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Annoyingly, a lot of the time working in a bank you'll be frustrated by the IT department making up devilishly silly rules about how to manage and deploy your Java / C++ / C#. However, if you stick to R / Python, you can do pretty much whatever you like. Sometimes that's reason enough to...

And nothing continues to be talked up as though it's something. Crazy world.

Fair point - but the view I'm meaning to put here is the asymmetry of it all, good day vs bad day. If they lost 400 million on say, 20 billion of 1 day flow, that's only about a -200bps stuff up (approx numbers). The trouble is that a regular day is only about +1bps gained. So the...

Hi Jcl - How are those software sales doing? No comment on efficacy .. but from memory your package was better though out than most. Feel free to post a link, hook a muppet etc.

Exactly. Post a blotter, or it's bullshit. TA makes ass clowns out of the arithmetically incompetent.

Answering the TA question is very simple. 1. Get a data set. 2. Run many TA indicators against the dataset. 3. Record P/L. 4. Change parameters & goto 1. Anyone who has done this exhaustively, and seen the pathetic results produced, quickly learns that TA pundits are either...

If Knight does about $20 billion / day, and makes $400 million in a good year .. then, if I’ve done the arithmetic right, that’s about a 0.77 bps margin. From pretty much any angle, that kind of sucks. Bring back the teenie.

Buddy .. I thought you're a bit too sophisticated for IB's execution latency :p

Depends on the price of the stock. Ideally a 0.10 spread on a 0.02 stock :p

= short put for +$40 per contract, short 100 shares per contract & have the stock put to you the next morning, covering the short. Doable. Why are ppl trading out there short options??

Makes sense. Play it delta 1 into expiration, get assigned & deliver? If so, hadn't thought of that. Checking IB's rates.. Could get/short the stock in 1 txn I guess.

* may be some haircut as the option is not over this stock.

Nothing useful there for a single instrument.

So let's say you're quoting the ask side at $0.30, being about 40 vol (above fair). You get filled as someone buys back their short, crossing the spread and lifting your offer. You're now short at 40 vol, ITM, close to expiry. How are you practically going to unwind that, without giving...

Well spotted. School boy mistake on my part.

So, for a customer who had run their account rationally, at a balance just above the minimum margin requirement, reducing their exposure to their broker .. one might wonder whether they should get their entire (margin) balance back, seeing as it is actually there at Jefferies. (Margining being...

Right .. but as I understand it, with the hidden order type, you will be at the back of the queue, always. You effectively award yourself adverse selection here, by now only getting filled when price moves through your level. Not ideal, unless you're seriously accumulating & trying to hide...

And there's nothing wrong with a Commodore 64, especially with a 300 baud modem. .. Have to as though .. why so much interest in hidden orders? I mean, you're asking for shitty queue priority here. Does this really outweigh the information retention? Perhaps you're buying the...

Why were they blowing up in the 70s? Surely not low rates on float?? :confused:

Flipping it around - do you thing long term term deposits should pay the same as the cash rate?