Recent content by JoHa

fatfozzy, A few specifics on how the eSpeed and BTEC bond trading rules are f#cked up: 1. Work Up: If you are alone on the 6 offer and I buy the 6's from you, the trade enters a work up period. BAsically, for the next "x" seconds (with x constantly changing on their whim); you and I...

TGM, I couldn't agree with you more on how things "should be." In my opinion, all markets should be FIFO (first in, first out). There should be no specialist. Pretty much the old Island, now INET, model. I'm not a bond expert but the primary dealers still call the shots. The reason BTEC...

maptrader and TGM, I think its important to clarify the TT/BTEC situation. BTEC has a cash bond style marketplace meaning they have some of the same stupid rules that eSpeed has on their system. This includes work up and not being able to cancel your order for 2 seconds after it has been...

That's a frickin joke. Does anybody know when TT started offering this front end? U.S. Patent Law clearly states "a U.S. patent application must be filed within one year following any public disclosure, sale, offering for sale or public use of the invention." The patent app is dated in 2000...

Finally a well thought out response. I couldn't agree with you more. Keep it up TGM, we need more like you around here. There's a bunch of frickin' morons out here (Hi Def!). Look forward to hearing more from you. I was beginning to think I was the only one out here with anything...

chuckk-y: The cbot is fueled by the Liffe Connect platform, based in the UK so you are actually sending a portion of your money outside of the US. MartinD: I think its 1 second netting. either way, it still is crapola. Long live eCBOT AND Eurex US. God bless the USA and every...

Q: How many IB employess does it take to change a lightbulb? A: 400. 1 to change it and 399 to frickin write a post about it on ET.

Can JoHa pick them or what!?!? Come on guys, get in there and trade more. Support Eurex US. Support SSF on both One and nqlx. suport eurodollars on liffe and globex. maybe one day, the exchanges will make them fungible (ha!!!). Competition is good! Yippy ki aye mother f#ckers!!!!

Chris, You are quite correct. DTB did have the Bund options and futures and the volume was low. It wasn't until the DTB (I forgot if they had actually become Eurex by then) gave out the free screens and took out the full page ad in the FT that the momentum started to drastically swing in...

I have two strong opinions: 1. The floor will die. If you haven't done so already and if you want to trade for the next few years, I strongly suggest you position yourself to move upstairs. 2. Competition is good. Look at the costs of trading a Nasdaq future on Globex: $1.14...

*************** "JOHA, as someone who is on the floor everyday it is hard not to notice that EVERY single big bank still has desks on the floor and still use the pits to execute some big futures orders (i couldn't help but notice GOLDMAN buying 5000 ten years this morning when they easily could...

We should all support Eurex USA. Look how much eCBOT rates have come down since they came to town. The eCBOT had no intention of ever dropping their rates and they will turn around and jack them back up if Eurex US is a failure. Remember, they have a new trading floor they have to support...