Recent content by cresta

pre open in 5 mins or so..........

Recently reported in FT........ Buffet was aked how much money would be appropriate for him to leave to his kids and he replied " enough to do anything ,but not enough for them to do nothing.............!" Trite ,but spot on. All things considered he seems ,as far as i can tell , a well...

spoke with andy gooch last nightand he says june will see start of transition cash settled first and physical settlement to follow . oils and spreads will lead and metals therafter. would nt be drawn on trading costs ,but obviously saw that competion in the first instance wityh ICE wld...

Quite right prt and they deserve their pre eminent position for this investment.However as time moves on and their technology becomes more entrenched they will find it increasingly difficult to change or adapt to any groundbreaking tech shifts that occur.Cbot on the other hand can change with...

CME own and develop their own exchage technology whereas CBOT lease their electronic trading infrastructure from Liffe for a lot of bucks. This may in time be seen as a double edged sword as not being tied to a single source may eventually be a godsend to the CBOT. Bob Ray (cbot boss)said...

was working "night bonds" at cbot around 1990 and whenever a trader was hungry it was common to send out a clerk to "smuggle"in a sandwich & drink in their jackets. the staff at the turnstiles were generally tolerant ,altho some of them could be pricks . anyway ,one of the "big "traders "was...

multifold.........at the exchange level whereby price delivery becomes more efficient & throughput capacity increases tenfold. at isv level as level two implied pricing and spread functionality becomes more common. breadth of contract ranges offered increases dramatically as do x exchange...

if tt are doing cartwheels ,then i think they are a little premature as technology is coming down the road that will render most of tt functionality obsolete...........what they have is market share & that is their only real asset. mind you i think mr brumfield is well aware of that...

because euronext have failed to address the problems of moving options from floor to screen their flagship euribor options product has begun to reap the consequences..................... Figures published by the FIA for the first 5 months of 2005 "Outside of the U.S., interest rate...

i never traded it ,but have been informed that it was floating. the one i traded was fixed which i wld think is easier to use. i think that are both outdated now.

earliest ladder i saw and trded was in 1999 jan/feb............. it was a bandwidth exchange . also around then was a japanese futures screen trading currency which had been around a year also ack in 1999. static and dynamic price was also an issue then, as now.

try this link..........it seems that things are hotting up again. http://www.fow.com/articles/foweek_article.asp?storyCode=3551

For those of a more delicate disposition perhaps we could all agree to rename " trading arcades" with the term " trading bureaux"??? PS Has Elvis left the building yet ?? + btw goldman sachs is a prop shop.......

game over for mass option quoting on globex.

so who is behind this "trading alliance"?? i would rather know before signing up etc....