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  1. Robert Morse

    Question on VIX options - call - am I understanding this correctly?

    Yes, the multiple on VIX options are like most equity/index options*100. VIX options are cash settled. Settlement process: http://www.cboe.com/products/vix-index-volatility/vix-options-and-futures/vix-options/settlement-process. If you pay 1.30 for the 20 call, your break even is 21.30 at...
  2. Robert Morse

    Traders in the UK?

    Good luck Luke!
  3. Robert Morse

    IB (finally?) admits to matching orders internally

    Me...cause I'm awesome. Ask my wife.
  4. Robert Morse

    Where can I find the volatility of WTI in order to price a real option

    I had to read his books at NYU for both Econ classes. I'm trying to forget that class.
  5. Robert Morse

    Broker Datafeed vs. Dedicated Datafeed

    They pay for their feed from another provider of MD or the exchanges.
  6. Robert Morse

    Correct Spread Ratios

    Not sure. It would be best to call the CME help desk.
  7. Robert Morse

    Correct Spread Ratios

    I have to be careful here to be quite general. I would use contract size*value of each future's current market price. Like if you were to take delivery of the future, what would it cost. Then if one future were to move 1% up and the other were to move up 1.5%, the .5% would be your profit or...
  8. Robert Morse

    Correct Spread Ratios

    Using notional values takes into account one metric. Then you might want to decide if you need to adjust for the volatility difference between them. The S&P 500 index has a lower vol than NASDAQ 100 and even lower than the Russell 1000 or 2000. A $ Nuetral hedge between each would not correct...
  9. Robert Morse

    Broker Datafeed vs. Dedicated Datafeed

    To run most software with a display, you need to get your MD from the software provider. They get their MD direct from the exchange.
  10. Robert Morse

    Best Futures/Broker Platform for ...

    Since e-futures is owned by Wedbush Futures, and they don't have their own software, they White labeled another 3 rd party. Do you know what that company is?
  11. Robert Morse

    Best Futures/Broker Platform for ...

    I found out last night on a Webinar done by RealTick, that all their conditional orders are server side.
  12. Robert Morse

    When My Broker Executes a Trade Does the Counter Party See Which Broker Placed the Trade?

    Real time. That way you can see that at each price, how many orders are at that price and how big each order is. Very few platforms offer L3 right now. In fact I think only TT and Rithmic do right now. CQG has it in their production que. Not sure about CTS T4. For me, it has no value. For...
  13. Robert Morse

    When My Broker Executes a Trade Does the Counter Party See Which Broker Placed the Trade?

    CME has Level 3 MD. You can see the size of each order at each price. It does not say what the broker name is or your account#.
  14. Robert Morse

    When My Broker Executes a Trade Does the Counter Party See Which Broker Placed the Trade?

    They do not get that, as far as I know. Not sure why the CME would share that. You can contact them to confirm. Also, I'm not aware of any futures dark pools.
  15. Robert Morse

    When My Broker Executes a Trade Does the Counter Party See Which Broker Placed the Trade?

    For equities, options and futures, the other side has no idea who you are.
  16. Robert Morse

    Where can I find the volatility of WTI in order to price a real option

    I see IV on my trading software.
  17. Robert Morse

    does anyone have videos of the dom online?

    You want to watch a recording of a past day? Why not sign up for a demo of a platform that has a DOM. Watch it live.
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