"In contrast to some of its competitors, IBG LLC is not making trades based on knowledge of customer order flow, but rather on its pricing...
To put it another way... If you so not have a million dollar tech budget... Then why would you chose to compete head-on with those that do?
This.
Any "intent" to manipulate the market is illegal... Whether expressly prohibited or not. Making a trade between 2 linked accounts... Is not...
It will never become law because it's idiotic.
The business press in not part of the Securities Industry... And, therefore, not regulated in any way. If you think free data is error-checked...
Today was the wildest day in terms of swings in financial paper in the 15 years I've been trading... (And I made 480 trades today and made about...
A virtually equivalent Merrill preferred MER-PM... Was issued in April 2007 at $25 to yield 6.45% Today, July 15th 2008 that security closed...
Your random system with martingale... Actually has negative expectations... Because you will be paying a penalty on each "stop" and reversal......
Hedging funds over/under priced relative to NAV... Does not work for various reasons: (1) This over/under pricing is COMMON KNOWLEDGE. (2)...
STFU smart ass. Many banks around the world are totally incompetent when sending wires... It's all still 80s technology. And IB doesn't...
You are not taking this seriously... maybe you should just get a job.
Free data feeds "blow away" pro-grade feeds that are priced accordingly. Another ET classic.
"The fund, which despite its struggles... Has delivered an annualized return of 10 percent since its 1999 inception, Began this year with just...
100% NYSE Listed routed SMART... But only about 75% (and dropping) executes on the NYSE... Versus > 92-93% one year ago.
There are exactly and ONLY 2 ways to make money trading: (1) Exploiting a market inefficiency. (2) Exploiting the bid/ask spread using Limit...
bid-ask spread average + $0.0035/share is reasonable for back-testing... Which is what you will pay on several million shares/month. As you...
I'm not being "pessimistic"... Just realistic based on > 1,000,000 trades over 15 years. I have a Computer Science degree as well... And...
Since you have an advanced degree in Computer Science... You should be able to comprehend that sub 1 millisecond platforms are already 3 year old...
Exactly. Every long position should be hedged with a similar short position. If you are managing an unhedged Portfolio... And thus making...
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