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mgrund

Registered: Feb 2012
Posts: 521

03-08-12 07:50 PM

Quote from just21:

David Kyte?

I remember when I also visited the floor whilst doing my A-levels and met Kyte.Surprised me how down to earth he was and generally a quiet man.I saw him trading once ( forgotten what pit it was ) he seemed to try and hold the positions he had for what was considered a long time for a local, obviously appeared to know what he was doing, and has done well out of it.However, he did appear to be a dogdirt scalper.

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just21

Registered: Feb 2002
Posts: 3300

03-08-12 08:07 PM

What do you expect people on the floor to do?

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mgrund

Registered: Feb 2012
Posts: 521

03-08-12 08:38 PM

Quote from just21:

What do you expect people on the floor to do?

Eh?In what sense?

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just21

Registered: Feb 2002
Posts: 3300

03-08-12 08:41 PM

You are criticising scalpers.

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mgrund

Registered: Feb 2012
Posts: 521

03-08-12 08:57 PM

Quote from just21:

You are criticising scalpers.

No I am not at all, many guys used to scalp well.Kyte was not one of them- he had trades on for a much longer time frame than the avearge scalper did.

Kyte and many other of the guys who owned/own the prop shops in the city have made most of there money from the broking side- not actual trading.I know of at least 4 who have become very rich owning Trading arcades ( By marking up the cost of the "desk fee" and Round Trip costs).3 of which were dogdirt traders, and struggled to break even.

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tuscan

Registered: Feb 2012
Posts: 6

07-06-12 09:29 AM

I was reading this thread about 4 months ago
could somebody tell how is the thing with eurex volume now ?
was it just a period or you still
there was some speculation on market efficiency etc
i don't have access to exchange - traded contract, no access to depth of market
thank you for your information and opinion
is eurostoxx good to trade for individual trader like it was 2 yrs ago ?

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