T Bill futures trade at the CME but volume has dried up. close to 0, and been replaced by the ED. You can't take delivery, cash settlement, and they are sold in the cash market at a discount and you receive par at maturity only. Hope that answers all.
Waggie
Gee, really. Trading has always been a bit of a war with people of all sorts involved. I just enjoy commenting when I visit this place and read the wishes of those who want pits to disappear so the game won't be so difficult I guess. Jealousy is a horrible thing.
You petty, pathetic wimps who couldn't make it at the exchanges would just love to get your revenge. No such luck, I'm afraid. Liquidity is what its all about, you geniuses, and market makers fill the floors in Chicago. I suppose you will all step forward and do the same for Eurex. Good luck
I was told the way to go is set up a corporation, which I did, and channel your income through the corp and pay all your medical expenses through it. This allows you to deduct 100% of your expenses from profits as opposed to the limits placed on individuals. Works for me.
Right, notice the ED volume last week. Huge. Electronic traders going to take down size in volatile markets? Nope. Market making function provided in pits allows me to trade large numbers, no chance that can be done electronically unless you feel like selling down or bidding up to get filled. As...
Where can I access the quote board window requested by futures traders on 7.3? I don't see it anywhere. You can PM me rather than bother all here who already know.
Thanks
Your background will get you interviews, after that I'm told by a few people I called you will be battling it out with a lousy market in terms of many graduates for few jobs. But I've seen that before and good people succeeded. Good luck to you.
Someone mentioned difficulty getting insurance because of health problems. My solution was through my state(Illinois), lots of which offer it for the uninsurable.
I trade in that pit. I have no mortgage. I own no stock, other than CME stock which I wouldn't sell at any price because of the dividends the CME pays. I trade all 40 ED contracts in packs, bundles, spreads, butterflies, condors, and on and on. I'm still waiting for the on line trading crowd to...
Anyone who makes a statement like "we all know the guys on the floor are a bunch of crooks" and implies a conspiracy was somehow hatched to get the off floor traders knows nothing about the CME . As I mentioned, the Merc makes $ being in operation, not being down. As for the crooks, I know a lot...
Why don't you idiots stop complaining about the evil people at the CME who have it in for you. The floor is not going away. The Merc didn't intentionally go down to screw anyone. They make $ being open you know. That explanation of the evil pit guy and his friend, brother, etc buying or selling...