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According to the CME website (http://www.cmegroup.com/trading/equity-index/us-index/e-mini-nasdaq-100_contract_specifications.html), NQZ11 is cash-settled, and the last trading day is 12/16/2011. You should see the changes in your 12/16/2011 statement (i.e. tomorrow). IB allows delivery on...

I don't use Python, so I cannot speak about that specifically. But most modern operating systems cache data, so if you access the data a second time, it's already in memory. I can confirm that it works that way in Windows. That assumes that you have LOTS of real memory. One thing you can...

Trading is simple, not easy. There is a difference. One of the things that makes trading hard is that the feedback is poor. Often you do everything right and you lose. Or you make a bonehead play and you win. Most people don't really understand randomness. Once you accept that stuff...

I just tried running the Booktrader webinar from 11/10/2011, and it runs okay on my system (Win7 64-bit).

About 106 from the left coast.

It's my understanding that most dual-WAN routers will use both WANs at the same time, so you get double the bandwidth and redundancy. They will also do automatic failover. Unfortunately, your broker will probably not support automatic failover or multiple logins, so it rarely works the way we...

Order routing, execution, and clearing are different processes and one should not affect the other. Exchange membership can affect the broker's cost, which might determine the commission you pay, but should not affect execution. The main differences between brokers are the software...

I was beginning to regret getting bogged down in this discussion, but now it has turned interesting again. I imagine other ETers have encountered, or will, such a situation. The big question here relates to what the "strategy" consists of and how it could have been protected. If the...

The relevance is that it often guides court rulings. I haven't followed the Hurd or Lee cases, and I cannot forecast how they will get resolved. But the situation is a little different for critical employees (i.e. CEOs) and equity stakeholders. For the OP, the parties could rely on CNCs and...

Good catch. The Wikipedia article also says this: . . .an over-broad CNC may prevent an employee from working elsewhere at all. English Common Law originally held any such constraint to be unenforceable as a matter of public policy.

No court will enforce such a provision. People have a right to practice their trade or profession. In a more general sense, written agreements are a good idea. However, they should be relied on only as a last line of defense because of the cost of litigation. The purpose of agreements...

I don't see that the junior partner has any recourse. The scenario could just as well play out in reverse: The junior partner meets the deep-pocket investors and strikes a private deal with them. The mistake was forming a partnership in the first place. The junior partner should form his...

Good find! I don't think people pay nearly enough attention to Michael Lewis. Maybe it's because of his sometimes tongue-in-cheek writing style. He seems to have a very good knack for finding underlying themes, and his writing is very easy to read.

Chuck Krug> I mentioned Spain because they have a retirement visa and require only about USD10k or so of fixed income. Ireland also has a retirement visa, but they won't say what the minimum means test is. I don't know if Spanish or Irish retirement visas allow long term residency throughout...

I would consider moving to Europe to trade, but the biggest obstacle for me seems to be the visa. It's my understanding I cannot stay more than 90 days on a tourist visa in any one country. Moving every three months is not a viable option for me. I could probably qualify for a retirement visa...

Programmer productivity is almost always the more important factor, and so the best language is usually the one you already know (unless it's Fortran or Cobol :D ). Also, upgrading to more powerful hardware is often cheaper than re-optimizing software unless you've done something really dumb.

Silva has lots of books: http://www.amazon.com/s/ref=nb_sb_ss_i_0_16?url=search-alias%3Dstripbooks&field-keywords=jose+silva+books&sprefix=jose+silva+books I seem to recall reading one of the books in the 1970s and attending at least one presentation. Some of Silva's ideas strike me as a...

I guess S&P was WAY ahead of the curve with their AAA rating of CMOs and CDOs. Hang on to your mortgage bonds, guys, they're coming back!

The intellectual property in the S&P500 belongs to S&P, not CME. I am not sure what protects it, patent or trademark. When the ES started trading, the SP (pit traded) was 500/point, making the ES one-tenth the size. That was a problem for the major players because it cost ten times as much...

Just to be clear: Short-term gains are currently taxed at the same rate as regular income. The IRS considers short-term gains (in securities but not in futures) to "miscellaneous unearned income".