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My only question is did internet speed and availability get better in 2015 as a direct and demonstrable result of Obama administration regulation ? Speaking for myself, I didn’t notice any difference. The bigger problem as I see it is the municipal franchise system, which exchanges the evils...

Not Marty. It would be an opus. I took a class (sponsored by LIFFE) that lasted for one week just on LIBOR in the 90’s. And it wasn’t strategy specific. In the late 90’s I took the DTB Eurex test and the study guide was a pretty thick binder. As I recall, about half the people that took...

I used to trade inter market interest rate spreads exclusively in the 1990's and early 2000's - now 95% of the interest rate trades are intra market spreads like a Eurodollar butterfly for example. It's just easier to model and trade for me. Same holds true for most of my clients - they seem...

Interpretation: Interest Rates are a giant rabbit hole. In fact, the best known texts on the topic are about as thick as a 1980's NYC phone book. There is no way I could possibly expend the time and energy to type up a lucid, complete explanation of bank rates and corporate debt rates. One...

http://transition.fcc.gov/Daily_Releases/Daily_Business/2017/db1128/DOC-347961A1.pdf

If you are accomplished with code there’s probably a dozen Chicago or NYC proprietary futures firms that would interview you in a support capacity. These firms risk only the firm’s capital, you are paid as an employee on a W-2, and the business model is very different than most equity prop...

Yerp.

If someone out there is using EW or some other cyclical count study successfully then by all means please share specifics.

I typically model intra and inter market Spread correlations over an OTR 2 year period. Personally, I will not use a Spread combination with <93% positive correlation on Daily marks - this is my own screening requirement to drill down and investigate further.

CME (and a few FCM’s) has a downloadable SPAN margin calculator for inter and intra market futures spreads.

If you’re still an active trader, and you’re making a notable time zone jump into a completely different setting I would almost recommend that the trader rent housing and an office space month-to-month before making a more “permanent” move. Alternatively, I’ve seen traders buy vacation or...

Well if you're still trading with any serious regularity time zone and ECN infrastructure would be important. Now my next point is very individualistic and personal, but I have seen some traders not do well when they make a serious move in locale. It just seems to mess with them somehow...

I would suggest that you watch the crack spreads. That (those) fundamental relationships reveal a great deal of information with respect to what is driving CL, BRN, GO, RBOB, HO outright pricing. http://www.cmegroup.com/education/introduction-to-crack-spreads.html...

Just as a side note, from my perspective fundamental news releases have for the most part had a rather muted effect the past several years in the US hydrocarbon space - my own personal theory is that there is just so much freaking supply in North America that it tends to dull the effect. North...

Here is a Eurodollar Condor that I shorted late in September and got taken out of it last week. Not sexy, quite pedestrian and very low margin ( maybe $100 for a 1x1x1x1 ). To take several full tics out of a really timid low vol position works just fine. Somewhat unusual for me in that I never...

There is the niche specialty of FTR (financial transmission rights) that many consider to be the most complex and highly modeled genre in power trading. These are, literally, financially settled rights to transmit power over specific transmission line nodes at specific dates and time duration...

Not that I’m personally aware of - again, very deep pockets. This is like choosing to snorkel off the Farallon Islands during seal calving season. I am not aware of a more volatile market - including cryptocurrencies. I have literally seen daily vol at 1,000% during July and August. I saw a...

The power markets are quite segmented and colloquial - regional FERC RTO/ISO's do allow approved and vetted 'marketers' to provide liquidity in the real time and next day LMP markets (INCs, DECs, UTCs, that type of thing) which is essentially an OTC bilaterally cleared market run by the regional...

Not a good way to go. Yikes. RIP.

Marty, I take your points. The impetus for my post was to give smaller spec account spread traders another option to consider.