent. Back in one of my previous lives in an ibank, the...
Seems like you are victim of the massive Time Warner outage yesterday. If you are in the City, then Bryant Park, the Concourse in JPM Chase Tower...
This is correct. Gelber is a good firm, Brian Gelber was featured on Market Wizards (I have never read the book, but a lot of ETers seem to put a...
Apologies for the late reply. It depends on what type of trading you will be engaged in, whether you are planning on getting an exchange seat...
I have no idea who you talked to at CME. But opposite firm number is a part of the trade register file (and TREX messages), I am looking at...
Counter party is no longer provided on execution. But naturally they are still provided on the intraday clearing (CCL) drops. So for those who...
I think everyone just need to find a trading style (discretionary, fundamental, systematic) that suits their own abilities and experiences. To...
In a word, yes. Market microstructure is one of the hottest areas of trading strategy research in large hedge funds and ibanks. The...
I don't usually respond to threads like this, but since there are a lot of discussion between bj, poker and trading, I figure I will throw in my 2...
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