Search results

Says here that there are 27,000 telephone numbers in Lopburi to share among 700,000+ people. That's 25 people to a phone. Do you think there is going to be a great market for new condos in Lopburi? http://www.lopburi.go.th/general_lopburi.htm

what if you didn't join the bid but instead left a buy limit below the market early on in the day that then gets executed - does that get credit?

ET is not usually a great place to ask about tax, but what the hell, nothing to lose. Anyone have any experience with the tax deferral strategy of handling clients through an offshore company? The basic idea is lets say you manage accounts for clients through a company domiciled in a zero...

It's a meaningless figure since it is based on $600 trillion of underlying asset value. It has no meaning on the potential exposure of the market : If I sell puts on $1mm of IBM, I buy calls on $1mm of IBM at the same strike - we get $2mm of derivatives. But really it's the same exposure as...

So you get rebate credit based on how many of your 1000 @ bid get filled I presume. If the tape goes higher and you never get filled then you get no rebate credit - is that correct?

Not sure where you heard that from. 1 year SIBOR...

I've been having trouble sending orders in the NQ on Tradestation. The server says it is unable to dispatch order. I wish I knew what that means. Damn frustrating.

yeah, let's go out and hire chalkboys and a chalkboard and trade like real men. then we can compete on how many chalk boards we use!

Actually, I find that I'd like to have more monitors so I can have bigger fonts. I wouldn't mind a monitor for each ladder .... and maybe some gizmo that switches my keyboard automatically to the monitor/computer I am looking at. I find myself frustrated at the tiny fonts on most GUIs...

Unlike other posters, I don't feel up to the task of handing out prizes for best Fed Chairman, but I will say this : I've found listening to Greenie's congressional testimonials over the radio is like attending a master class in economics. That man understands the interconnectedness in a...

Never heard of using square roots to annualize return. Returns expand geometrically with time. Volatility, however, expand geometrically with the square root of time.

Just my 2 cents. I've found that in directional trading you are usually trying to ask the market a question, and mathematics is helpful in framing the question in the right way so you can understand the answer. So, knowing a lot about math and little about markets doesn't usually work...

Here's a paper put together by the folks over at Tick Data on the topic of scrubbing data.

One wonders what proportion of bad ticks might be caused by out of sequence reporting?

Vishnu, That was a great piece. I think the New Yorker magazine did something similar for life on Park Avenue for an investment banker not too long ago. The bills for nannies and private schools for little girls is staggering.

Rufus, your datapoints are causing me to have to revise my estimates up! Last year and this year would be interesting ones to see how much associates get paid, this year moreso.

There is an IB representative on ET who goes by Def I think. He's always been helpful, so you might want to PM him.

I suspect that most staff at hedge funds earn less than their banking counterparts of equal length of experience. It's a superstar and partner business - if you are neither, you don't really get the big paychecks. I'd wager that most analysts at established hedge funds don't clear $200,000...

I think what Rufus said is dead on. Most funds operate on little more than a batch of Dell computers and proprietary broker trading interfaces that would make Tradestation look high tech. One's tech needs are dictated not by "standards" of what a "big league' fund is 'expected to have"...

Not sure I follow you Risktaker. The OI numbers are indisputable for most practical purposes. Naturally, interpretation is another thing altogether. But I think SethArb was asking whether short covering in the ES could be responsible for the big Thursday move, and it seems that based on...