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    Market Makers in Equity Options Are Vanishing

    Just shut up already. If you're sure the markets are rigged go do something else and leave the rest of us free of your ranting!
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    Coal Question

    Yeah, he's full of crap. Coal doesn't do fluctuating demand at all. It's pure baseload, it can take 12 hours just to start up or shut down a coal plant. If you use it to deal with fluctuations you have to have what they call spinning reserves, which is the plant essentially operating without...
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    Forget About Fake News...Let’s Talk About Fake Markets

    This is one of my favorite nonsense quotes. You can just as easily say "Historically, 100% of companies that have issued stock have gone bankrupt." Obviously, just like currencies, a number of companies that issued stock have gone bankrupt. And lots have not and are still going strong, just like...
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    Distressed Debt Investing

    Is it IB? I'd laugh if they do all this nonsense with autoliquidating spreads that can't possibly loose more than the max spread amount but leave a loophole big enough to drive a truck through when it comes to depositing interest that is subject to being pulled back again later without anything...
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    Distressed Debt Investing

    Kind of crazy they put the money in your account and took it out again. What would they have done if you had a non-margin account and withdrew the funds right after they were deposited?
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    Forget About Fake News...Let’s Talk About Fake Markets

    People who decry one arbitrary carrier of value ("but it's a fiat currency" they cry) for another just as arbitrary carrier of value like gold (ever try to eat it, make anything useful besides jewelery and some niche applications?) make me laugh. The sad part is that they have this almost...
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    HDD for VPS to trade Latency Arbitrage

    That the speed of light isn't constant when traveling through air. And more to the point, if you're planning to engage in an endeavor where slight variations in the speed of light due to humidity are relevant and you're asking about hard drives, you're hopelessly out of your depth about what you...
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    Trading Forex in the US after new Dodd-frank rule

    Because no lawyer is going to go on record saying to lie. Great point though, if there is a lot of money on the line and you know what a lawyer would say, why risk it.
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    HDD for VPS to trade Latency Arbitrage

    D'oh! Thanks, fixed it in my post.
  10. S

    SPX options

    Not exactly because if you buy or sell the actual stocks you can't be sure it will be at the closing price, where as with the AM you can sell your basket for exactly what the AM index price will be. It's admittedly splitting hairs in this day and age, but for entities that have to exactly track...
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    HDD for VPS to trade Latency Arbitrage

    To expand on this in the nicest possible way, let's talk about microseconds. There are 1,000,000 of them in a second. To do latency arb you're working in the millisecond range. You're doing things like buying dedicated microwave tower links between exchanges because the speed of light in fiber...
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    SPX options

    One other big reason to keep the AM expires around is because it does allow a perfect hedge for anyone actually holding the underlying basket of stocks. Worthless for me and probably most of us, but I'm guessing there's a market segment out there that finds that valuable.
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    Trading Forex in the US after new Dodd-frank rule

    On option 6 the illegality wouldn't be you falsely claiming over $10M in assets but the broker accepting you. IB compliance is a joke, so you might get away with it with them, but in general a broker's compliance division is going to want to see some proof because it's their ass on the line, not...
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    Are there extra benefits to retail investors with >1m in their Interactive Brokers account?

    I can't believe that someone with an 8 figure balance (the trigger is more than $1M) would stay with IB if they had to deal with the same assclowns I had to deal with when I was with them. The IB apologists here seem to be dealing with an entirely different company from the rest of us, so if we...
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    Science says time travel is possible

    One problematic issue with time travel that no-one seems to think about is that the Earth is in a completely different place in the universe right now compared to where it was even a few seconds ago or where it will be even a few seconds from now. If you jumped back or forward in time without...
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    Insider trading hurts only HFT

    And yet another information free post at a 6th grade level.
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    Islam doesn't belong in a civilized country

    If only!!! A good second best would be to get them to actually follow the example of Jesus/Mohammed... In this very thread you have Christians advocating for things that the Jesus they claim to follow would be appalled by and being world class a-holes while they're at it. Crazy.
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    Insider trading hurts only HFT

    You provided an information free post with a sophomoric obscenity embedded in it. From that one would have to deduce you must not be an intelligent, well meaning person who happens to hold a different viewpoint, but either a middle schooler or someone with the intellect of a middle schooler...
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    Insider trading hurts only HFT

    Are you in middle school or just act like a middle schooler?
  20. S

    Insider trading hurts only HFT

    There are reasonable explanations for why insider trading might not be as bad as one would think. Yours isn't one of them!
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