I'm a little hesitant to add to this thread as it seems to be getting hot blooded. But in my experience, which amounts to 10 years being a "local"...
Interesting article thanks. Although, there didn't seem to be a 'control' group where there was no HFT providing liquidity for the initial part of...
I think thats pretty fair to be honest. Even with an extra 5 cents added to my RT my roundturns are still WAAAAAY lower than what I would be...
Agreed. Pleasure, good to have a debate with someone that speaks from experience... not always the case in Internet World
I think we may be talking on crossed wires as I wasn't specifically talking about IBanks. I am talking about the trading industry as a whole. I...
I actually specifically used the phrase "no speculator is obligated to stand in front of a crashing market and buy it" I did not say market maker....
I said "trading floor" not trading pit, mate. I've been a professional trader for my entire working life and can assure you a room where traders...
Im sorry but I take issue with that. Spreading (not that I am a die hard spreader, i make money outright trading and spreading) adds infinitely...
Yeah also you an just stack the order book 3 or 4 prices back. 90% of the time you won't get filled in the next 5 seconds and you will be at the...
I agree i960 As much as I hate to see costs going up I think it will require a little sacrifice from everyone to rebalance the markets to make it...
Fair comment texttrader In the UK all prop firms..99% of firms are futures only. Very little interest in equity trading. But everything you say...
Texttrader What you say is all true I am sure. But unfortunately businesses aren't set up with the view of 'what will help out the little guy'....
I totally agree with you about the 2001 market scenario. I started trading professionally in 2005 and the markets were a lot fairer back then...
I am saying that we shouldn't throw the baby out with the bath water. Synthetic spreading is a huge part of the liquidity provided in the market....
Cancellation fees wouldn't really work as spread traders (that provide a lot of needed liquidity to the markets) use autospreaders to quote spread...
hey LondonKid, i used to do a bit of Canadian against US Treasuries, its one of a few spreads I look at. I try and have as many going as possible...
I will PM you Bone, sounds like we have a lot in common
Hi Bone. We have the same risk limits and rules of risking traders capital in the UK. Thats a very macro level risk management. Im talking more...
I think the point and click firms have died out, but to be honest I think that has a lot to do with bad management more than people not being able...
Yeah but adapt to what? Its good for traders to have lots of prop firms out there, they compete for the good guys (purely from a selfish point of...
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