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I thought LNG only comes here when price gets rediculously high? Why would LNG be on the way from Asia with price in the $5s?

I was under the impression there was no more coffee floor trading. Am I wrong?

CME globex you can, but i don't know if there are any products are exclusive to globex. ICE has products that only trade on ICE, and aren't fungible with other stuff. Nice move to kill the NYBOT floor!

Wow!

What happens if you have a position in a market that only trades on ICE? Softs etc...

Guy(moz) had the balls to take a holier than thou stance in congress against paulson for shorting the shit out of the crap this a-hole was slinging! meanwhile, he was selling his shares the whole way down! this guy should be locked up forever.

study bonds, sec acts/laws, margin rules, and basic options.

so you think that soros made 3 bil on 20% of returns on a 17 billion dollar fund that returned 30% last year?

I enjoy reading these articles, but I think they give people the wrong idea. They put a number on there and say top paid fund managers, making it sound as if they are making that money from the "management" side of the business (the typically 2 and 20 side of the business). They're not. Look at...

Don't forget "my daughter won the very same contest and went on to be an oscar nominated actress!"

Not MF, MBF. Its basically a prop firm on the floor of the nymex. Alot of their guys - RBI Eric Bolling being one of them - make a shitload of money. Joe T is sort of a risk manager type and I think his title is "Head of trader development". From what I've heard, he never did particularly well...

Its a good point. The deal hasn't been approved by shareholders yet, but it didn't read like the type of thing where they had much of a choice with all of the considerations jp was getting.

bid is not a $2 cash bid, its .054 shares of jpm/share of bsc.

Fine, if you want to say the middle office guy has the 'best chance' I will reluctantly give you that. But that best chance is still a very slim chance at best. In response to your point of it being an expense to go outside to look for replacements, well, I know at least 3 or 4 headhunters...

And the bottom line is this....why not just ask the hiring manager "what % of people who take this role become traders here?" That will tell you all you need to know.

HA! Thats the whole beauty of that part of the business. Depending on who you talk to, different parts of the historically back office functions have been given this fancy new title in order to attract (fool) people into taking them. This way I can take a job doing the exact same thing as...

This is not correct. Mid-office (I think this is a name that replaced back-office so that head hunters could get people to take the job) is far far far more often a barier to entry into trading than you think. At most firms it is beyond a long shot. In all the people I have ever known in...

Whats the all time high on TED? is there a way to see a long term chart on it? Whats a good read on trading interest rates futes?

anyone i know in commodities uses cqg.

I think the fact that ambac is still aaa shows once again how freaking useless the ratings agencies are. they'll throw up that 'negative watch' crap. How good is a aaa credit if the only thing holding it up is a future bailout? It's pretty rediculous.