Recent content by prescott

Does anyone know the 'red and white socks in a bag' question, that I have heard that has been asked on interviews? Can someone fill in the blanks? Thanks Also if anyone has any others that would greatly appreciated.

i do not think imbalances can flip after a certain time? i think the time is 3:40? also i think you can only enter orders to help the imbalance after a certain time as well. i think the time is 3:40? not sure though

correct but the spec will not raise the price just for the simple fact to match orders, but to help himself out, ie selling at a higher price

basically about 3:50pm, you see an imbalance in a listed stock, say a bunch to buy on the close, you enter in an order to help the imbalance (ie selling) then buy the amount you entered in to sell. The spec will naturally close the stock a little higher due to the fact that he has to sell the...

Thanks pythagoras . . can you elaborate on any stat questions?

Does anyone know what their trading assistants get paid? Thanks