ABX volatilities actually hit NHs this week. I'd expected to see a contraction with the big banks feeding at the window. Buying the equity...
I concur with Cten with respect to keying-off the futures. Discretionary bank-prop models were often based upon this model.
Chicago is a great school, truly hard-core. I never followed the rankings, as I always felt that Kellogg and Wharton were overrated. Quants tend...
Absolutely, your academic credentials are a minor barrier to entry. You'll need a viable recommendation unless you're just out of undergrad. The...
I graduated magna from NYU and scored a good position. NYU placement is fantastic. After a few years I took a promotion in SF to be close to my...
Chicago GSB becomes more competitive the longer you're out of school, as is the case with any competitive program. I went to Haas and it was a...
No it isn't. 1. CFC isn't lending, they're borrowing. 2. The yield exceeds 20% on the deal. Where is the CFC paper marked? Please reply...
CFC borrows at 7.25% and this is a bullish development? Sell the pop.
1.5B today. :D
It's an equity swap lacking one critical element: reciprocity. Can we assume you're a pimp in your day-job?
I've stated there is no action at the window. It was material in its impact on the equity markets.
I agree. He's waiting for the next shoe to drop. I'd guess that shoe will hit the floor concurrent with a trade of 1350 to 1380 SPX.
There never is any action, regardless of handle. The ABX is still imploding. The only favorable impact was seen in the equity markets. Stating...
You're honestly going to argue that the discount cut wasn't material? Bernanke and Dodd are death to the economy and the dollar. Paulson is the man.
You assume the Fed has any true impact long-term. Bernanke is reactive, not proactive. He witnessed the decimation of the Nikkei after NY closed...
I recently left the sell-side to trade full-time from home. Not to pry, but what stake are you playing with? I wouldn't consider leaving $200k a...
I am with you on this one Surfer. Short ES from 1455.00. Cheers, Matt from SF
It would work in markets which are dominated by pit/ring action, but most of those markets are not screen traded, copper comes to mind. I would...
You were saying? Great risk-reward: http://www.collective2.com/cgi-perl/systems.mpl?want=publicdetails&systemid=25893477&session=1
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