Recent content by GATrader

What probably did not work as well as it was suppose to be were the OMS Middleware systems that cancel and route out to the regionals in response to Reg NMS compliance. These systems need more work since they were implemented hastily and probably underwent "stress test lite" due to deadlines.

silk. If the NYSE is broken due to the absence of specialists, why is the Nasdaq not broken as well since there are no specialists in the stocks -just countless eyeballs trading them? For that matter -the eminis and other futures contracts where no specialists exist? Just individuals who...

I suffered thru a "presentation" by a realtor yesterday about how she should be the listing agent even afer telling her that I already had a FSBO buyer at 560K . She said I am selling my house too cheap at 560 and that i should mkt it at 600k. After her cut assuming a pie in the sky bid of 600 i...

We are relocating from NJ to Ct w/in 3 months. I put my house up for sale by owner at a price of $565K. In 1 day someone bid 530 for it with a quick close since they sold their house already. After 2 emails, we are up to 540 bid. I don't mind selling it to them in the 550's since my own analysis...

If u think today is quiet , try monday. Yom kippur is usually quiet as well. or crazy busy due to illiquidity

I've used IRT for 3 years and have used that system thru revisions/bugs,etc. I can help with questions regarding datafeed,etc In return, I'd appreciate your insights on the new feature of it which is the package u are talking about. I got the email from Dr. Linn about it and did not bother...

Shreddog, good point on the OO being exempt from the Reg NMS but the edge in OO comes for a single source of liquidity - a big block of stock for sale on the 1st print that can be exploited by 1 man (Spec) with his minions ( the OO guys) . Reg NMS could disperse that liquidity since the...

Openings are predicated on a big block of stock at the specialist's disposal. When this block is parsed out to diff exchanges due to Hybrid regulations/NMS, where would he get the block to trade against?

Read Taleb's books. Look up "sticky" strikes. His premise is that the sticky strikes happen when there is an inordinate amount of open interest in one of the strikes and a good portion of the OI is sold by "somebody" who is not interested in gamma scalping position which leaves the longs...

Is there a way to fetch an option call /put price for only the ATM for equity options? To do my scans, I have to request the whole montage, calculate the ATM strike, get what I need then go on to the next ticker. It takes a long time, any suggestions on data sources? Life would be much simpler...

How is this "fund" different from the Exhos, and Bright's IMHO,-nothing.The moment trader has to write a check to cover his losses you are in a prop shops ala Bright model. Not that there is anything wrong with it. Mere obfuscation.

VTrader

Price improvement of specialists is predicated on the fact of the specialist having the "block" of stock with which to take the opposite position against. His capital + guys in prop shops with standing orders like the Brights/Echos butt up against these blocks at a good price usually just above...

Hi. I have 3-4 apps in my pc running concurrently. An execution platform, a charting system, Excel and Email. I have a VB6 program that writes stuff to Excel every 2 minutes or so. The issue is that whenever it fires, Excel captures the "focus" so if my cursor is in a chart or worse yet an order...