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And Boeing is reaping the whirlwind for it’s stupidity. The stock price has been sodomized accordingly by capitalism - I’d guess orders of magnitude more off the market cap than whatever they saved on software outsourcing. And reputations in safety-sensitive manufacturing are very difficult to...

I have probably given all that I can give to this thread unless some ET’ers with legit professional futures markets DOMs like TT, CTS, CQG IC can join the conversation. Out for now - unless some active futures traders appear who can relate.

And as you’ve suggested a trader certainly doesn’t need a ‘market delta’ or ‘footprint heat map’ or any such superfluously marketed tool for that. When you see a bid trade out, go hard sellers offer - then see the next best bid start to trade you should know what to do in a fraction of a...

As a speculator yourself it’s a given that the counter-party trade activities that matter to you the most - the large spec accounts and Commercials are using very sophisticated software in order to execute large positions with the smallest most inconspicuous footprint possible. Some of these...

No better than time & sales. Hell a tick chart can differentiate between chop and liquidity taking for that matter. But yes the ‘heat maps’ are pretty. Market Profile is very good but it requires a fair level of competence on the part of the user.

Here’s the thing - each futures order, whether filled or not, has its own unique exchange identifier TAG. And no one outside of a handful of internal exchange compliance persons are allowed access to that information. There is no way that a third party tool could accurately sort out and...

And this is why I tell people that ‘market footprint’ and other kinds of DOM analytics are worse than worthless - they’re quite misleading IMO. Big Commercials have very sophisticated Iceberg Order tools to hide their tracks. And the gamesmanship by spec traders is rampant - spoofing, order...

Bob, I take your point - I was referring more about the regulated futures market (specifically the CME) as that is where the lions share of these CFTC compliance actions for spoofing are being referred from.

It doesn’t matter what my opinion is about regulatory efficacy. I can only expend energy on what I have direct control of. What matters to me is that: 1. I personally don’t need to game the order book, and 2. Securities Attorneys are very expensive - $500 per hour and up.

Hmmm... When I saw this thread I was expecting discussion about price to earnings ratios and cumulative analyst buy/sell/hold recommendations. :confused:

It doesn’t really matter what you or I personally believe - what mattered was what the CFTC and the SEC told legislators in 2010 in response to the flash crash. Why do you think something so esoteric as “spoofing” made it into Dodd-Frank? And please tell me who the “designated market makers”...

At least two posters here, including the OP - don’t seem to understand exactly what “spoofing” is. At least the abusive automated spoofing that the CME has been so aggressive at curtailing and which the CFTC has been issuing some rather eye watering fines over. The abusive spoofers are...

I started out scalping Bond futures. There is so much “spoofing”, flipping, order-crossing and gamesmanship going on with electronic order books that only a fool would try to interpret anything from depth-of-market. All you need to scalp ZN is to understand how highly correlated markets (both...

Why didn’t the Bank and Ratings Agencies executives get prosecuted?

Carbon emissions for steel production in China is twice what it is in the United States for the same quantity of steel. While Chinese steel is used for plenty of price sensitive commodity consumer items - there are a myriad of critical engineering spec applications where German, US, Japanese...

I am seriously starting to doubt it. Any Dem Pres Candidate who survives the nomination battle will be so left of center and so purged of any moderate centrist policies and goals and stated ideologies that I’m not sure anymore. Common working class voters are smart enough to ask how the hell...

There will be no “center” aspect left to Joe Biden. Any moderate tendencies he once had are currently being eviscerated by the Democratic Party purity test. I like Yang personally, but he ain’t going to get the Dem nomination. Neither will Tulsi Gabbard, who I also like. Even though it was...

This is exactly the type of nonsense that got Trump elected. Democrats seem utterly determined to give Trump four more years. It’s hard to imagine an issue that would alienate Rust Belt working class voters more. Pension plan and 401K administrators will surely weigh in on the costs, and...

Well, here’s a few consequences to further consider: transaction taxes are passed on like a VAT - Wall Street doesn’t pay for those taxes unless it’s their own proprietary trading; it discounts the ramifications of a freely made personal choice; why should someone who majored in a hard science...