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I am trying to understand how to evaluate exposure/ownership in derivative products. For example, a Brazilian denominated account could have a Euro denominated subaccount which has a position in the Euro E-Mini S&P 500 which is float weighted calculation based on share prices in dollars...

We are having a hard time finding good programmers (especially architects and lead programmers) in Boston who ideally know about trading. I interviewed for 8 months before placing someone. Resumes welcome.

There is nothing wrong with learning to program, but this is self-directed learning. You get what you put in, and if by 18, you never had the curiosity. I might want Donald Trump's paycheck, but that doesn't make it a job for me. Software is a knowledge and problem solving game. What is it...

By forward, I meant a Forward Rate Agreement.

Holdings a futures position <> 0 Duration. The futures position is mark-to-market. As Libor goes up or down, there is a cashflow stream. What it does do is to link future short-term interest rates, future discount factors, and long-term interest rates. If you want no sensitivity to interest...

Any SQL database can aggregate 1 min data to 5 min data either on-the-fly using a view or stored using a stored procedure.

A. I was glad to see point A as there is a huge interest in the financial sector among college students some of whom are quite capable if not yet competent. A previous poster made an important point that these engagements tend to be ongoing relationships as new ideas beget new ideas rather...

Similar experience on several stocks. You spot a fraud, short, news gets out, news conference which admits with a smiley face, stock goes up, tying up capital for years. When the price finally get low, playing chicken with the halting and delisting process; otherwise, tied up again through the...

Here are a few quotes/summaries from the FASB Guidance on offsetting 210-20-05-1 This Subtopic provides criteria for offsetting amounts related to certain contracts and provides guidance on presentation. It is a general principle of accounting that the offsetting of assets and liabilities in...

There are a number of well written webpages available: http://www.jpmorgan.com/tss/General/Securities_Lending_Managing_Value_Generation_and_Risk/1256338170739 is at the top of a Google search. Long investors can make a little extra alpha and alot of extra leverage by lending or...

Can a Portfolio Manager elect to lend shares between accounts which have different beneficial ownership? How should a netted shorts participate in the collateral and costs of a loan? As I am sure that you well appreciate, the setup on these questions can be quite lengthy, but without it, one...

I have some very technical questions about trade accounting where the custodian/prime accounts are either omnibus or where the fund's trade accounting contains internal strategy distinctions which are not visible to the street. Any suggestions appreciated, Steven

I haven't used Matlab in a decade so I can't add to much. Four points. 1. DDR3 memory is much faster than DDR2. Current top is 2133MHz vs 1066MHz. 2. ECC memory is a little slower due to needed an extra cycle to EC. For mission critical, I consider it a must have at 2133 MHz. 3...

Be careful of wash sale rules. Boxes positions are not popular anymore.

Looking for Software Architects and Principal Software Engineers to take this leading investment technology company to the next level! Technologies: C#, WCF, WPF, .Net 4.0, CAB, Sql Server, T-SQL, TFS, MSTest/NUnit/RhinoMocks, TPL. Business Areas: Order Management, Risk, Analytics...

+1 to the answers above. I also want to clarify that it isn't up to you personally to deliver the borrowed shares on T+3. There is a whole middle-office process about inventory and delivery instructions. I assume that we are talking about US stocks (other countries have variations from this...

You can effectively short using a swap. Talk with your prime.

NetTecture provided a valuable reality check.

Drama is a tool to get and hold attention. Don't mistake a performance for authentic misunderstanding / reasonable disappointment / righteous indignation. One easy tell is when you are frequently wrongly accused. Check-out Karpman triangle. More generally, can you really fault the woman...

I believe with Nanex/NxCore you can buy as little as one day's worth of Level I and Level II data.