BTW VP, you can use the Daily OHLC study in SC to do the yesterday's open/low/high/close, etc. stuff automatically. I just set the sub-graphs to include the name label and give each sub-graph names like 'PDC', 'PDH', 'LOD', 'HOD', etc.
BTW, there's an existing thread from 2010 that even starts out with almost the exact same points:
http://www.elitetrader.com/et/index.php?threads/trading-without-ego.204587/
Yep the moral hazard and conflict of interests are completely obvious and unsound. It's mind-blowing (well, not really), that the CFTC isn't pursuing *that* as a real issue.
Exchanges should be nearly 100% impartial with no vested financial interests in a way that could provide advantage to a...
Extremely unlikely. You're treating this like some kind of James Bond movie - which is playing perfectly into the thesis the media has laid out for you.
You're approaching the problem wrong. You're thinking of the CSV format literally when you should be thinking like a library user and using a pre-provided API so you don't waste time on these micro-details *and* can stand on the shoulders of the library writers who've already done all the hard...
He doesn't even have code that works yet.
Make it work -> Make it right -> THEN make it fast.
Additionally, I highly doubt CSV processing is going to be some major bottleneck here - and the second it involves anything non-trivial such as embedded commas or quotes it's going to go off the...
A major tenant of trading is trading where the opportunity presents itself. If you want to trade during those hours you trade the Nikkei or various others on SGX or HKFE. Note: I'm talking about futures not equities. Even if you think you know the companies or are familiar with Philippine...
Having done a bit of Asian session trading I can tell you that its not worth the time unless you're planning on trading Asian markets. The real volume doesn't pick up until around 0300-0400ET, atleast for the stuff I pay attention to.
He's basically arguing that more margin is good because it allows people to plow more money into the market. You could have made the same argument/observation in Feb/March of 2000 (about a month before "shit got real").
Ridiculous non-critically-thought simpleton logic overall.
I'm not a python guy but I've seen this non-language-specific anti-pattern many times. It's called the "Parsing CSV With Your Own Parser When You Should Be Using a Built-in or Pre-existing CSV Parsing Library" pattern.
Here, use this:
https://docs.python.org/2/library/csv.html...
This is simply alarmist at best. The computer does not learn to collude. It's either taught from the beginning how to do that or it does it purely based on coincidental factors. Until algorithms have the ability to learn (not statistically learn, but truly learn) and reimplement themselves (*at...
For the guys who do native exchange traded spreads are the commissions usually double to account for both legs? Is it treated as a real separate instrument by the exchange where each leg cannot be managed individually or is it really just an exchange provided instrument to remove legging risk...
I can understand how the trust fund kids would be pissed off but this doesn't seem like an IB problem whatsoever. It's an issue with the trustee and purely the trustee.
Probably very little. Investors are not sitting there watching DOMs. Bots and traders are.
You're better off asking how many investors have been driven out of the market by HFT, dark pools, flash crashes (the major 2010 one was not the only one), busted trades in Big Money's favor, order flow...