Recent content by slidertrader

Anybody know what is happening with short selling regulations? The comment period was up June 19th, but it appears the SEC is still accepting posts. Seems like now the market has rallied a little they have completely dropped the ball on this. Slider.

Exactly...The majority of stocks barely trade in the pre/post market and have wide spreads that do not represent accurate pricing - therefore having an index that was calculated based on these prices would be inacurate and worthless. You can check the news and watch the stocks that are...

Oil < $100 by years end, a good chance of < $80

Prime Brokerage vs. Synthetic Prime Brokerage Whats the difference?

C'mon guys - give me a break. Where I come from, inefficient pricing = opportunity for traders. Either way - Reg NMS still exists, which means that if a print is going to occur on one of these dark pools, the pool still has to ensure that there is not a better price available...

Does anyone have a list of stocks being added/deleted from the Russell tonight?

This has nothing to do with the specialist. The specialist hardly takes part in these small orders in the new hybrid market. The vast majority of matches are done in the electronic book - just like ARCA/INET etc. If Level II is showing INET at top of book and NYSE is a nickel lower, then when...

Thanks. From what I can gather there is an ECN called Chi-X (owned by instinet) that has been operating for about a year in some of the major markets and is starting to gain some decent market share (~10%). There are also a few other due to begin trading before year end (Turquoise / BATS).

Yes it is illlegal - it is called front-running. Hedge funds have investors, if a trader at a hedge fund front runs the funds orders in order to profit for his own account it is illegal.

I am interested in learning more about market structure and mechanics in Europe. - Do companies list / trade on multiple exchanges - if so, what are the settlement/clearning implications? - can you trade on ECNs? - do the exchanges use a specialist or market maker system? Does...

Madmax - Im thinking of signing up with ninja - does the market replay feature include a replay of level II for stocks?