Search results

First Op was sold to CB who owned it in 87. They bought it back post-crash. Splitting hairs, but FOC was still an ongoing business and reacquired the pieces from a CB post-crash. The issue wasn't solely the loss, but the Feds said they could hold equities in the error account. Best trade...

Another great story is the book The Predictors - now we're talking hundreds of millions of dollars.

@FSU do you mean Continental Bank ? I don't recall a First Op story.

Traders Tales by Ron Insana. The OEX story is pretty crazy.

Great recommendations - Trent Cutler has a great habit of dropping everything to spend time with a candidate. Just the consummate gentleman. Used to split his time between SF and Chicago. Parallax is both a fund manager and a huge volatility shop. They were among the firms that lobbied hard...

Mark raises some interesting issues, but let's get past that. Say stock is $47 and expiration is PM this Friday. You're long the $40 calls and short the $ 45. $10,000 cash in the account. Your broker will see a contrary exercise notice and if they are any good they'll shoot you an email. The...

Amateurs Pile Into 24-Hour Options: ‘It’s Just Gambling’ Rookie speculators try to strike it big on short-term investments that often act like lottery tickets By Gunjan Banerji Sept. 12, 2023 12:01 am ET 158 RESPONSES Explore Audio Center Lucas Sommer woke up around the time the stock market...

Short Sellers Reap $13 Billion on Gaps in Winner-Take-All Market; Bets against smaller-cap stocks pay off despite broader rally; Shows gulf that opened as big tech stocks drove market's gains Carmen Reinicke and Alexandra Semenova - Bloomberg Short sellers are raking in profits by betting...

Just showed up in the mailbox. Not an endorsement, but they want your contact info. https://www.madhedge.com/?source=dpmtm&inf_contact_key=05183256ba874ac9db33999ef44370a0680f8914173f9191b1c0223e68310bb1 It is free so the natural assumption you'll get pounded with offers.

At a bear minimum hold fees down, competition for the NBBO and possibly adding liquidity especially for IOs and over linkage. There can also be a disadvantage if they fracture liquidity.

An MM or any exchange member would need to be employed by a BD. No compliance officer would also them to post up on YT. These are bullshit.

Tax advantaged only pays off off for a few states where over a 10% state tax exists. Also comparing a 30 day rate to a one year rate.. The last auction the intermediate stuff fell below 5 so reinvestment risk puts a yield hungry investor at a disadvantage in the 30 day product. Comparing bid...

Almost funny, but truly sad. https://www.cftc.gov/PressRoom/PressReleases/8772-23?utm_source=govdelivery

https://www.cnn.com/2023/09/09/politics/us-oil-iran-china-doj/index.html?utm_term=1694305829711673b916dc621&bt_ee=j2l3t4VWEPhXfgnf8%2BvQ8d9BfHl7lShU4uHE4o9YkdMN297uscEzgyBNzdEqLljv&utm_medium=email&utm_source=cnn_In+Case+You+Missed+It+-+ICYMI&bt_ts=1694305829715&bt_alias=eyJ1c2VySWQiOiAiNmNiYzc5Z...

Talk to Matt at ORATS.

Why Wisconsin’s Pension Chief Earns Eight Times the Governor’s Salary Retirement fund staff are among the country’s highest-paid state employees Illustration by Alexandra Citrin-Safadi/WSJ; Photos: iStock By Heather Gillers SEPT. 09 Wisconsin last year paid Edwin Denson more than $1.2...

https://www.wsj.com/buyside/personal-finance/six-percent-cd-rate-d4b39c23?mod=wsj_hp_buyside_pos1

https://www.nasdaq.com/articles/nasdaq-gets-sec-nod-for-first-exchange-ai-driven-order-type

One of our teams has used them - only recently. Lots of good reports. Derivatives only.

Wall Street's Fear Gauge Due for 1100% Jump, Some Traders Bet Carly Wanna - Bloomberg The CBOE Volatility Index hasn't popped above 35 all year, but some traders are betting it clocks 180 over the next few months. A trader paid $30,000 Thursday for a brash wager that pays off if Wall Street's...