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    How the Biggest E-Mini Futures Trade of 2016 Sent the Market Soaring

    If all it takes is $80M to start a market rally, or at least a day long spike, why aren't fund doing this all the time? Even better on the sell side.
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    How the Biggest E-Mini Futures Trade of 2016 Sent the Market Soaring

    Which would indicate it probably wasn't an algorithm that was triggered by some automated trigger, right? Wouldn't it have to have been prearranged, or is there "automated prearranged" crossing going on?
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    How the Biggest E-Mini Futures Trade of 2016 Sent the Market Soaring

    Which dark pools does ES trade in?
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    Households racking up debt, all because incomes are failing to keep pace!

    Or they're smart and put everything on their credit card possible to get either cash back or airline miles and pay off their balance in full every month. Notice how they conflate credit card balances with credit card debt? If you do a little math, they say the average household pays $1,292 in...
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    Two Securities Traders Charged In Scheme That Netted $26 Million In Illicit Profits

    Mathew Martoma of SAC is sitting in prison for the next 9 years, so it's really not accurate to say the SEC ignores hedge funds. They clearly didn't have the evidence to criminally prosecute Cohen, but did manage to get a pretty impressive settlement which included barring him from commodities...
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    Two Securities Traders Charged In Scheme That Netted $26 Million In Illicit Profits

    No, it doesn't. Show us any evidence that any hedge fund makes sham transactions between two accounts they both control? That's clearly manipulation. Putting in multiple orders and then canceling them, when anyone can hit those orders, may be something you don't like. You may even call it...
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    Two Securities Traders Charged In Scheme That Netted $26 Million In Illicit Profits

    The law on market manipulation is pretty clear and they pretty clearly broke that law. It's tough to prove market manipulation, but when you open up essentially fake accounts and trade with yourself then it's just cut and dry. Not sure why you would be defending these chumps who clearly both...
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    IB does not put my order to NBBO Bid

    It's a gamble with better odds at a broker who isn't compensated for order flow. We both know there are times that a market order is the only way a strategy will work. Why would you willingly pay more than you needed to in such situations, that's just irrational?
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    Two Securities Traders Charged In Scheme That Netted $26 Million In Illicit Profits

    I don't know many hedge funds with dozens of accounts under relatives names that buy and sell to one another, do you?
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    Bitcoin exchange processor likely to fight IRS summons

    The IRS could give two craps about people who are profiting on bitcoin speculation. Bitcoin is an outstanding way to hide income and profits from other activities, that's what the IRS is concerned about. That said this does seem like a total fishing expedition. It seems unlikely that they've got...
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    Is working Asian hours that bad?

    The big headhunters that specialize in this niche are the Lucas Group and Bradley-Morris. If you want to put the time in, just get a recruiter version of LinkedIn and cold-call/email all the STEM majors who are class of 2011 from the service academies. If you wanted to open the net make it all...
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    Is working Asian hours that bad?

    There's a lot of disillusioned SOBs coming off their initial 5 year obligation then. Working for a defense contractor is a special kind of hell, you get all the bureaucracy and idiocy of working for the government but are a second class citizen compared to civilian employees and third class...
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    Is working Asian hours that bad?

    Have you thought about ex-military coming off their 5 year Academy or ROTC obligation? The hours are nothing they're not used to, military folks are generally intensely loyal and definitely won't be too bro, they generally don't have unreasonable salary expectations, and at the very least you'll...
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    Is working Asian hours that bad?

    I think you perhaps haven't employed any of the A players coming from the Millennial generation and are relying on a combination of stereotypes you got from Wikipedia, of all places, typical grumpy old man "kids these days" mentality, and C players who you're forced to hire because of...
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    Moore Capital cuts 2/20 & Wingspan Capital shatters

    Or the concept that going from 3 to 2.5 isn't "cuts 2/20"!
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    Maintaining Gold Reserves

    Very well could be the case, the never learn part I mean.
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    Maintaining Gold Reserves

    A number of currencies including the dollar are legal tender. Much like Bahama and Panama, they print their own currency which is used in small day to day transactions but anything major ends up in dollars and since the currency is backed by dollars there's no danger of hyperinflation. I believe...
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    Inflation-hit Venezuela to pull largest bill from circulation

    Actually they demonetized and Venezuela most likely will as well once they get rid of the leftists. When you have an oil based economy you defacto have a dollar based economy so it only makes sense, hence many of the oil producers either use the dollar or are pegged to it.
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    Portland imposes surtax on CEO pay in salvo at income inequality

    Since you kind of have to go out of your way to even go to Portland, why not just let them try their silly experiments where they won't really bother anyone. Sometimes it's better to have a small out of the way area to try out the extremes. Kansas is a good example for me. The Kansas experiment...
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    Interactive Brokers worst customer service

    It's pretty crazy that you'd have to recommend someone become a professional with all the effort and additional cost that entails simply to get decent customer service from IB. Not to mention impractical since you can't just take the Series 7, you have to have a place to park it, and your costs...
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