Search results

Any derivative traders out there? Can you give me a more detailed description of how/what derivative traders trade? How quantitatively adept does one have to be? etc.

Doesn't this strike anybody as odd? Here's an excerpt from an article written in Trader's Magazine on Sept. 10, 2002 (this year!) --------------------------------------------------- Resilience and Strength Among the dealers showing resilience are Schwab Capital Markets and Trading and...

so I guess Def is the only one working at IB? Anyone might have friends who work/worked there? what have their experiences been like?

he actually has decent posts ... i've learned quite a few things from that man (or woman?)

reason I ask is I was wondering if they have any positions available. (websites never give a good deptiction of what's available ... i wanted to ask an insider)

Does anyone here work at IB?

what is a good website to see the pre-market trading in futures?

very true ... i guess in a market like this, i really have nothing to lose. But in the world of proprietary trading, if WorldCo (for example) called me up, then I'd probably pass. I just wanted to gauge what i'm getting myself into. (for any WorldCo employees: this is only based on...

So how do i determine if this is worth pursuing? If it's SLK caliber for example?

I've heard that they can sometimes give you a "trial" account (or a trial period) for 3 months or so. can anyone verify?

I'm trying to get as much information on XTF Market Making LLC. I know they are a market making firm operating on the floor of the AMEX, but that's all i know. How can i determine if they are legit? (they are listed as a member firm in the AMEX directory site, but so is SLK - and...

This will probably sound as the most ignorant post ... but bear with me. It seems that trading nasdaq and listed are two TOTALLY DIFFERENT STRATEGIES. (so it may not be that easy for one to switch? although everyone here managed to do that quite effortlessly)

have you traded OTC? how would you compare your returns?

Good call, HardRock !! I think he IS all those individuals mentioned, and frankly is quite annoying (you should check out his Vault comments - all VERY similar - even got bashed over there as well!) Funny, how you'll see the same folks on Vault, post here. Yet this board is (i think)...

Free? No. But i think if you're qualified as a "power trader", DATEK might offer it.

i doubt that BB will be giving out 10k signing bonuses at a time when they're laying everyone off. Most BB offer a base pay (for first year corporate finance analysts) 50-55 (although most are offering 55 at the SECOND YEAR LEVEL - from my understanding a lot the banks froze salaries for...

is it really that bad?? Can someone give an example (to a newbie like myself) of how market makers influence the stock tick? and compare that to listed trading ...

You know that's very true. I can only imagine how stressful it must be making sure that you provide an "active" market in the stocks/sector you trade. But does it really come to the point, traders don't have time to eat let alone use the bathrooms?? (i guess that's what they have traders'...

Thanks for the replies ... I'm also assuming the route to becoming a full-fledged trader is more difficult (or more time commitment) than prop. trading. From what I understand MM (let's say NASDAQ trading) one would start as a Trading Assistant - learning the ropes, tactics, etc. before...

I asked about prop. trading vs. market makinng a couple of times, and am getting a better understanding between the two. One question that's always bugged me is, why do prop./day traders hate market makers so much? (i've read that in a bunch of popsts, when comparing MM working at various...