SpreadProfessor Clients - Thanks !

Ok but you said there was more liquidity on tt than the broker mkt....that is false....i asked you to tell me the contract so i could check tick data and u failed to do so...at the time your claim on spark spread was made, the rules on swaps and elegible contract particiants would make it impossible for you to trade it as it was still a 100% voice broker swaps dominated market....even til thisdl day i cant find an electronic spark spread contract...so i can imagine 5 years ago....just bc it is listed by Tt and the exchange doest make the contract active...
 
ballsofgold said:
Ok but you said there was more liquidity on tt than the broker mkt....that is false....i asked you to tell me the contract so i could check tick data and u failed to do so...at the time your claim on spark spread was made, the rules on swaps and elegible contract particiants would make it impossible for you to trade it as it was still a 100% voice broker swaps dominated market....even til thisdl day i cant find an electronic spark spread contract...so i can imagine 5 years ago....just bc it is listed by Tt and the exchange doest make the contract active...
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And I never claimed to have traded any sort of "spark spread contract". I was using the TT AutoSpreader to trade the PJM-W Swap versus the NG Swap. In other words, using TT to leg into and out of heat rate spreads. And the HF I was trading for cleared MF Global and we had authorized exchange access to the swaps market and TT could be enabled for the electronic swaps market. There were probably two dozen firms in Chicago at the time trading swaps on TT. Many more using WebICE ( I also had up the WebICE portal ). And there were certainly times, not always, where I felt that I could get a better market electronically than through voice on the power side - certainly faster at times if the gas market was just where I wanted it to be and I couldn't wait for a voice broker to get a counter party to quote me a market. The gas was much more liquid than the power.
 
Bone, what is the symbol for the heat rate spread you were trading? It shouldn't be difficult to get historical volume if it was traded electronically.
 
Corrext it was heat rate not spark, apologies....it had caught my eye bc i wanted to see if i could trade it.

When i asked you back then about how you individually traded not being an ecp, your response indicated it was the first time you ever heard about ecp rules...then you went and removed tt heat rate from claim from your website...now you are saying you accessed it working for a fund....your story changes as quickly as the weather.

you never once mentioned anything about being at a hf and you simply declined to answer..when i checked all the liquidity contracts for electricity both on ice and cme, i couldnt find the tick data...webice does not sell tick data...so that is something i would understand..but from whatever open interest i saw it was all from block trades..moreover, the firm you indicated to have been clearing with at advantage doesnt offer this product but you realized this back then after i called u out.

I then posted am example statement mine asking to show the p$l closeout and why it was missing from your statement but you adamantly claimed that a debit was realized pnl when the actual monthly closeout item was purposely eliminated from your statement. There have been a ridiculous amount of lies that are so obvious to anyone with experience. If you can simply tell me which contract it was i will got back and find it and be the first to apologize...you failed to tell me then and you will fail to tell me nlw
 
I would be more than happy to take my resume of trading experiences over the past 20 plus years, match the timelines of my trading jobs, independent commercial fund and proprietary and products traded to clearing statements or direct them to the Company's CFO, and share that with any regulator. And that includes physical power, financial transmission rights, financially cleared power swaps and nat gas swaps, cash and derivative interest rates, all sorts of listed futures, etc. etc.. And I know for a fact that a regulator will know how to read a US registered proprietary trading statement. The TT autospreader gas vs. power screenshot was and is entirely legitimate. I have the trades to prove it to a regulator. Why leave something up if 99% of the population doesn't understand it or they will never be able to access the product suite - it just creates more fodder for the trolls. It makes no sense for me to give a narcissistic troll anything - they won't believe it and they will flame it regardless.
 
Why is this so difficult? It is just an instrument symbol. You probably have an effective "Introduction to spread trading course." Nobody doubts your experience.
I can access CQG data and verify your statements within a day or two.
 
It really isn't. It's not even that - the way everything has been handled has just been rubbish. If you lied, own it. If you misspoke, state it and move on. Enough of the dancing. I don't trade spreads so IDGAF on the whole, but have some backbone.
 
I want to seriously understand this. I'm having one of those "Emperor has no clothes" moments. Is this the PJM contract that bone is referring to?
 
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