Recent content by jwecme

selling commodities stocks = braindead enough said

AIG is one of the worlds largest insurers and as such it was heavily involved in guranteeing lots of contracts a case in point is some of the ETF's i bought the counterparty to ETFS was AIG on some of the contracts so as AIG stock price falls their credit rating declines and it can trigger all...

Thanks to the OP , really enjoyed reading that, very interesting and well written paper.

Does anyone know what time period is the most commonly use when calculating volatility in an option for commodities. Do they use more than 1 time period and weight the most recent more heavily or is it just an avreage volatility over say 12 months. Hope Someone can help Thanks

Backwardation is when further out contracts are cheaper than front/spot. Contango is when futher out contracts are more expensive.

Does anyone know where to get LME daily candlestick charts from? Also is there a package out there to get decent charts for spot commodity prices, rather than just continuous futures charts which you can get through the usual data providers?

I think there is plenty of oil out there to be found the only problem is it is not going to be productive to try to extract it below several hunderd dollars a barrell, especially given the precipitious inflation rate in the US. Minning and drilling costs are going through the roof as well. I...

Initial margin is what is required to open a new position maintenance or variance margin is what is required to support a currently openend position. Maintenance margin is normally lower than initial margin I think so you may not get a margin call just yet but I would suspect you would be...

Rosy2 you busted me I traded a piker 2K Forex account with a chop shop and now I take out the trash at Goldmans. How did you know?

I think people place too much emphasis on names in this business. I work for one of the top firms in the industry after having traded my own account for years and have been shocked at just how much more difficult trading your own account is than picking up a paycheck at these big firms...

I use my Bible when trading when i need to throw something heavy at the screen in frustration. When I am not trading I use it as a door stop and to help stop furniture from wobbling . Anyone who thinks the bible does not have its uses in the modern world has no clue I have just listed 3 uses...

I think that this fight will come down to Hatton's ability to keep banging for 12 full rounds. If his engine stays in tact I think he can pull it off but if he tires markedly Mayweather is too quick and will probbaly be able to win UD or by cuts late stoppage. Either way it should be a...