Recent content by HezBallah

How does one get the takion platform for their firm?

that contact doesn't work... they don't respond.

I'm trying to obtain Takion for our prop firm and I can't get in contact with Takion. Any idea why they are not responding to emails from companies trying to use their product??

So I'm trying to understand bond pricing and leveraged bonds. Could you help me a few questions? 1) When rates go up, how do bond prices go down? What's the mechanism here? If rates go up... I guess existing bond prices go down because they are only paying the older, lower rate? So if a bond...

This made sense to me.

Can someone provide me an intuitive explanation for why vega is highest for options ATM and why it gets lower for options OTM and ITM. Why do deep options have lower vega than the ATM counterparts???? I read this: http://www.theoptionsguide.com/vega.aspx and Natenberg... but the...

But what about the equity-only shops that charge a fee (somewhere between $3 to $5 per 1000 shares) that do not require capital contribution? Is their hopes that you're gross positive, regardless of whether or not you're net positive? Do they just teach low-profitability strategies that may not...

No you are totally right. A lot of these equity only firms have low fees... some of them are as low as 50% per 1k shares (Kershner), others are like $6-8 per share (Quad and FNY). But the theme is the same... throw a bunch of college kids into the fire and see what happens. It seems like they...

So, in general, what do people think of firms like T3, Kershner, Chimera, WTS, Trillium, FNY vs other equity derivative firms like SIG, Jane St, Wolverine, Optiver, Bluefin etc. It seems like at the latter firms, the training is better (you at least learn about options), the methods are still...

Yeah, what do people think of this? What do people know of either firm? How are they doing? What's their tech like?

I highly recommend McRaney's "you are not so smart" btw.