Search results

Ask the Chicago Board of Trade how that new open outcry trading floor worked out for them in the late 1990's.

Proprietary Traders, HF Traders, and Bank Desk Traders are assigned Capital Limits and Risk Limits. Naturally, newbies start out very small but if they are consistent they will get levered quickly. Point being, these private firms will throw as much money at you as you can handle if you are...

Not in futures. The futures prop firms (like DRW, Geneva, etc.) are really more along the lines of a W-2 Employee Hedge Fund model.

I believe that high level gaming skills are quite helpful to a trader. Having said that - I don't think that a trader with a gaming skill-set is an automatic winner per se. But it certainly doesn't hurt.

I have traded on a Commercial Physical Energy Desk, OTC Energy Derivatives at a HF, and all of the Nymex/CME and ICE regulated products. Most of what you are saying in this post is subjective gibberish.

I cannot think of a fungible futures contract that isn't subject to arbitrage into the physical analog. When you refer to the small delivery ratio versus the traded volume you are making the mistake of conflating delivered or physically settled futures contracts with active arbitrage during the...

From my experience - the regulated Futures Markets are much more transparent and efficient than the analog cash (spot) markets.

You just can't beat a good desktop video card and a better monitor. So worth it.

Those two situations are incredibly different. With LTCM, you had the trade counter-parties (The Investment Banks) unwinding positions and providing offsets. With Evergrande, the counter-parties are disparate entities in other parts of the economy: concrete companies, appliance companies...

Just my opinion - you really can't calculate a realistic probability. The correlation between Gold and Silver is high but by no means perfect - if you run into some disconcerting Central Bank or Economic News there can be a rather severe co integration issue that could conceivably stop you out...

All of these cash settled futures index contracts are going to be based on an analog market which provides a fair settlement procedure (in this case, an equity market NASDAQ licensed Index).

It's a great idea to study a futures contract exchange specifications and settlement procedures details. I quote: "If a two-sided market is not available on Globex during the closing period, then the cash index will be used in the following Carry calculation to derive a settlement price."

He's been calling tops for years now. Years.

Getting away from the Gold Standard in 1971 turned out to be a boss move for the United States.

Actually, a good case is frequently made by economists that decoupling from the gold standard has given the United States outsized prestige and leverage as a World Reserve Currency. About sixty percent of worldwide transactions use US Dollars.

Another rabbit hole thread brought on by a particular member espousing "pension pumping". #notarealeconomist

Self Driving Cars >>>> Road Head

You have to post US Sovereign Debt as collateral for a repo loan. Simple as that.

At least the Russians are much smarter about it. :cool:

There's a whole hell of a lot more to this than picking obvious pairs. Creativity pays off with spread trading.