Search results

Curious as well, who is the 1.75% option?

Show me a hedge fund manager of any size who backs up your claim. This is stats 101 my friend. No need to believe me but you can believe everyone who has ever taken an undergrad level stats class, a set of individuals that clearly doesn't include thenotsogreatgatsby. Again I think you're...

Like that interweb thing, a big yawn.

Where do you get this nonesense from? Have you any background in statistics, or are you just making this up? Picking a random smaller subset of a large group of stocks always leads to a poorer risk adjusted return, that's the bedrock of modern portfolio theory and not disputed by anyone. Maybe...

Its probably worth reading Epchan himself on this topic then, http://epchan.blogspot.com/2012/03/high-frequency-trading-in-foreign.html To summarize, its exlusively the domain of high frequenc traders and even he doesn't feel he has the ability to do it. If you are talking about trading...

IB interest rate or roll calculation for spot FX is awful, so be sure to take that into account if you're holding overnight.

Quantopian.com

This is an incorrect midset that the government appears to share. If I bring over $10,000 in cash across the US border I have to declare it and they may freak out. If I bring a credit card with a $100,000 limit across the border and spend $100,000 the next day I don't have to tell anyone. Or...

Also keep in mind that spreads aren't charged order cancellation fees by any of the exchanges, so its a good way to get around them if you can adapt your strategy to using them. The advice to just hit the bid or ask is horrible in many cases. For example, SPX options often trade with very wide...

Leverage isn't a magic word! You're not going to find tradable arb opportunities in forex, full stop. Maybe you don't define arbitrage as a risk free trade exploiting differences in pricing for fully fungible securities? Because that isn't possible for a retail trader, leverage is irrelevant. If...

And earned $24.2B. An absolute number with no context like that is worthless. The article is similar rubish, with no comparison on PE returns vs other returns with the same variance profile or the correlation of PE returns with the rest of their portfolio in its impact on the total portfolio...

Um, from the first paragraph of the link you provided "SOQs are calculated per normal index calculation procedures except that the values for the respective components are taken as the actual opening auction values for each of the component equities at either the NYSE or NASDAQ." The rest of the...

If you do the math on an example you'll see that all benefit comes from putting yourself in the lowest tax bracket when you pay the tax. If your tax bracket is the same when you retire as now, you're mathematically indifferent to either structure. Intuition leads you astray here because you feel...

Y You are up against a bunch of really well funded smart teams doing exactly the same thing, and as you found out able to do so faster than you. If you don't have an edge, you'll be hard pressed to beat them at that game.

So you really don't think the op was confused about the way that AM SPX options are settled? That seemed pretty clearly the question to me, hence his confusion on why the settle price was outside the actual index trading range, not when the email came or what the settlement symbol was. Maybe...

Again Bob, you didn't actually answer the guy's real question, which was based on his not understanding how AM opens happen. If you're trying to build a reputation, you're shooting yourself in the foot. I'd recommend you focus on half as many replies, but make those thoughtful, complete answers...

Settlement is the open of each stock in the index, not the index itself. Common rookie error with SPX and the reason not to hold it to maturity unless you're actually hedging the entire underlying basket of stocks or have some other compelling reason to want that type of settlement. AM settled...

Yeah, vast conspiracy by a government that I bet you also feel is completely incompetent. How do you reconcile those conflicting views? BTW, a large number of gold mines in the US are on government land. No need for this crazy talk, if they really wanted to be in the gold mining business they...

Its always pushed, the overhead would be prohibitive with polling. JSON is a more recent format but AJAX is also used. Again, this would have to be asynchronous, so no calls at set intervals.

You know you do this a lot, answer without actually reading the question and as a result completely miss the point. Not trying to be a jerk, but it's at least mildly annoying and it doesn't help your reputation which is I'd guess is why you're answering all these questions in the first place...