Jim c, Are you running any charting software or do you just hedge off the DOM and audio from the floor runners? Do you guys have any desks at the merc above the S & P pit? Duard
Here's mine. Notice the big piece of peeling paint behind my right monitor. I really need to get that fixed and repaint this room...but that would require me to move my desk and undo the mess of wires underneath and that is not something I want to tackle at the moment.
hey Duard, I have charting (thompson financial) but I get most of my orders from the exchange floors. I have 4 clerks on the headset with me in different pits. I also have a guy at the Amex that arbs the spyders against the es. he is just on an open squawk to me. We do have a couple of merc desk in the Spus but these are now use for our options traders only. About 2 years ago I had a guy full time at the merc just quoting the Spus all day but as things went more and more to the screens we just did away with that. I do have two options clerks over there that pick up the line and give me orders occasionally. Currently I have about twenty traders that i fill orders for. They arb the orders to the clerks and I give em a price and send em on their way. "buy twenty for XYZ trader" is a typical order I get. This is given to me in big spu terms..so i know i have to execute or cross 100 es. the small stuff , like 7 big spus or less I just keep for myself most of the time and try to match it up with another order later, hopefully at a profit....hehe . good luck today. Jim