Recent content by rational_chaos

Oh, I almost forgot to mention, look at the spread between exchanges. Then realize the spread on each exchange is usually 1 to 5 dollars. If you know anything about market making or arbitrage then you should be drooling at the opportunity.

Ok, so let's go ahead and clear some of the misconceptions here. Regulated markets offering protection is very true. But at the end of the day much of this protection is smoke and mirrors anyway. PFOF (designed by Bernie Madoff and still a standard practice) and frontrunning affect execution...

“The mighty edifice that is Wall Street was not built on the fortunes of flamboyant speculators, as myth would have it – it was built on pennies.” Excerpt From: John Coates. “The Hour Between Dog and Wolf.”

The VIX manipulated? You don't say!? An index calculated on OTM, wide spread bid/ask, options that are less liquid than the average is begging to be manipulated. Similarly, /VX futures can influence /ES futures which can then influence S&P. Not sure anyone has enough capital to clear multiple...

blockchain.info or coindesk or something more like this: http://parasec.net/transmission/ ?

Glad to see the Rule 606 PFOF revenue model was brought to the attention of the thread as this is, indeed, a major stream of income for the Robinhood business model. As amusing as this is going to sound, I did some "tests" of the execution quality of trades placed using the Robinhood app. They...