Why has Landis82 not been banned for his racist comments.

[fkbsuhites]

Jakelisus is a rabid alien hatemonger who provides ZERO value to this forum expect his non stop vitriolic posts devoid of substance or intellectual acumen.


Landis on the other hand is a respected member who posts pertinent market information.

My vote is to Ban Jakelisus and we'll all be better off.

Quote from trendlover:

Landis is smart, and I think his posts are educational. For example this question he answer for another poster. And many more educational posts from Landis.



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Quote from jedwards:

If GS controls 25% of the daily volume with its program trading, how does it avoid trading with itself? If it does trade with itself, it could move the markets without any cost to itself.

Are they explicitly disallowed from trading with itself, or is it allowed? I would think it would be illegal, but who knows with the SEC these days.
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Quote from Landis:

You need to understand that there are two categories of program trading . . . one that a broker does in executing trades for a mutual fund or customer which are called "Agency" trades, and the other in which the trades are done as a "Principal".

Most of your program trading investment banks are executing orders strictly as an "agent" for their customer.

However, their are firms like Deutsche Bank, Morgan Stanley, Goldman, etc. that also "make a market" in the indexes and take the other side of the customer's order. This is a "Principal" trade and is what is done to facilitate an order for a customer.

The equity derivatives desk where most of these program trades occur then plays "hot potato" with the other side of the customer order by either immediately unwinding the new position that the desk took on, or they hedge it via futures and options.

This has been going on for years.
Nothing new.

There is also stock-index arbitrage that is done via computers with baskets of stock being bought/sold simultaneously with the S&P futures. This can also be done for customer account, or also for the proprietary account of the investment bank's equity derivative desk.

Hope this helps.

 

[Steelers Baby]

It is too bad your vote became tainted the second you registered the username FUCKBUSHITES........ there is absolutely nothing i would register as a critical thought out of a person who creates such a stupid racially motivated name....


Jakelisus is a rabid alienhatemonger who provides ZERO value to this expect his non stop vitriolic posts devoid of substance or intellectal acumen.


Landis on the other had is a respected member who posts pertinent market information.

My vote is to Ban Jakelisus and we'll all be better off. [/QUOTE]