Search results

Whatttt ....... No no no, say it's lie!!!!

In a port city I was in, the unions went on strike for higher wages. One of changes was that much of the cargo was now containerized and was harder to get into by villains. The newspapers then called it a demand for "pilfer pay". So far the main argument is that in the old market making days...

Zerohedge reports at http://www.zerohedge.com/news/2014-04-03/bats-admits-ceo-lied-about-hft-cnbc " .... O'Brien stated that BATS priced its trades off 'high-speed' data feeds when in fact they price their trades off a much slower feed (and therefore 'enable' the exact HFT-front-running that is...

So to clarify: Dark pools aren't bad but if front-running of customers (or other abuses) goes on in the unregulated dark pool, then this is bad.

I have explained these ideas years ago, but this is certainly true. NBBO must be accurately time-stamped and distributed to all parties equally, or there is no such objective finite concept. Who here wouldn't trade a 100 shares if we knew for sure that we could sell/buy later to an latent order...

Could you explain what is bad about dark pools and internalization? (I have no position on these items.) Didn't both arise because of the same front running issue we are talking about here - just done by humans originally?

I disagree. I made a trade some 5 years ago when I hit the bid and was only filled for 2000 shares of the 14000 showing and the bid-ask moved. I phoned in and asked how this could possibly be and we went over the exchange published tape together at the precise time. It was a holiday eve and I...

My research has uncovered this gem: Rule 603(a)(2) requires that any SRO, broker, or dealer that distributes market information must do so on terms that are not unreasonably discriminatory. These requirements prohibit, for example, a market from making its "core data" (i.e., data that it is...

At the 2 minute mark of the CNBC tape between Katsuyama and Lewis there is an odd exchange (IMO) to a basic question - how do you price trades in your price matching engine. (That is where the market exists, not on the tape.)There are two answers given to the same question and one answer is...

.... and there is no truth to the rumor (yet) that those who mine bitcoins are asking for a ban on senators! My guess is that the biggest issue is the shadow banking system. With research I am still not able to quantify the threat to the worldwide banking system it poses. An alternative...

Yup. Too big to fail is simply another example of changing reality by passing laws. We just make it illegal to fail and everyone wins. Next up, a law making it a crime to be poor - whoops, too late!

By qualitative easing, I meant rather than throwing tons of money at the problem and hoping for the best, they would begin to target and plan a recovery for the society using a real strategy. Just like a company or individual would do if they faced a serious problem. It's unlikely that the...

Of course I was speaking in analogy as an example of how I think about opportunities. I will never trade for you, nor will I release any information on my actual positions since it is not relevant to your trading. (in fact only one person has seen live trades on this site as far as I remember...

Here is one fellow (a freeman) who actually settled down. He ended up in jail. http://www.ctvnews.ca/canada/freeman-on-the-land-tenant-arrested-by-calgary-police-1.1473184

BTW, my XP leaves my network at the net of this month and will be used with Ethernet cable or in hotels only.

Just a few notes that might jog some ideas for you. I have had my xp attempt an infection of my Win 7 (rootkit style) over the network before. When I caught it, I removed all old java and adobe programs that were left behind that some of these viruses run. My Win 7 runs a medium high level of...

I am watching the sanctions go back and forth and can't help thinking of Albert Einstein. I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones. - Einstein

An answer to one of the questions I asked in the past finally appears in this thread. So they did know the answers, but didn't answer it. Probably I wasn't clear enough in my question. (I guess I should have asked Martinghoul.) Without giving away too much, IMO in this statement, there is an...

Janet Yellen talked about qualitative easing today. Any ideas for her to get the ship right are welcome in this thread: http://www.elitetrader.com/vb/showthread.php?p=3954647#post3954647

Interesting comment from Janet Yellen today about qualitative easing. Qualitative easing was first talked about in 2012 on ET in this thread: http://www.elitetrader.com/vb/showthread.php?t=251196&highlight=qualitative+easing&page=4 The first step in fixing an economic policy is to admit it...