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I'll put this another way: if DRW is looking at two academically similar recruits from MIT and they're only going to hire one - they would favor the candidate who showed some prowess at games involving risk and critical problem solving. ;)

If there was, for example, an experienced German Basis Trader with a track record whose wife was getting transferred to London - then sure, DRW would likely interview him about a job in their London office. DRW has a Houston office and I'm sure it's there for one reason: Energy. And that means...

I know of two very good game players who became very wealthy at trading futures. One was expert at Poker, the other at Chess. I'll put it this way: it doesn't hurt.

So, just to put this into perspective: New Jersey wants to garner $10 Billion per year in transaction tax - just for the courtesy of having a server farm located in the State. Compare that to the ~$5.5B in total annual revenue that ICE reported in 2019. Keep in mind that ICE operates 12...

I have to admit to a measure of schadenfreude.

Wired, 10/07/2020 Amazon Wants to ‘Win at Games.’ So Why Hasn’t It? After brute-forcing its way to dominance in so many industries, the tech leviathan may finally have met its match. Three years ago, on a drab, chilly summer day in the Dutch port of Den Helder, Amazon made an extravagant pitch...

This has been going on since the advent of electronic trading - why not just take screen shots and send them to SEC/FINRA/NASDAQ Regulatory Compliance? If enough different players do that - it might force some action. This is why the practice of selling order flow encourages shady behavior...

In the OG Market Profile, the "volume" was actually for price prints - not traded contract volume. There were CBoT employees in each open outcry Pit that recorded time and sales as best as they could. The concepts of a market accepting or rejecting a valuation and the behaviors of price...

I would argue the opposite - the Fed is actively deflating the Dollar.

Even looking at alternative methodologies, including using 1980 and 1990 methodologies - at this point in time inflation data in the US isn't an outlier. I'm not saying that data isn't being artificially suppressed, I'm saying that no matter how you choose to calculate inflation - a this point...

The US Dollar Index has come off this year, but it's still well above the 2005-2015 levels. So again, I would question the OP's original premise.

Well, if we're going by the Consumer Price Index then inflation is still quite tame and the OP's premise is flawed.

Is your trading account equity pure risk funds that you are OK with losing in short order ? (I ask because the nature of your question suggests that you truly are completely new) Do you have a trading plan ? If so, does it include position management ? If yes, have you honed your system by...

I've got to push back on that. China has over 50,000 State Owned Companies - especially in strategic sectors. That is not pure capitalism, friend. Not by a long shot. https://www.forbes.com/sites/alejandrochafuen/2019/10/31/trade-by-state-owned-companies-global-but-is-it-fair/#1273ec3820f5

The concept of time at price is probably more important than volume at price TBH. The more time spent at price, the more acceptance of that price valuation. The less time spent at a price, then obviously the market perceives that price to either be under or over valued. MP is essentially a...

The CME can since every order is tagged.

There was a period from 1999 - 2004 when I did this during my electronic Eurex/LIFFE interest rate prop day trading days. I had a very specific set-up I was looking for, and I would log off the screen at about 11:30 am US Central time and call it a day. If I stayed, it was just chop and the...

I don't think that the longer end of the curve portends greater opportunity per se. To this day, there are whale independents in Chicago trading Eurodollar futures spreads. Reason being, a Eurodollar futures Butterfly for example is very cheap to margin - a few hundred dollars on a 1-2-1. And...

Back to the barter system. ;)

Sure, model the STIR forward curve. That's the best prognostication there is. I can have on a Eurodollar butterfly or condor for several months at a time.