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I think min mike pretty much got it but I'll reiterate for what its worth... In cme markets, let's say your order is sell 100, display 10 at x price. If you are the only order at that price, and someone comes along and buys any quantity between 10 and 90, the offer will remain at 10. Ie it...

Who would the 4th category "all others" be comprised of? It seems Goldman would be categorized in#2 : members trading for their own account", as would most locals. "Clearling firms trading for their own proprietary account" would mean all trades done by the clearing firm for their own sake...

Treasuries quickly went bid hard for several prices prior to Bloomberg breaking the results. ie they were reacting as they would after any economic release but bloomberg didnt break the results until about 30 seconds into this move. Anyone else have this problem? Or positively DIDNT have...

Anyone else using Bloomberg find that they were about 30 secs late on the 7 yr Auction results yesterday? What are you guys using for news/economic data releases? Reuters? Bloomberg?

Those of you who trade 10 year ... What are you primarily watching for an indication of which direction we're going in (other than price action). Ie which other markets are you taking directional cues from? I imagine most 10yr scalpers cue off of movement in other markets along with getting...

Well put. I'm a relatively small local who has no problem providing a home for the risky money out there and I trade next to a number of others just like me that would say the same. As a professional trader armed with the knowledge to know what to do on a day like last friday, why would I ever...

To the original poster, most of the advice you receive on this forum will be ill-informed so take it for what it is. The "good" firms, ie firms with edge that have made money for themselves over the course of years (examples include many of the options outfits in Chicago) for the large part...

I'd check with Eurex and CME and see if you can find out which firms are doing the most volume in CME Eurodollar futures and Euribor futures.

A price that is bid up with "fake size" is probably not a good sale, regardless of how well capitalized you are or how many there are to sell. :)

While the salaries of some of these firms are attractive, keep in mind that the owners of all these firms made their money because someone at some point entrusted them with capital to trade and passed their edge on, teaching them how to profitably trade the markets they were brought up on. ie-...

1) How much do (did) you make PER DAY, AFTER FEES? 2) How much are (were) your fees , per contract (exclusive of TT, data, etc. ie, strictly trading-related commisions, exchange fees+ clearing fees) PM me if you are not comfortable discussing it on the forum. 3) What are the names...

I find nothing abnormal or strange about his replies to you. His response to your inquiry was everything typical of how I'd expect a group like his to present themselves. He asked you to review the section of his web site that directly addresses your potential situation/partnership with his...

As far as I know an ecm cannot trade outside money. The program was designed for proprietary trading firms that do MUCH more volume than what you cited. For example a typical account under the average firm's ecm probably trades 5-10k contracts per day. Aside from that, part of thr approval...

So let's say youre working an order 100 points out of the market and the next blip that occurs moves 200 points out of the market. Your point is that the market will always revert to it's previous level after a move like this that has no fundamental reason. Still, it's quite nervewracking...

No one is angry here. The well-being of the OP and other posters on this thread depends to some extent on the volume of the products that we provide significant liquidity for. This is a legitimate discussion for locals trading fixed income futures. You (being a retail forex trader) have no...

You should think this is heaven though if you can make the market yourself. Wouldnt you prefer to be the only market maker as opposed to one amongst 50 others? We don't need ridiculous liquidity. The people that should be complaining are those that need to come to the market to get off...

I'm also looking to set up at home for the same reason. John, did you get set up yet? What kind of line are you using? Does anyone else have any input? I'm mainly curious about internet connection, backup, etc. I use TT and I'm pretty sure I can install in more than one location...

Ha, and here i was about to respond. Hopefully he's gotten it figured out by now :)

Work 3 jobs and live at grandmas? then trade his own money when he's saved enough???? Haaa, what kind of advice is that? You really layed off 3 of your guys? why? truth be told, if this guy has good enough returns he can definitely find a backer in chicago or london. Rick, what...

The big boys arent there. ie banks and bigger natural users of the fixed income markets for a hedge. The large prop desks don't have the type of leverage they once had and most have been put on hold/restructured/dismembered over the past couple months at least in the midst of the bailout...