Search results

I used to be a Nasdaq MM and the rules (at the time our firm was shut down) were about 6 months after supersoes had been intrduced. AS FAR AS I KNOW (it could have changed with who has to interact with who), backing away was impossible b/c a MM firm set a price and a reserve quantity. As soon as...

how is that possible? a year? I can see a few days, weeks, months.. It seems like it would have at least worked for a while.. unless that "swooooshing" sound was your sarcasm going over my head.....

I am assumming you mean an indicator or the SPU'S? THis is what I basically did, I havent really had the chance to test it yet, but eyeballing it, it looks pretty good. (Dont they all in theory :p ) I looked at a nasdaq stock and messed around with a combination of Mov. Avg's and diff...

I am in favor of the spec. providing more of a compliance/mediator role.. Give him a decent salary around $200K hire him an assistant for $85K and let them get paid a bonus on how well they match up the crowd buyers and sellers, WITHOUT making $$$ in their own account and whipping the stocks...

Is it common to create a tech. system that works for a specific tike of stock? for example, we all know that NASDAQ trades diff than listed, and diff. nasdaq stocsk correlate more with the SPU's than others, stocsk have diff. spreads, etc... Taking into account all the characteristics that...

well tecnically they cant, but they have rules they can use in a "fast market" to reduce the direct+ obligation they have. Basically if teh market takes off or the stocks takes off, they place littel symbol next to their name in teh box which designates they are not obligated to give prints to...

I tried to download it but only got the icon...

good point. I believe you will see this sooner or later... It is really an avalanche effect, once the listed ECN order flow begins to pick up, it will attract new clients and provides more liquidity, it will snowball from there, by attracting more intitutional clients, increasing the volume...

the simple fact teh the specialist really has the best idea of where the stock is going (crowd) and disguises is routniely in the effort to stop out everyone is enough reason to end it. besides the fact he an hold your order to "wait and see" where the market is going is bullsh*t.. In...

yes, but with the software and spreadsheets used for opening orders, a trader can basically load the whole universe of NYSe stocks into a batch.. Not saying it a wise thing to do without doing your homework, but the ability is there...

take the MM job HANDS DOWN.. 1) you can always go prop, MM jobs are hard to get.. 2) MM pay a salary, most props dont.. 3) The MM game has changed, but you can still make $$$ if you work for a firm that has good flow (customer base) Now many will argue my #2 point with the "unlimited...

honestly, it isnt the best time to be a sales trader b/c customers now have the option of using ECNs to fill order as opposed to the years b/4. This means cheaper ways to execute their trades.... Unless you have ESTABLISHED accounts which you dont b/c you are new, it is harder to break...

has anyone tried this with equities with any positive results?

just when you thought it was getting better. afternoon system crash happened....

For me atl least nothing good EVER comes of BVF...... EVER....

Everyone here in the NE tells me that. Personally I think they are overated. I hate the winters with a passion and do like the the springsummer and fall, but teh winter itself is enough to make me leave for a summer area all teh time...

How 'bout Palm Beach (for a late 20's single guy)? I am surprised I havent read anything about it yet (or I missed it).. It is near Boca if I am not mistaken, so maybe people are lumping the 2 together? Is it a good balance b/w the hipness of S. Beach and the quieter side of Boca?

Betcha glad you didnt end up there! (I used to work for NDB upstairs from them. Our doors also shut)

I am a recent convert to listed stockfrom NASDAQ so bear with me. When you say it was easier to traade what tricks are you refering to that the new spec. used. Did he always hit stop orders and then swing it back to where it was trading? Did he sit a penny in fron of you all th etime...

I understand why you are using tighter bands to get fills, but your profit potential seems so much less and and your risk much more.... Maybe I am thinking backwards?