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  1. O

    Sugar futures arbitrage

    Please PM me to discuss FCMs, etc.
  2. O

    Sugar futures arbitrage

    I do. I made a typo above -- sugar is actually on Zhengzhou. Can trade on Dalian, Zhengzhou, and Shanghai. Only have colo in Shanghai, however. The refined on ICE barely trades. For instance, this Reuters article talks about doing the ICE-ZCE arbitrage in the night session as if its very...
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    Sugar futures arbitrage

    Hi Is anyone here familiar with sugar futures trading? Specifically ICE #11 sugar vs DCE sugar white. Seems like sugar white in China is always at a huge premium and fluctuates wildly vs ICE, and the correlation is sometimes strong and sometimes quite poor.
  4. O

    HFT US equities comms

    Thanks for the response. We are 3mils excluding pass-through fees and excluding colo charges (although Mahwah is probably enough to start). I don't think we would be subject to non-display fees, but I'm not sure. Why do you think we would be?
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    HFT US equities comms

    Hi We are looking at getting into HFT on US equities. Most of the experience is in FX/Futures, and my knowledge of how low comms go might be stale. $3/10000 is what we have been offered--is this good/bad/average? On a 20 USD stock this comes out to $15/million notional.
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    where do binary options dealers hedge their risk?

    If a client were to let's say open multiple accounts legally and max out (100k digital per account) a pin risk at a specific daily binary strike, do you think that the dealer would be within its rights to amend/cancel the trades? I am wondering how this would generate feedback into the options...
  7. O

    where do binary options dealers hedge their risk?

    Where are they trading daily-expiry calls/puts on indices?
  8. O

    where do binary options dealers hedge their risk?

    Is there a substantial interbank/brokerdealer market for short-dated digital (binary) options on equity indices? I was wondering how a larger dealer like igmarkets would be hedging their risk typically or if they just warehouse it like a casino would.
  9. O

    index dividend swaps

    Hi, Does anyone know where I can find or purchase historical price data on long-dated (more than 2 years maturity) index forwards? Aside from the more typically traded eurostoxx, nikkei, spx div swaps, I am looking to construct implied dividend curves for lesser traded otc forward indices...
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    Silicon Valley traders

    I am in SF. What products do you trade?
  11. O

    broker for Grains spread options

    I'm looking for options on the Jul-Sep calendar spread. I couldn't see much going on in native contracts while perusing Bloomberg, but maybe that is my own ignorance. For instance, I would look to be selling the Jul12-Sep12 Call at +50 strike. Thanks
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    broker for Grains spread options

    Hi, I'm a tourist in the Grain ECBOT markets and looking for quotes on Corn Jul-Sep12 spread options. I would trade about 200-300 contracts notional. Does anyone have some contacts for dealers? Thanks
  13. O

    leasing a CBOT membership

    I'm using Interactive Brokers. Is the below IB sales contact incorrect? She is implying that the B-5 COM would suffice to get me 0.35/contract on ZC and ZW. I just got this message from them: " The CME Membership group is best suited to answer questions relating to eligibility and...
  14. O

    leasing a CBOT membership

    Where is a good place to lease seats from? Is there a better way than cold calling people on the CME website. For B1, Im happy to pay $1800/month as long as the paperwork is done fast and they help me explain what I need to do.
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    leasing a CBOT membership

    Ok thanks. http://www.cmegroup.com/company/files/Ags_New.pdf From this link, it looks like AM and COM can also trade ags though, no?
  16. O

    leasing a CBOT membership

    Hi, I'm interested in leasing a CBOT membership for 2 months starting ASAP. I am doing about 100 RT a day on ZC (corn) and ZW (wheat). What type of membership should I lease? B1, B2, B3, B4, or B5? Where can I see a summary of the benefits of each type? Strangely I could not find this on the...
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    proprietary trading haircut

    Hi, Is there a place where I can compare haircuts on OTC derivatives (specifically, non-deliverable forwards and options) and hedged basket vs. ETF? It is boggling my mind how wide the discrepancies are between firms. One firm can literally charge 5x more haircut than another on the same...
  18. O

    synthetic USD borrow using EFPs at IB

    Ok understood. Thanks for this detailed explanation, really appreciate it.
  19. O

    synthetic USD borrow using EFPs at IB

    Which simulator do you mean? Yes I have a portfolio margin account. I have about 300k in an ib account, looking to borrow as much as possible to withdraw at 2% or lower using short stock vs. long future strategy.
  20. O

    synthetic USD borrow using EFPs at IB

    Hi, Does anyone have experience here with trading long single stock EFPs (I'd sell stk short, buy futures) to generate synthetic USD borrow at IB? http://www.interactivebrokers.com/en/trading/pdfhighlights/PDF-ExchPhysical.php Do they allow you to withdraw the excess cash generated? Can...
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