Search results

Will one of you be so kind as to explain what a scheduler's role is in energy trading? I come from the bond world. I would like to know.

Sure... though complicated, they aren't *that* complicated to someone who's been on a structuring desk for awhile. But - why the hell would you, if you were that man with the experience to manage the books - do it for a middle tier salary, no bonus prospects, and risk of being lynched? And...

No, even in the simplest deal with pure stock swap, this won't be the price. After all, a portfolio of two stocks carries different risk than the sum of its parts. In an actual real life merger, there are tax assets/liabilities to consider, asset sales, debt issuances, etc... so the ending...

Even i the best of times, a Master's in Finance is ... not great for IT to front-office transition. In fact, these programs are full of people who want to do the exact same thing. Its placements tend to reflect exactly that. These times.... zero chance. Front office people are having issues...

This doesn't make any sense... if they do that, clients walk away and the funds are shut down. The Global Alpha group live on their fees, not GS's prop desk revenue....

Good god... why do certain myth never die. Here's a very helpful page from a George Washington lawschool law professor on common test protester arguments. He outlines the common fallacies and cites the relevant statutes. http://docs.law.gwu.edu/facweb/jsiegel/Personal/taxes/IncomeTax.htm

What makes you think I'm keynesian. You know, modern economists aren't Austrian or Keynesian or whatever. These labels have long fell out of use because, for better or worse, economists are trying not to act like the rest of the social sciences are be dominated by fads. Why wouldn't I be...

While I don't necessarily disagree with the Austrian school, especially with some of its more fundamental premises, creating a supposedly "learned" economics forum around it seems ... well... counterproductive. The biggest problem with the austrian school is that it's more philosophy than...

point taken. don't trade irs much.

I'm not. I meant it in the sense that the all CDS 5Y contracts written in the next few months until the roll date will have the same expiration date, despite that it's not truly 5Y. Furthermore, you can usually find a dealer to take off a 4.2Y contract. I loosely call these contracts...

There are various trade conventions that makes them more-or-less tradeable (otherwise it's hard to have a market). It's a lot like on-the-run off-the-run nature of rates swaps. As far as the ICE development is concerned, it's my understanding that only dealers will be facing them...

that's not really true. an option (for example) has real value. It's not worth nothing. It may not be worth as much as it is sold, but it's certainly worth something.

I really don't understand this. Why would you contact google finance? What do they have to do with anything? Why would they want to help you "certify" your research?

But the point is, you are not. You haven't. GDP is the money you've earned this year. Assets are accumulated over many years. Moreover, who are you selling all the real estate to? And in your gold example, if your gold is worth $10,000 and let's say you made $60k in salary, does that...

You know... you'd think the basic knowledge of economics on a trading forum ought to be better than your average pub.... GDP is a flow measure. Assets is a stock measure. You can add flow to stock... but what comes out of it is fairly meaningless on its own. To use your example, GDP is...

Tell me - what do you think is taught in a decent biz school/econ/finance program? what are the actual courses? do you know - or are you just talking? When the space shuttle blew up, does it mean engineering programs are worthless?

I apologize. I must be mistaken. How did I not see that surely you know better than all people who are actually trading this stuff.

Your solution is stupid. You are an idiot for suggesting it. Here's why. -- Suspect MTM ... okay... sure... nevermind that fixed income assets are marked down to reflect their higher default cost.... nevermind that these assets can't possibly fetch par or any thing close to it on the open...

Unless a portfolio manager believes that there's a great deal of risk in the next six-nine month. Allocation to cash would make sense if he wants to sit out the draw down and buy at a more discounted price. What makes you think that being cash heavy now is being cash heavy always?

And your point is what exactly? what should a us investor with his assets in usd and spending usd do with his cash? euro? sterling? those aren't exactly problem free zones.