Search results

Thanks for the info Over, that's what I thought/hoped to hear. Vega:D

Just heard that they may be looking for people with floor experience and wanted to get any inside info on them before I contact them. Vega:D By the way, I tried to PM you but your box was full

Anyone heard of them ?? Don't think they're a typical prop like andover, echo, bright, etc.. I believe they're floor and off floor traders at CBOE, CBOT, CME. Any input is greatly appreciated. Vega:D

This reminds me of an error we caught back when I worked for a small retail brokerage firm at the CBOE. Had a new customer saying she wanted to buy 1200 deep in the money puts on HWP, we quoted the size market and I said to her "You realize that with 1200 puts you have the equivalent position...

I was looking at the CBOT webpage to find out any more info on the debacle today, and found they have a twice daily "market commentary" section, here's what it had for this afternoon Closing Stock Index Futures Report for Thursday, 7/3/2003 Stock index futures closed lower before the...

Heard a story a few years back about a new kid working on the institutional desk at a big house. I seem to remember it being during the summer, so he's filling in for the head trader, and hits sell instead of buy on a large order. As expected the market tanks, the firm makes no acknowledgement...

That if the market continued to go lower and SP was trading down 25-30 right now, Solly would have never said anything and kept all 2000 ? Freaking bastards!!!!!!!!!!! Vega

That's what probably is gonna happen. Whoever the big seller was will get a better price, and if you bought the bottom, or somewhere near it you will either have that trade busted--leaving you short from lower--or have that price raised to take cash out of your pocket. This is all...

I think it could be someone enterring a buy as a sell with some huge size, and judging by the way everything snapped back they realized it and are trying to cover. I really hope that's all it is, otherwise someone's betting there's gonna be some REAL fireworks this weekend ! Vega

or could it be someone at one of the big houses hit the sell button instead of the buy ?? Seemed like it was going to be a quiet low volume day, but it's getting juicy now !! Vega

Used to love hearing that music as they stormed the ring and beat the crap out the opposition. And MM, 2 points for not saying that your biceps are bigger than theirs, lol !!!!!!!!!!:p Vega

I beg to differ, The Road Warriors, The Legion of Doom, call em what you like but Animal and Hawk are undeniably the best tag team ever !!!:D Vega

Forgot that you were talking OEX. OEX, NDX, and SPX are probably in a fast market more than any other product at the CBOE. Generally this will happen anytime the futures start to bounce around or the autoquote is messed up. I think there are a few people on this board affiliated with IB that...

Still schlepping around. Had to change my name cause I couldn't post as gammaboy, must've been something in the initial set-up. Anyway if I don't talk to ya, enjoy the Fourth. Vega:D

How's it going, changed my name from gamma to vega, pretty clever eh? Hope all is well Vega

If it was electronic with IB, then the only thing I can possibly think of is if the stock was in a fast market, and somehow the quotes were down, or if the exchange had one of their famous "system outtages." Vega

When and Where ???

But in a different account ? I'm assuming that the only reason you would do this is if you had two systems that you wanted to keep separate, or if they were hedges against something else in the accts. If it's just two systems-type trades and not being used to hedge different positions in...

thanks for clarifying, never heard that before. Heard of GTC, MOC, OCO etc.. but never BTC. Only thing I was thinking it could've been was By The Close, but Buy To Close makes more sense I guess, although I don't know why that would be treated differently than just a BUY to close out a short...

Sorry bout that, I was thinking of Weber Grill when I wrote that. Yes, it is Pete Millers, and for those of you familiar with the area it is located in what used to be Crawdaddy Bayou just north of Dundee on Milwaukee, place is pretty pure on the inside, I went there for cocktails and was...