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    How Fast is your execution?

    There is lots of confusion between upload/download speed and latency. Latency is the time it takes a network packet (a portion of network data sent as a whole) to reach the target (broker) server and come back. If you are nto behind a proxi server you can measure it using Windows ping command...
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    QE as subsidy to Wall Street?

    The sad realisation is, if anything, the crisis only made the largest banks bigger.
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    Modern Monetary Theory - How the US Government really pays for things

    Mithos, thanks for the entertaining link! I especially liked the explanation of why US doallar is a "non-convertible" currency. Hehe Jinxu, IMHO, the following video is more fun http://www.youtube.com/watch?v=PTUY16CkS-k
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    Transaction tax in germany

    Maybe due to difference in our ignore lists we see page 2 differently, would you care to quote my exact words? I never said "there is a 99% chance" either - it's what you arbitrarily conclude from my post. It seems we are talking about different things. I am talking about trading volume...
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    Transcendental Meditation

    What is it called? "Assisted meditation"? Like "assisted suicide"
  6. L

    Transaction tax in germany

    http://www.youtube.com/watch?v=FgXQAV30wTE
  7. L

    Transaction tax in germany

    Thanks for a piece of (rare) factual info! "Demise" is a strong word. The opinion I voiced originally and stand by is if the transaction tax goes ahead the way it's planned currently, German exchanges will loose volume in a number of popular instruments including futures and stocks. Stop...
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    Transaction tax in germany

    On a positive note, a number of German (and US) companies have been urging regulators to curb speculative activity by hedge funds (as well as "activist shareholders"). So, there certainly is a demand from public companies for a trading venue where short-term trading is penalised.
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    Transaction tax in germany

    Yes, absolutely. At least, it will start trading elsewhere and volume will move out of Germany... unless foreign entities trading from abroad are excluded from the tax. For example of how this will happen see how ICE is trying to "steal" volume from CME by offering lower commissions. They...
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    Easylanguage for research ATS developments

    Try Amibroker. They have the most concise language for describing trading systems I have seen... and backtests are way faster than in TradeStation. Shorter code means you spend less time actually writing the code and more time working on the logic of the trading system. Alternatively, any...
  11. L

    Transaction tax in germany

    I think the purpopses of this tax are: 1) to penalise speculation 2) To set up a levy on over the counter derivatives and the like.
  12. L

    Transaction tax in germany

    0.01% compares favorably to stamp duty of 0.5% on equity transactiuons in the UK. On the other hand, if applied on the underlying of exchange traded futures, the tax alone would be triple the size of reatil commission on S&P 500 E-minis. As usual, the devil is in the detail. For example...
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    clearing and exchange fees

    For comparison, IB charges 3.98 round trip on ES. Prop firms often get (substantially) lower exchange fee as an exchaneg member. If brokers passed on lower "member" fees to the customers they would be breaking rules. "Member" fees apply only to transactions executed by exchange members on their...
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    How Fast is your execution?

    "Instantaneous" is a subjective thing. Periods like 100 millisecoinds are fully perseptible to people with a bit of training (such as editing videos or playing first person shooters). My fills are in the range of 250ms-450ms depending on the time of the day. Occasionally up to a second. In...
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    bank prop desk - best practice order management?

    How are martingales relevant? Aren't they used only for hedging options? If you are talking about something like S&P 500 futures during regular market hours, there is no need for "managing" orders. You can call the pit and request a price for the full 5,000 contracts,
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    Investors told forget savings accounts, think of shares

    The expert in the article has personal interest in people investing in stock market funds. (I understand he advises people regarding which funds to invest in.) However, this doesn't make his point less valid. With increased money supply due to asset purchases by Bank of England, inflation is...
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    Testing a new strategy

    No offense, but I take sides here... and my heart belongs to NoDoji. A public journal is pointless without market calls or, at least, regular trade reports.
  18. L

    Deflation-stealth in '08 shows face in '10

    Admittedly, there are hardly any categories you can find "deflation" in except for "massaged" figures. Naturally, the thread has exceeded its lifetime.
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    Obama urges CEOs to Hire

    Well, if unemployment doesn't fall dramatically, Obama can now blame it on uncooperative CEOs. Outside of public speech (which is words only) Obama is very much a supporter of corporations.
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    Obama urges CEOs to Hire

    It's called PR. Very few voters look at how many jobs are created (or removed) every month. Far fewer look at these changes objectively adjusting for economic factors.
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