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Trading in futures at CME halts at 12pm CST due to the US Holiday. US Equity markets are closed.

I would dare opine that the majority of working age adults would envy such a career...

Look at Amazon's 2018 quarterly SEC filings. They've posted a profit now for something like 15 straight quarters. They can afford to break even on e-commerce, hemorrhage money overseas and they have consistently beat earnings in 2018. Web services and cloud computing - which they started as a...

What I find troubling is that the same politicians in New York State and New York City who wouldn't subsidize an Amazon move were perfectly willing to spend that same amount of public money subsidizing sports stadiums for multi-billionaire team owners. That is my only real criticism. I wasn't...

I get what you're saying - I think it depends on the business. If you're going to start a financial services company or an IT company then yes you would want to gravitate towards a major urban center that attracts those types of employees and supports that business infrastructure. Likewise, if...

Amazon was keeping specifics close to their vest but they were throwing around figures between 20K-50K employees at HQ2 - there was certainly distribution involved. I mentioned FedEx, UPS, and DHL in a previous post because those Headquarters are not just administrative headquarters but...

I trust that was just a flippant statement...

New York ranks #1 in exodus to other states. https://www.bizjournals.com/newyork/news/2018/05/25/new-york-ranks-no-1-in-losing-residents-to-other.html

Nashville has been killing it. Goldman Sachs is building there and UBS is expanding there. Middle Tennessee has a thriving automotive sector. Great roads, no State budget or pension financial crisis, and no State income tax.

Is Amazon a huge soul crushing conglomerate that's taking over the world? Yeah. Are they going away? No. Only getting bigger. Walmart did it to local brick and mortar forever - and now Amazon's doing it to Walmart forever. What's unique about this is that you really can blame it on the...

Monthly Continuous Consolidated (Rolled): Weekly Continuous Consolidated (Rolled): Daily Continuous Consolidated (Rolled):

I have my doubts. US supply is ridiculous.

Yeah, I saw that. No, big energy desks in Houston for example will have overnight staffing. And they have bespoke meteorologists on retainer so my guess is that a new weather forecast development is in play here.

Not true. The US has an extradition treaty with South Korea. That includes ill gotten funds as well as people. The US seized something like $16B from El Chapo - and he’s a Mexican Citizen. Since the US seized funds from all over the world in that case (including Mexico, Cayman Islands...

No, like you I was curious and got on the ABA website - they had a link to the FBI website. You can structure a Trust or a Life Insurance Policy as a shield against third party civil action but you cannot shield anything of value in a Federal Case where they even suspect those proceeds were ill...

You don't get sentenced to 15 years in Federal Prison for losing customer funds on trades. If that were the case, lots of losing traders (Brian Hunter at Amaranth for losing $6.6B comes to mind) would certainly have gone to jail.

Was curious so I googled and the ABA led me straight to the FBI's website. Yep. Federal forfeiture law in criminal matters covers anything of value, including trust accounts and structured life insurance vehicles. In fact, they seize first and put the burden of proof on the title or account...

While I share your empathy for the children I do not share your dismissive attitude towards the parents; if they were "just bad traders" or just "collecting lavish management fees" they wouldn't be going to Federal Prison for 15 and 7 year sentences. I read the CFTC Complaint and the Court's...

A church putting $1M into a futures trading enterprise seems like the most egregious act. :banghead:

Yeah, almost always these tic reductions hurt liquidity. If this particular circumstance bucks that trend and liquidity in the ZT future is not impaired then that helps me.