Search results

yep, they are the organisations to look at. I have a residency application in process.

You people haven't got a clue. As someone who trades thro Refco and someone who has met Andy AKA Braveheart, i can tell you he is still trading and trading well i believe. His company was a UK limited company. He now resides in Montreal, Canada (which is currently offering numerous tax...

You really do have to watch the news... British police shoot terrorist suspect in tube station!!!!

TT plug was pulled at Refco on Monday. Now all traders using Refcopro, ECCO or RTS.

I doubt it. On Futures markets in Europe you do not know who your counterparty is.

Would depend on a lot of things! If you made them good money, if you left under a cloud, where you went next, etc. The bottom line is yes they could go by the letter of the contract and make your life hard. To my experience Refco do not, however i know another prop firm beginning with G...

Actually, Refco just slashed round trips by a huge amount. Granted we get charged at the old rate and receive rebates 3 months in arrears, (trying to encourage people to stay). But their costs are now amongst the lowest on the street. As for the TT thing, any decent trader can trade on any...

Yes and that is with every prop shop!! The desk costs, they pass onto you the costs for all software, newswires etc etc. And they take a cut of profits based on the fact that they provide your funding. If you make £20,000 a month and desk costs are say £1,600. You are on 50%-50%...

If you are a rookie you have no bargaining power. It isn't a bad deal at all for no experience, and i am sure you would learn a lot. Newsflow at Refco is top class, they are flexible in the products you can trade and i have heard the training program is pretty good aswell. Sorry you just...

Yes, i believe it was John Jackson who backed him when he went local.

If you are a rookie then let me tell you that is better than the first local position i took and that was after 6 years experience with ML. GHCO offered me 40/60 first £100,000 50/50 £100,000 to £500,000 60/40 £500,000 plus...

Oh well, at least i now know why i got hosed this afternoon. Thanks for that Mike.

believe me, he knows!!! Hey, Mike what was with the 10 yr today. Got wood thro 11215.5 and never looked back. Chris

None of you have mentioned the one thing that has moved oil in the last few days. The potential strike starting midnight on 21st June by oil refiners in Norway. This happens every year. Each year government appoint arbitrage and once strike is averted the the price drops off. However they...

No way, you seen the way the bugger is moving. Starting having a look at oil 2 weeks ago. I love it. But bread and butter at the moment is US 10yr. Who is that by the way? Send me a PM. Chris

Looks to me like the market got spooked by the jump in oil prices!! Almost touched $4 higher than Fridays close after the inventories data today.

Mike, Watched the first spike yesterday morning. The Bund 75 offered for a couple of hundred, the usual offers all the way up (minimum 1500 per price). Suddenly someone comes in with the order, we are 80 bid, must have taken out minimum 7000, another couple of 1000 brought around 79-80...

No Magnus, the editor was one of the founders of MacFutures, they then as a group sold to Refco.

Agreed entirely!!!! Like this morning. They called out the Issing story aswell as the denial when bobl was at the high. I have spoken to four other local shops today and not one of them had that when we did. Chris PS Millwall are scum!!!!

Spanish Bono's and Matif Notionel died about the same time. MATIF tried to list a Euro Bond Future, but since DTB (which then became Eurex) had already rolled liquidity from the Deutschmark Bund into the Euro Bund, it was a failure.