Search results

just dont tell geneva you want to trade energy options after yesterdays debacle!!

If you are stuck trading on a shitty java based exchange with no tech redundancies then all the god damn time. IPE is going to succeed but it is an utter disasrter in terms of reliabilty.

there is no comparison that you can draw between any market and power. It moves in a non linear fashion, options vols on dailiy options can exceed 300%. A quarter on a a N/Q combo is 9000. Now when it gets realy squirley the spot market trades in $10-$20 clips. The profit potential is...

IF you unfamiliar with Nordpool then you dont have a quality working knowledge of the energy buisiness. Nordpool is truly the first successful power pool in terms fo trading, even more so then PJM. The money a successful power trader can make dwarfs the money that can be made trading...

Natural gas is henry hub natty gas swaps that trade on ICE. It trades roughly 25,000-30,000 NYMEX equivalent lots per day. The mini's are a waste of time in my opinion as they are so so thin. The ICE/IPE native front end is bar none the worst trading platform in any tradinng market right...

WTI oil is open outcry with non fingible minis on screen. IPE oil is all screen based.

liquidity on the screen in natty is extremely good on the screen as is the oil. i cant emphasize this point enough DO NOT TRADE ON THE ICE/IPE NATIVE FRONT END UNLESS YOU WANT TO LOSE MONEY. It is beyond unstable and the two exchanges share back end technology. Hence when it get busy it...

I day trade both the crude and the natty on the screen. There is large liquidity in both and excellent opportunity. The mini's are a waste of time imo as they do less than 2% of the bigs volume and arent fungible with the floor. I have all the info on fees ect just pm me if you are interested.

Anybody out there know who the firms are who are clearing these products via the LCH on ICE or IPE??

domi are you kidding me?? clearly you have never been a member at the COMEX.

no worries. that being said I think that places like a GH are excellent for a young trader to learn the ropes in some rather difficult markets right now.

"If however I have mis-read you statement and you are criticizing their willingness to only allow burn-outs and failures to teach/risk-manage then I agree with you. Some people have a desire to help others and the desire to preach your own gospel is fine as long as you can practice what you...

As the saying goes "If you cant hack it in the buisiness world then teach, if you cant teach then become a coach, if you cant coach become a risk manager."

Anyone out there have an explanation why ICE and the IPE collapsed for nearly an hour yesterday? Clearly this was a serious issue but just like any exchange, and I use that term LOOSELY, they just burry thier heads in the sand. Way to help out the NYMEX.

does he know what he is talking about? Yes. Is it a brutal show to watch and is he a 5 star jerk off. No doubt about it.

I hate to be curt but for the love of god man make a decision. You have peppered this board with question after question and the reality is that every single person on here has different experiences and you will recieve different views from all. You are young and this is your first job out of...

come on in we will be waiting for you when you are ready to go "full" time.

im flabbergasted at the amount of credence you guys are giving these agreements. non compete clauses arent worth the paper they are written on. the only time they are is if you take something proprietary other than that you can move on with out much hassle. I dont think GH's is litigious and...

i was a member at the nymex and we bet a guys clerk that he couldnt drink a gallon of whole milk inunder 10 min and keep it down for 20 min. the kid knocked it back no problem in under 5 min and sat down, 10 min later he looked like the fat kid in stand by me who projectile vomited. the kids...

ICE/IPE is going to have a very hard time hurting the NYMEX in terms of oil. The NYMEX WTI contract trades 2-3 times the size of the IPE's brent contract on any given day. If and when electronic brent takes off we will see how WTI gets effected. ICE has an extremely good flow in natty...