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Dude.... I used to trade treasury bonds and cash for several institutions... there's no such thing as "Federal Reserve Bond". It doesn't exist. The fed do not issue their own debt instrument. People used the term "bearer bonds" because those are bonds that are payable to the holders and are thus...

This article is full of ignorance of ... finance. US treasury bonds and "federal reserve bonds" (whatever that is) aren't bearer bonds. You don't walk into the bank, hand them a certificate, and ask for money in return. Every treasury bond holder (or their custodian) is registered with the...

Google translate did a decent job of making that readable. It's a very strange situation, isn't it. I don't believe you need to declare that you have bank statements in your suitcase when you cross boards, including italy. I believe the usual disclosure is for currencies. I still think it's a...

This story is probably not getting reported in mainstream because it's either misquoted, misread, or fabricated. US Treasury bonds are not bearer bonds. There's no point in carrying them in a suitcase, unless what's in the suitcase are merely bond certificates. In that case, it's very possible...

3M Libor is 0.63% or so. So, L-600 means the receive floating, pay returns leg is actually paying - and returns are expected to be negative. What's the other leg of the swap? Which equity index?

Looking around the profitnavigator site I found this little gem "Profit Navigation is compensated via an incentive or performance fee. There are no management fees with our program". Alex - you know why this fee structure is NEVER used in the hedge fund/institutional world? It's because it...

Dude... that program doesn't "seek" anyone out... Successfully, Undermining your credibility

Wait a minute - "public emotion and opinion" may produce betting odds that are not congruent with the true probability of winning for each horse, but it would have nothing to do with picking the winner. That is, the winner horse will win regardless of whether the odds on him is 1:1 or 100:1...

Wow... you know, while I might not have agreed with a lot of your posts, I have always thought you were reasonably intelligent. This post shows how immature you actually are... very disappointing

You are injecting real world concerns into a question that pre-supposes the existence of the finance equivalence of a perpetual motion machine... To the OP... what is the motivation for this question?

Which, of course, you would realize would have to be outside of finance - his profession. There is not a single financial service firms will let you trade your own account without some sort of limitation. It's also not just about material non-public info, though that's a big part. There's...

Don't think so. Blp uses CMA data (or msg1, if you got it). I got a blp terminal and a subscription to markit. As far as I know (I last checked about a six months ago), there's no way to enable markit data on blp even if you have entitlement to both. If that changed since, let me know.

The dealer (which is what your fx broker is) is free to quote you any price he wants. He can quote you something that's 10x wider than the market if he prefers (that's what banks do, if you think about it for a second). Your only decent bet is to open a few accounts with different dealers and...

Just a friendly word of advice here: it's very unlikely that the law firm meant that the NYC bar association will give you an answer to a legal question that you might consider to be actionable. NYC bar is a legal association, not a law firm. Most likely, the law firm you called simply don't...

(No qualm about the comments on rating agencies. This isn't about them, it's about this supposed crowdsourcing website idea). The website presents some API for financial data and an "area" for posting models. How does this do anything? SEC filings have been freely available not only through...

A+ for originality?

?? so ambition is when you want to make money, and greed is when other people want to make money? A bit hypocritical isn't it?

People here seem to like to use TA for trading forex. I don't understand the basic logic of why TA would work for forex (or anything else, but let's keep the focus on TA). I understand the usual defense for TA is "it's all in the price". Okay. I can sort of accept that for the pre-1990...

I'm either impressed by your willingness to accept a different point of view (+5), or a underwhelmed by your sarcasm (-5). net net, makes you a zero, doesn't it. :)

I don't get it... why is this guy, on a day trading website, railing against greed? Did you decide to trade stock and futures to better the future of mankind? (I swear, you expect this sort of a*shole on a college campus, - but here he is, on a website where people dedicate their lives...