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    Does changing limit size bump you to the back of the queue?

    If you decrease your order size you remain in place, if you increase it you go to the back, you would be better submitting a new order at the back on top of the one already queuing. In pro rata markets it would depend on the algo. If you are spoofing the market you can keep increasing your...
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    WSJ article about LIFFE/Eurex locals vs. Algorithmic models

    I agree, I think when the markets were first tackled on screen by computer it caused the big swings with automated stops being triggered. Big stops are much rarer now, the markets used to shut down in eurex due to too big a move, on something like non farms. Now that there are so many...
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    WSJ article about LIFFE/Eurex locals vs. Algorithmic models

    http://www.ecbotdirect.com/cbot/pub/cont_detail/0,3206,115+42577,00.html The 10yr is still on first come first serve, queue system, 2 & 5s have gone to pro rata. See the pdf in the link above for more details Actually having skimmed through that article I linked, it looks like they've...
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    WSJ article about LIFFE/Eurex locals vs. Algorithmic models

    Futures Traders Take On Next Hot Model By ADAM BRADBERY February 19, 2007 LONDON -- The biggest trader in one of Europe 's main futures contracts isn't a person -- it is a machine. So is the second. And the third. Trading systems that use complex mathematical codes to quickly weigh a...
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    Prop Firms that offer salary

    If you make the hop over to Gibraltar you'll find a few more
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    Sydney Prop firms?

    I know Matt O'Brien who used to be a refco/marex trading manager went down to sydney to help run a prop arcade, they trade local stuff and eurex through singapore. Not sure what the name of the firm is, but it does exist
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    Trading in Dubai

    Actually decided to go out and meet Eurex in Dubai at the last minute a few days ago, everything seems on track, they are aiming for end of April for the hub completion. You need to buy a seat on one of the local exchanges out there to come under their regulation even if you're only trading...
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    Eurex to Cut Fees

    The first rebates for Feb won't be through until mid march so until the firms actually see what they get there's no action.
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    new eurex data feed

    Was out in Dubai last few days meeting eurex and deutsche bourse about their new hub there so late reply. It was a fills confirmation slowdown at eurex apparently so would only be noticable if your were trading at market in those couple of seconds, you wouldn't have seen it in the price...
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    new eurex data feed

    Well apparently the biggest group of traders on it in one pro place is 12, and they're having nightmares, TT know this and are trying to iron out the bugs with them before installing it to heavier users. The testing of 300 traders all submitting orders in busy market conditions causes it to be...
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    new eurex data feed

    Most of the big London prop houses are on the new feed but as they all use TT 6 (because TT 7 crashes several times a day and hasn't passed stability tests) it's not seen in real time. Think ecco are the first to show this "real" update. The frontend software vendors are still playing catchup...
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    The best advice for a Prospective Trader

    I hope he makes it big because it will make the first page of his book more interesting, "Before I began my fund I met this guy at a dinner party who tried to offer me some advice.....":D As long as he's not under the misconception that it would be easy, then there's nothing wrong with...
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    Trading in Dubai

    Well I'm sorry you're bitter that you feel you've wasted your life and I'm happy for you that you've finally moved. I've never settled in one country for more than six years my whole life, gotta keep movin. I'm planning to stay in Dubai maybe 2/3 years, then on to the next but for now the sun...
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    how prop firm works?

    Well if I had the choice of hiring a seasoned trader with a track record - which you say you are and have - or some joker wanting to talk trading philosophy and hide their "lucky" record........ A p&l record of a few years does all the talking necessary
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    how prop firm works?

    I think you have a very good chance of them hiring you especially if you have a profitable track record, age doesn't matter. Why not send them an email? I'm fairly certain they don't pay any salary, you just get a split of profits usually 50%-90% depending on your progress. Otherwise you can...
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    how prop firm works?

    If you become a backed prop trader then you don't need to put any money down so there is no risk, you just give a cut of your profits to the firm instead. These places are highly sought after though. It's not just the leverage, it's the fact that a room full of traders can get cheaper rates...
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    Trading in Dubai

    Yes, but not recently, used to live in the Sultanate of Oman to the south in the early 90s which isn't as open minded as Dubai and absolutely loved it. Dubai was a sparse place in those days when I was first there in 1991 <img...
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    Trading in Dubai

    If anyone's interested in starting a prop firm out there here's part of the email from eurex Membership mentioned refers to direct membership of companies not individuals, requirements can be found here http://www.eurexchange.com/trading/exchange_membership/non_clearing_en.html...
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    Trading in Dubai

    Eurex are opening a hub in dubai, ready in "spring this year"
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    looking for prop firm list

    For Europe http://www.trade2win.com/traderpedia/Trading_Arcade_Index
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