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NO, pit traders can take down institutional size. What do you consider size? I didn't trade Eurodollars options but clerked there, they take down plenty for most of the paper coming into the pit, everything else trades otc. Traders in that pit are well capitalized, after all, some of them...

Considering Illinois went Dem in the last election, don't you think Bush will stick with freemarket principles in this area?

Your quoting an article from Oct of 2001? What do you think of the article I posted previously in this thread?

The Dow does look ugly but I looked at bunch of charts on tech stocks and a lot of them don't look bad. I'm kind of leaning towards the bullish camp in tech. Of course, my only position right now is a short in IBM. I've read Fleckenstein for too long.

Favorite: Long at the money options with which to scalp gamma; short out the money's at a ratio to the upside for a hedge.

I noticed a wedge on a European index last night which scared the bejeebus out of me(I'm short). Five years ago, I bet with a similar thing(while trading in Europe), but then again, it was a bull market.

You guys forget, the German exchange went sideways in market share in the Bund for a couple of years, when it shifted, it left the Liffe in days! A couple of people have made the point that the S&P is licensed, a valid point, but the Eurodollar isn't. What is the most heavily traded floor...

Disregard

They don't need to huddle around one or two screens, they are freakin massive.

Call Schwab.

The American operations won't or their Aussie operations won't allow you to open an account?

Nope, blew out a couple of years ago(fuck, it's been three). It seams like Chicago is a bane on my existence. I'm not familiar with how the BOX will handle spread orders, but it will probably be an improvement upon the current system for small lots.

Oops, I don't mean to say that MMs are actually at those markets and not trading. The point was to say a good floor broker would try and figure out a way to get it done between the markets. This could mean putting up a bid and then taking out an offer or trading each side with a different...

From your post, I assumed you were their in last in the early 90's.

Nope, the market changed since you were there. What incentive would a DPM broker have in putting up a bid to leg into your spread when it takes away potential profit for his firm. If you want fills, increase your size by a hundred(well, maybe twenty or thirty).

I think a lot of the guys who would be able to get these orders done are now gone or working for DPMs. Isn't it funny how you could carry a position with a couple of thousand option contracts and 100,000 shares of stock being a MM and yet, as a customer, barely be able to sell a ten lot...

The London market does seam like a bubble. I heard a lot of the buying is for units to let. With Investment banking staffing levels back to levels of 6 or 7 years ago, it doesn't look good. If your outside a bubble area, housing prices historically have a volatility of around 6% which should...

It is my understanding that you can open account with an Aussie based brokerage but not trade U.S. securities. Besides TD Waterhouse, Etrade also has an operation there. Schwab also has an international trading desk that covers a lot of countries.

Wow, Egar is pretty expensive. How much does Microhedge cost these days? That is the only one I've ever used besides some old DOS based programs.

Eurex vows to launch US exchange By Jeremy Grant in Chicago Published: January 10 2003 0:29 | Last Updated: January 10 2003 0:29 Eurex, the German-Swiss derivatives exchange, on Thursday night said it would launch a derivatives exchange in the US in an immediate response to rejection by...