Search results

bptrader, don didn't write the article, it was a guy by the name of dennis dick, one of their traders, but from the looks of it they're actively supporting him and his website, defendtrading.com. here's the problem, when you scapegoat an industry with the negative actions of the few, you're...

no, actually that isn't true. there are laws limiting us citizen ownership in foreign corporations before the corp is considered liable for US taxes, regardless of what tax free jurisdiction it's headquartered in. look up CFC and PFIC rules for more info.

first off, market making simply entails making a two sided market, it's not dependent on 'having customers.' if your game is the spread, by definition, you're making markets. period. second, index arb is neither delegated to solely the sp500, nor is it necessary to trade all the components...

tide31, you contradict yourself every other sentence. high frequency trading IS market making, it IS index arbitrage, it IS short term trading. some high frequency trading DOES sub-penny, but THE BULK OF IT does not. i'm a high frequency trader. i make markets with fully automated...

wow, i can't believe bright sponsor's this crap. and by crap, i don't mean sub-pennying, by crap i mean blaming sub-pennying on high frequency traders (flash trading was the other one). this dennis dick, i'm sorry, but it's obvious he's been listening to a little too much cnbc and forgot to...

placing blame on algorithmic trading or high frequency trading is going to do more damage to this industry than good. why place blame on traders? what's mr' dicks agenda? if sub-pennying is the issue then focus on that. this continued demonization of high frequency trading has heavily influenced...

that the brights put out garbage like that, is just mind-boggling. next time you guys want to blame someone for sub-pennying, don't blame 'high frequency traders' because um, that's what bright and most all prop traders do... so um, that would be kind of fucking idiotic. didn't you guys just...

can anyone recommend a hotel in cabo with solid internet? i honestly could care less about anything else wrt to the hotel, but if it has good internet i'll be happy. gotta be able to trade or it's not a 'paid vacation'. thanks

they're not gonna do much better as owners of a prop... good luck finding a prime acct willing to let u carry 40:1. the leverage you see at prop firms is not the leverage the firm gets from it's prime broker or clearer. it's a result of the prop knowing that not everyone will use all the...

pretty sure the op wasn't talking about mm'ng equity options... to the op... they hedge. if they're exposed, it will probably only be a certain % exposure before the risk desk gets up there ass. real mm's are interested in spread and try and hedge off directional risk, if they're not, they...

ha! 1k is all you need! i spent almost 6 months on this. i guarantee you, if you can set up one of these complicated structures that don't avoid DOL laws and don't stick you with any CFC or PFIC taxes for a thousand bucks than hats off to you. the actual reality is, you'll need to be working...

um, regardless of that ruling which is an obvious prohibited transaction... how are you guys who are actively trading your IRAs assuming you're getting around UBIT (hint:you're not!)? the purpose of IRA's is to reward long term investments, not active business. anyone actively trading out of...

why? api and passthroughs. i know a couple guys running fix with them that make some serious markets (ie, they trade size). one of the few retail venues who support that. go try that on ameritrade.

the above examples, while maybe doable, are all great ways of limiting your freedom to such an extent that it's no longer worth it. i can think of no better limitation of movement than placing my balls in the pocket of a woman, having to spend all the money i make, or constantly being on the run...

there's been a few people on this thread suggesting you can just become a citizen of another country. unfortunately, it's not that easy. switzerland's naturalization process requires 12 years as resident before you can even request! most EU countries are 5, with a few at 3. nevis is probably...

they never got back to me either (esignal enterprise feed). this was last year. i even called a local rep which i scrounged off one of their company directory's. spoke to him, had an hour chat. he never got back to me either, even after multiple voice mails (i had money to spend as well). don't...

you're LOWERING you rates to that? hahahahaaaaaa. unbelievable.

rufus has worked as a quant on investment bank desks doing exactly that and now runs his own shop. you're in way over your head here son. ever heard of market making? cuz big banks don't do any of that stuff rgt? spreads are for the peons. anyway, i concur... you have know idea what you're...

c/c++. it's the industry standard. if you have interests in anything high frequency related, you can't get around knowing these.

none of those sub-penny prices show on my feed. i think your app has a bug... looks like a floating point issue.