Search results

Whatever man, he lives to torture Don Bright and nitpick at a firm he wish he managed. And when something's reciprocated back to him, he obfuscates stupidity. Just an observation.

All you do is play dumb and gawk and provoke.

Dumb and dumber had a sequel.

i think u lost the argument there. thanks.

Bingo. Dodd was moot. u would think with all that happened in '08 and regulation on the rise things will change. May '10 tells another story. The cancer is still malignant.

ur getting warm.. keep thinking, keep typing.. it'll come to you soon enough!

name 1 trader or group at your firm who made $100 million a day everyday for an entire year with the exception of 8 days. ok, make it easier for you. $100,000 a day.

who says the fed and gov't doesn't control the markets. ooh ooh ooh conspiracy!

(Whoooooooooosh......) no, that wasn't a bird that just flew by.

yeah of course they're regulated. Banks print $100mm in market making each day cos they provide liquidity.

Messhugunuh. the rule passed when they figured out the markets controlled by subpennying prop algo's. Frankenstein. IT'S ALIVE!!!!

Anyway, i'm done. this thread reeks of narcissism and ego megaphoned by a few tiny little boutiques.

Prop trading is banned at banks. Have you connected the dots yet.

and why did they ban prop trading at banks, cos of large systemic risks. well then conveniently call them market makers, loophole it and watch markets systemically collapse via super leveraged liquidity bubble. (i'm still on the recent thread topic).

No, hardly. I trade prop. you're totally missing the point. stick with the why the fuck did markets fall that day debate. it's cos market makers are prop traders in disguise selectively fulfilling any duties they claim to. Prop traders don't claim to making markets.

But they ARE saying they are NOT. You think Goldman will say their market making is prop trading?

Wrong. GS's golden goose is sigma X market making.

This new "liquidity" claim is flawed. you remember labranche, ven der moolen, fleet? they weren't printing $100mm a day making markets.

if the HFT'ing market maker looks like prop, quacks like prop, it is prop trader.

people are rewriting the finance dictionary.