Search results

“I did not instruct anyone to lend customer funds to anyone,” Corzine told lawmakers in December. Sure thing, buddy. Perjury often lurks in the shadow of an ego-maniac.

Double Thread. Posted same time.

Your "opinion" strikes me as that of a sly generation Y in their late teens/early 20's. How are there problems at MC because they decide to stop supporting a ***FREE*** platform and re-allocate programming resources back to the main for-profit product? Is it not possible the MCDT "public...

http://stockcharts.com/h-sc/ui?s=MFGLQ&p=D&yr=5&mn=0&dy=0&id=p76006576396 It is not a favorable situation. I would 100% be looking at new venues.

Analysis referred to in the FT article: http://www.efama.org/index.php?option=com_docman&task=doc_download&gid=1649 Does not even compute derivative costs. How this gains traction, particularly after Swedish mid-1980's experiment and near-term appeal of tax, is mind blowing. This is...

I would be much stronger than "seems." Her incompetence on topics at hand is astounding. I actually mute Bloomberg now when she is live. Could care less what someone looks like while I'm working. Like most I only listen to it on background with occasional head turn for data streamer. She has...

If taxes are such an impediment, perhaps consider trading 1256 scheduled contracts. Index/commodity futures, forwards, non-equity & debt options, currencies, etc. Personally made the decision to exclusively trade index futures 6+ yrs back for three reasons in order of importance: tax advantage...

All I Want to do is Retire - 20 Years On Wall Street http://www.youtube.com/watch?v=AVWB9SnQlP0&feature=youtu.be Ha!

http://www.bigmiketrading.com/ninjatrader/ Not a Ninja user, but plenty of help/examples to work from here.

The shear incompetency of some of these Congressmen asking dull pointed questions is breathtaking. D Cardoza of CA is currently just one ex. Was entirely uncomfortable listening and had to turn off the audio for his 5-min session. Don't these people have remote ability of self-introspection and...

EURUSD has moved lockstep with IR differentials, a relationship in place for some time now. Periphery issues did not drive real money outflows like most active participants anticipated. Eurozone inflows remained steady, even favorable. Differential interest rates have simply favored euro. This...

This was my first thought as well, but when digging deeper, the health of MFG was so bleak that it was conceivable minor hits became deadly. My conspiracy side wants to think the haircuts were not in-line with reality, malicious in-nature. Quite curious to find out who stood counter-party...

They had little to no cash, and a subsequent junk rating cut off ability to garner new emergency credit lines. 50% of exposure was Italy I recall. 3% shift on the net exposure was ~200MM plus a ~$150MM prior quarter loss...then compare that to $1BB IB offer they were anxious to take for the...

MFG's bet was they could withstand bond(collateral) volatility until maturation date. They could not due to excess leverage (40:1) afforded to them under the repo clause. As bonds dropped in value, counterparty called to refresh repo-agreement to original collateral financing ratio...

Very curious which counter-parties called for more collateral. Apparently a lot of the repo volume is cleared through LCH Clearnet...maybe this will soon surface? And was the collateral call in good-faith? Could be juicy twist #17 of the story. Not familiar with repo market, but after looking...

Withdrew <$50,000 from a small inactive "SHTF" hedging account last Thurs via wire to a US based checking account. No issues. Had used MF rather actively over 2yrs ago, but went elsewhere after 3-4 months. Today is perhaps a different story, but process should still be orderly. This is sad...

Tickdata is your best bet IMO. Decent pricing for clean data, solid utility (v. 7+) included to format data. I use this service to fill any gaps against the data I collect live from IQFeed & CQG. But I've only used TickData for the following futures: ES, Euro FX, 10YTN, DAX, Bund, Yen, SFranc...

From David Rosenberg & http://research.stlouisfed.org/fred2/categories/32351 Any relevant input on said data?

FWIW... Over the last 45 years, inflation has heavily correlated (~+0.90) with the labor market, not commodities. Nominal wages are pacing at +1.7% year-over-year rate, while productivity+2.0%. Unit labor costs continue to deflate as they have done so since Q1 2009. In the 1970's there was...

Some food for thought for those complaining about the evil margin increases: CME SI Silver Stats Data pulled from here: http://www.cmegroup.com/clearing/risk-management/historical-margins.html 4/30/2010 – Price $18.5, $5737 margin 12/17/2010 – Price $29.14, $10462 margin Price...