I have no idea about retail prop, especially in the US.
To reply to the inital question: use the Black Model as suggested (wikipedia is good on this). This means in generalised Black Scholes model...
Sounds familiar...:). Good luck!
Same question you asked 10 years ago...:confused:
It always come back to: what's the point of hedge fund like performance characteristics? It should always be about what makes the returns...
Because they rank by FS score not returns by default. In the end you can adjust returns to taste by raising or lowering leverage. FS score, which...
Thinking commercials are the smart money is the wrong way round. Commercials can take positions not necessarily because they have any conviction...
Short answer: I don't know Long answer (not that have any firm conviction one way or the other, these are just the broad arguments): valuation...
HK currency board survived 1997 despite being attacked. Same rate to USD since 1980s. Go ahead sell the HKD, knock yourself out.
They had sub $10m at the start of 2016. Also their model is a longer term equity strategy (see average holding period for winners and losers,...
It hasn't been called CSFB since at least 2005....do keep up! ;)
Dunno! I may well misremember and I can't find a reference to it now sadly... This paper is pretty good on the OP topic. It's a bit dated but...
Seem to remember a famous academic(?) paper a good few years ago which examined Citibank's fx trading. It found that they made 100+X% of their...
From memory not discussed much. It sounded as if it was just about all they could manage to keep up with the pace of technological change. And the...
Kevin Rodgers's book 'Why Aren't They Shouting?' is indirectly quite good on this. It's more of a wander through how fx trading changed since the...
An email from IB UK just received says: "Dear IBKR Client, You may have received an alert stating that there was a significant change to the...
I have JPY FOP positions and did not receive any notification. Have also logged into messages to check and nothing there.
Thanks. That would explain why the IB person said something like margin was not affected but it was better not to trade until the problem was...
It was indeed a bit scary, even though rationally I knew it did not make sense especially given I'd just checked my account. That said this is...
Back to normal for me now.
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