Recent content by piphunter

I heard it was a scam...

if you are looking at recruiter ads for jobs then IRS means interest rate swaps and exotic book is exotic derivatives likely interest rate/fixed income derivatives as it is mentioned in same context as IRS. if you don't already trade these things at a sell-side firm or hedge fund then you...

Fimat is the financial brokerage arm of socgen and is mainly for financial institutions and hedge funds. If you run your own legally setup fund, then yeah get in touch with them. However if you are thinking it compares to IB, you are a bit off. It doesnt do retail. I live in Tokyo. It is...

Alot of Americans can barely read or write too...

That's his estimated earnings according to Alpha magazine. However its' not JUST from management fees. The management fees go to support his entire operation of traders, offices, support staff, legal & compliance support, shareholder communication, etc. His earning would have come from part...

If you were as good as Cohen at SAC or Simons at Rennesaince then you too could charge those kinds of fees. These are two long-term top-performing funds that have made handsome returns under very strict risk parameters. These guys can rightly charge whatever they want and they will have funds of...

In Canada, Yes it is.

I think it is more interesting that everything is tanking...

It was not Japanese investors who were buying. Foreign institutional investors made up the majority of those buying and they have been looking to unwind their specs that used the extra free money.... it shouldn't be that much of a suprise in retrospec and it may get worse before we see another...

Foreign institutions are leery as their 'free money' at 0% is drying up and when levered at 5-10x even a 0.25% increase can start to wipe out the carry trade gains they were seeing. Will it spill over into other spec commodities markets? I see this as a correction on the way forward in a bull...

Well the way it works in carry trading is to try and create a basket of pairs so that you are spreading your risk around. You want to be long high yielding currencies and short low yielding currencies. Since the USD and to some extent the EUR are the most heavily traded currencies, they are...

Ok thanks for further explanation. I appreciate you taking the time. I hope to review this later and share some thoughts. I've just read some discussion of ideas like this before and it is funny how sometimes people end up trading things that they don't even realize. Edit: Example maybe...

And then the correlation in the cross-pair that you are actually trading goes out the window because of a black swan type of event and you are screwed by trading something you didn't even realize.... It will be much better to trade USD/CHF in interest positive swing trading than try to...

for a quant job a PhD or at least MSc would be ideal in math, physics or maybe engineering/comp.sci ... if only undergrad then you will probably need as many courses as you can cram into your timetable of every type of math, statistics, physics. as advanced as you can possibly get...

Hey Exchanges, I read in another thread that you take a long time to setup your trades. This indicates to me that you are trading on a pretty long time frame, perhaps even longer than Daily charts? That's much different from my own strategy which is pretty much mean reversion in the...