Recent content by The Nephilim

Good guess, they are Orbixa(Swift)

HFTs shouldnt get to smug, it will just take a small change to how orders are handled to kill hft outright, like making a minimum time before being allowed to cancel. If orders had to be live for just a half second this would end hft tomorrow. Reg NMS almost killed the day trader, it wont take...

1 US Gallon equals 3.78 litres. We are paying over $4 a gallon for gas in Canada. Americans pay less than us, for our gasoline, want to know how its gets even better, Imperial Oil is 70% owned by Exxon, so 70 cents of every dollar profit Imperial makes selling our gas to us goes to the good ole US.

Sorry to tell you this but that is not true. Certain firms have access to order flow and thus are able to "see" orders coming in and react to those orders(they pay for this privilege). This is precisely what the RBC strategy is trying to prevent, their system delays the fastest part of the order...

Ah now we are talking about two different things arent we. Im not complaining about the micro second order which nobody sees, Im talking about the 5000 shares on the bid that vanish only when you try to hit them. Now I agree thats not entirely a hft strategy but its part of the game they play...

Really? You obviously have never tried to actually hit one of these "fake" bids, they have no intention of being filled and in 99/100 they dont. If you place an order either on the bid or offer with no intention of actually allowing it to get hit whether it does or not is a fake order and spoofing.

Section 747 specifically deals with "spoofing" and it is 100% illegal, now whether you care about pennies or not is not the issue, you either trade by the rules or you don't. Just because you have an amazingly fast system does not mean you can now place thousands of fake bids and offers.

There used to be a strategy a while back where a trader could post an odd lot in the spread and you would be price improved by the specialist on the next N print as above. Way to play this, play large spread stocks like Y and MKL or ALX. Certain traders made a ton of money with this till...

Send the explanation you wrote and you will be fine, no lawyers required. You only did what some HFT algos do 100 000 times a day. Can only imagine how many letters they must be generating. Good luck.

He only has those orders out so he is near the front if the price does move. If it moves hard he will cancel those orders. He gets a fill and then puts out a ARCA midpoint match or other similar order which then fills inside the spread. You need access to those type of orders in order to do this.

He is scalping half and quarter ticks by picking up liquidity inside the spread. Are there any sterling users who can comment if the net is with or without fees, cause while anyone with the right orders can do this its just the commissions will eat any profit. Would be interesting to know.

Wow, you never been to a gym.

How can it be a rip off if you arent losing anything. Worst case scenario you lose a whole bunch of money and they tell you not to come back. Swift is also one of the best places to learn, they have access to a wide range of trading styles and options.

Your losing months are carried forward to offset against any profits. If you show no sign of being able to make profitable months then you will be let go. You wont be required to pay any money back. The system is geared so that you are unable to create any substantial losing months as a rookie...

Who is this Ivestopedia guy? How long has he been trading? Sounds like he's a bit of a know-it-all.