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I plan to be crossing b/a, I just don't want to get filled on one leg and not the other.

Thanks as well

Thanks, I will take a look.

Hello, I am interested in executing a trade in multiple assets at once. Obviously what matters is the spread price between the assets and thus quick execution. What are the best ways to execute multiple trades at once (they get executed as close to each other as possible) on IB? Thanks!

So third party be vendors upload their algos to Vela or do you work for Vela? This world is getting smaller and smaller. I just had the craziest story, but not sure if it will give away my identity...

Wow talk about good luck. Just found a job posting that fits exactly what I am looking for and I have the exact skills for it. It's like a perfect match. And yes it's OMM. Things are looking up.

In the mean time, I have an interview for an "execution" trader at a decent mutual fund company. That's gotta be more dead end than anything else? As at the end of the day I don't get to make any decisions, take on risk, manage portfolio, etc...

Yeah I plan on trying again but I get so bored talking about what classes I'm taking, what's my background, who's a good professor, where do I live, standing around in a circle and nodding my head, conversations about nothing, etc... Even without networking, I've learned a lot in Bschool so it...

One of the schools around the Chicago area.

Yep realized that a bit too late. Originally went to bschool thinking to do something else, but couldn't find anything interest. I'm taking taking as many quant classes as possible. If I did it again I would have gone and done fin math. Tehcnically i can still quit since I'm only just over...

Good to know. I've never seen a VaR number so that makes sense. Only G/L on different vol curve scenarios and underlying moves.

I never said I'd ask what position limits are. On a per strike basis, generally won't exceed 2000 lots but even then, what does that matter. It's the Greeks, which I can give a range that I will operate in.

I guess what I am asking for is, given the information I have, aka position size, net liq balance, possibly VAR, how do I figure out how much capital I would need?

Hmm...given how hard it is to get a straight answer, maybe they won't even ask the question. I guess I imagined that trading, like any other business, has investors and requires a risk/return profile that makes sense. Because of that, I would guess the firm would like to know how much capital...

What's ORC, the trading platform? All I'm looking for here is pitch advice, and the last thing missing really is the risk return profile of market making. Basically how much capital would I need - I can't answer that. I will talk to you guys when I get a job if this thread is no longer...

I'll try what they recommend - reaching out to a HR coordinator, but DRW isn't a primary OMM firm so I don't know if they have OMM software. We can always use third party software but I'd be facing the same issues as I am today although at least hopefully I get to manage the sheets the way I...

Getting the interview is the hard part for me, unfortunately. I'm not good at pitching myself, either on paper or in person, so looking to try something new.

Thanks for the advice. I am looking for something very specific, which is option MM. If not that, some other type of option trading. And other types of trading after that.

Interesting, so they just take market values as true and hedge to the best of their abilities?

I'm 100% committed to trading and if that doesn't work, maybe I'll look into some quantitative finance related role. I don't mind working 80+ hour weeks for the right shop. It's not the hours that's my problem. It's how to pitch myself since my biggest weakness is networking and interviewing...