In response to the OP, I'd work the order if it was large, otherwise I'd just give them a wide quote. This will prevent losses.
The truth is simple: the money is made from the comissions and not from taking outright risk. If I make 1 basis point from $1,000,000,000 of...
They are phoning up a real broker "Mint" based in Cannon Street. Similar setup as ICAP but on a smaller scale. The money is real and as they...
Most traders call up when they want to deal in size, especially anything over $10m. The machine they put their trade tickets into was a time...
The strategies they use, risk management and tools. Bearing in mind they are a company that pays a salary, lets you trade their money and...
50% payout is a nice number but I'm more interested as to how they are taught to trade. If it was just a matter of buy low and sell high, I'd...
Hi, I'm curious to the strategy employed by First New York. Are there any ex-traders from the firm that have any insight?
I'd work on the sell side until you are confident that you can make money from being on the buy side.
It depends on the probability distribution you use. Black Scholes Merton relies on lognormal, but general statistics uses the normal. There...
Hi, Can anyone advise? Thanks!
Hi Def, I haven't opened an account yet with IB and the demo account does not have the functionality. If you can tell me the formula that is...
Hi all, Just a quick question. What is the margin requirement on Interactive Brokers currently if I want to short a strangle on ESX? Thanks...
LOL if I buy a share for 100 bucks, someone gets my 100 bucks and I get a share. If the share goes up to 200 bucks and I sell it at that price,...
Buying a share is the same as buying an asset: you've paid full value for it. Buying or selling a derivative is a contract whereby you are...
I would focus on where you are trying to get to rather than what others have got. I work in an investment bank where everyone at the moment is...
You can manage other people's money. Then your risk is zero as you still get paid even if you lose money. The catch of course is that the people...
Hi all, I've read all of this thread and have noted a few issues. Everyone mentions correlations and ratios, but has anyone tested these...
I think other people have identified your strategy and competed the profits away.
back on topic, it happens even at my bank that the trader inputs a deal that is out by a factor of ten or does it the wrong way round. the traders...
don't forget they have fischer black, one of the guys that worked out the options pricing model. they are a huge statistical powerhouse.
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