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  1. ETJ

    Kim Klaiman's Steady Options

    We pretty much drove him off as we did with Ophir Gottlieb - agree with a poster or disagree with them, but it doesn't have to become toxic. Toxicity has become the tone for much of the site. Ophir Gottlieb About Ophir Gottlieb Mr. Gottlieb writes financial news for CML and also as a...
  2. ETJ

    Another famed value investor closing his fund. David Winters.

    Performance is always an issue. Regulatory scrutiny is also an issue and makes everyone want to quit at one time or another and this is a big topic at industry discussions. If I'm worth a billion dollars - he's rumored to be worth about $3 billions - wouldn't I rather retire and start enjoying...
  3. ETJ

    A controversial part of Robinhood’s business tripled in sales thanks to high-frequency trading firms

    The real questions are: Would there have been price improvement if I sent it elsewhere? Does rebating mean an actual better market really exists and is not be displayed anywhere? Was NBBO in force and why didn't the order ship if it wasn't?
  4. ETJ

    A controversial part of Robinhood’s business tripled in sales thanks to high-frequency trading firms

    There was a time Fidelity did not accept rebates. Not currently.
  5. ETJ

    A controversial part of Robinhood’s business tripled in sales thanks to high-frequency trading firms

    NBBO is NBBO - if you believe there is a retail firm that does accept any rebates - you must also believe in the tooth fairy.
  6. ETJ

    How do market makers make money?

    Since the demise of much of the human MM - what has become a big concern are "fat finger" mistakes similar to one that took down KCG.
  7. ETJ

    Looking for capital

    Geography?
  8. ETJ

    Pinterest, Zoom Shares Surge in Trading Debuts

    https://www.wsj.com/articles/pinterest-rises-in-trading-debut-on-nyse-11555601520?mod=hp_lead_pos3
  9. ETJ

    Bank of America’s Profit Rises on Consumer-Unit Growth

    First-quarter profit tops expectations; revenue was roughly flat from a year ago. U.S. Edition April 17, 2019 Bank of America’s Profit Rises on Consumer-Unit Growth First-quarter profit tops expectations; revenue was roughly flat from a year ago. Bank of America said quarterly profit...
  10. ETJ

    Deutsche Bank squeezes out investors in exchange traded notes

    Deutsche Bank squeezes out investors in exchange traded notes Delisting Thursday will leave remaining holders stranded and potentially facing steep losses By Asjylyn Loder Updated: April 10, 2019 7:13 a.m. GMT A dozen Deutsche Bank exchange traded notes will soon join the ranks of the...
  11. ETJ

    Quiet Quarter on Wall Street Hurts Goldman’s Results Trading revenue dropped 18% in latest quarter;

    https://www.wsj.com/articles/goldmans-profit-falls-21-as-trading-slows-11555328667?mod=hp_lead_pos3
  12. ETJ

    Trading Activity Stalls as Stocks Approach Records

    Muted trading volumes come as S&P 500 rises to fresh six-month high and gets closer to record https://www.wsj.com/articles/trading-activity-stalls-as-stocks-approach-records-11555246800?mod=hp_major_pos19
  13. ETJ

    Gamma Scalping 101 - Gamma, Theta Trading

    https://seekingalpha.com/article/4254075-gamma-scalping-101-gamma-theta-trading
  14. ETJ

    Kessler Topaz wants to oust ex-partner from leadership of index-rigging MDL

    VIX alleged manipulation lawsuit - a funny story of sorts. (Reuters) - When a lawyer wins appointment to lead a big, complex multidistrict litigation that will require thousands of hours of work from other lawyers at her firm, who owns that plum job: the lawyer or her firm? That’s the big...
  15. ETJ

    Tax Returns?

    Study shows Illinoisans paid a higher tax burden than most states before 2017 tax hike...
  16. ETJ

    Tax Returns?

    Live in a state (Illinois) where Salt had a significant impact, but 2018 bonuses were down big from 2017. Typical property tax for our shop was about 30K. Property tax is public in Illinois - but, the Salt cap hurt - the markets hurt more. 2018 bonuses were down over 80% from 2017 for some...
  17. ETJ

    A Storyboard Built on Citadel’s Data Exhaust

    Decent read overall -2nd biggest options MM. April 08, 2019 A Storyboard Built on Citadel’s Data Exhaust Paul Rowady Alphacution Research Conservatory Follow | Profile | More Share There is a ton of valuable data hiding in plain sight. And often, that data has been disclosed in...
  18. ETJ

    Exchange fees

    Robert's offer is very gracious - you may also want to go to each of the exchange(s) sights and get on the distribution list for their emailed updates. Ironically you'll find there is usually a fee update from one or more of the 16 every day.
  19. ETJ

    Stupid PhD

    Or another way to look at it is the Berlin Wall effect - the East Minted too many PhDs.
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