I worked there. After a few weeks of unsupervised and unprofitable simulated trading they gave me a form to sign which said that if I didn't...
1. How has the "merger" with Penson affected GH? (reputation on the street, internal perception, etc...) It used to be more salaried traders,...
in the late 1990s, the DM/USD had resistance at 1.42, when it closed above this level it went to 1.45. I think the eur/usd will behave the same,...
Mind if I plagiarise this for my Oxford PHD? shrinking population? only new labour pool is Arabs? I haven't seen an Arab in ages, but a...
eurozone manufacturing orders fell 1.1 points based on RBS survey. RBS services survey posted biggest drop since it began in 1998 per Bloomberg.
I love the way whenever a female journalist asks him a question he refers to her as "madame"
M3 is not the level of cash in the money market - money market volume is best measured by volume of 1mth and 3mth commercial paper sold each...
Fed, ECB and BoE don't need to hike rates again, the money market has already done it for them a few times over. big issue with the disparity...
The ECB injected money into the overnight market, which is dealt in by banks with AAA ratings, hardly "irresponsible" - top quality debt at the...
short dated bonds - ie 2 year or 5 year.
for those of us who work in the OTC money market, the ECB made a big difference today. sterling was doing over 6.25% at about 11am, then fell...
broke trend line of last 40 odd days and stops got taken out. touched 40 day MA and bids came in, as per DJ which bounced at 40 day MA - 40 day...
they don't do it. typical bank prop trader uses a six figure stop loss and aims for 6 figure profit. scalping is out of the question. they...
don't worry, there's still plenty of time to go long usd/cad!
I want to see a close above 112.30-40 area before I go long euribor is at 4.5% for Christmas so we probably have few more hikes to come
think it has 2nd highest volume of anything apart from Fed Funds. (trader monthly, 2006). you may not love it but your clearer will.
agreed. daily charts on the bund is easy. eurostoxx has similar liquidity, ranges, but a kinder order book for daytrading. daytrading the...
if you work near a bank sales desk you'll know that every man and his dog bought dollars today from 2.012 down to 2.005 more so UK clients than...
^^^^^ what he said! The downsides are that a lot of your money is tied up for months doing zilch. also: the biggest downside is that swaps...
the swap is done with say a long position spot or prespot for the near leg. the far leg is a closeout of the near leg at a predetermined price...
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