Recent content by fecal_tdr

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    Muni and High Yield CEFs

    Anyone have any insight on how these will perform, especially the ones that use leverage? Are their short term financers still giving them liquidity at rates they want, or is it as bad the rest of the auction rate and short term markets? The share prices are attractive here but the risk is unclear.
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    INGN look at it..

    Why wouldn't another company buy this one if the drug is promising? The enterprise value is pocket change at this point. The company seems to only have enough cash to last the rest of the year also, which would be hard to overcome unless they get some signal from the FDA, which would at least...
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    Question on Rolling a Futures contract

    Check your account, you have already taken the loss. The poster above said it correctly. At settlement each day, the proper amount of cash on a futures position is removed or added to your account, known as marked to market.
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    Batman trys spreadbetting

    I think spread betting is the British term for scalping. Is that correct?
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    Bond Question

    If you have access to Bloomberg, and are willing to play with Excel, this might be feasible. Use the func "DURATION" in excel to calculate the modified duration your bonds. Then use the "FYH" function in Bloomberg and enter in a cash bond. It should compute a futures hedge. I am obviously...
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    Solar Panels so expensive

    I knew I made a mistake somewhere. And thanks for the link toc. Also those dishes are significantly more advanced (and probably signifcantly more expensive) than solar panels used in the home which I used in my crappy estimate.
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    Solar Panels so expensive

    This articles says a panel costs about $615 per square meter. http://home.howstuffworks.com/question418.htm Its a real rough estimate, and they are quoting prices for home use, so that doesn't compansate for different efficiences and other technical factors that I probably don't...
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    TUT, NOB and other credit spreads

    If you calculate the net from the prices you give you get a credit of 770 ticks from the bonds and a debit of 522 from the FV, leaving you with 248 ticks. That's $7750, and now that I stated the obvious, the only conclusion I can come up with is that the yields you calculated on the futures...
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    TUT, NOB and other credit spreads

    how did you calculate your DV01's?
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    real estate LA - banging my head against the wall

    I could be wrong, but I was under the impression that most commercial investments in places like LA and NYC have cap rates between 5-7%. I heard this was due to the weak dollar and low interest rates in the past few years. Maybe the trend is changing? I would like to here your thoughts.
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    was it just me?

    Yeah some poor soul bought 1300 like 20 ticks above where the FV was trading after the number.
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    Is the Bund one of the most difficult contracts to trade?

    The CME (and CBOT) are supposedly doing away with those messages starting july 2nd to improve anonymity. I have my doubts though, and I think that some big traders will still find ways to see counterparty, especially if they work at a firm that also clears. Fake orders are pretty much the...
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    CME Housing Futures

    There's no borrowing occuring in a futures market. You are writing contracts. A seller always matches a buyer. So someone does not go long before someone goes short, it happens at the sametime. Also there are countless futures contracts which are cash settled, including eurodollars...
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    CME Counterparty Information

    The are a couple firms that have the capabilities to read counterparty. Like rufus said, all you need is a simple app that relays the info that is already sitting on the fill server. The CME and CBOT should either completely remove this info or make it easily available to everyone, not just the...
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