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You think Worldco has 400 traders there to play video games? Guys make serious money, some of them with above 90% winning consistency. The reason people won't come to you is: a. The fees you charge are rediculous b. A hedge fund surrounding for a day-trader is dangerous.

Why would Grasso leaving change the specialist system?

I read what has been written, but it doesn't discuss putting on the trades, calculating the deviation between the cash and option. Triple witching market on open imbalance is all unwinding of these type of trades and there are alot of people doing them.

Im looking into buying the OEX calls and shorting the oex cash(or vice versa) when things get out of whack. Anyone have experience or knowledge into this? How exactly do i calculate the cash position to be offset the option.

Worldco is done

The last week alot of traders have been experienceing bad NYSE qotes-late bids and offers through different datafeeds. Someone said it might the new liquidity quotes the NYSE is trying. Does anyone know what it is, and why its messing up the quotes.

The new system is not working well yet and they let go of the man who was creating the system to save money. Without him things have been going wrong left and right. It seems like they have been making some poor decisions.

It really shouldn't be a big deal to get us the forms, all the number are in the system. But they also fired some employees from HR.

First time on ET and thought this thread is very interesting. Amazing how much misinformation is out there. I trade at Worldco. It probably isn't the best place for new traders right now. The firm is strong and has over two hundred extremely consistent traders that are even making in this...