SEC specialist investigations moving to U.S. options exchanges

Discussion in 'Options' started by wilburbear, Feb 18, 2006.

  1. Choad

    Choad

    I still get lots of pulled bids on AMEX option orders.

    I gotta remember to remove them from SMART...
     
  2. Ur,uhuhumm, for the record my name isn't really William Rennick, ur um I'm really just a 15 year old kid using my moms computer, that BS about me being an option trader, why that was my biggest tall tale of all. I wouldn't know an option from a glass of milk. But for whoever wants to know, Voletne,pentelo, hairdresser, those fellas are the real option traders.
    I guess I'll be gone for a while, I'm going overseas for about 7 years .

    ...Rennick outta here

    ps. BABABOOEE
     
  3. options trading is as suitable as suicide bombing.
     
  4. Thanks for the info.
     
  5. Trejos

    Trejos

    how did you get an ofer from GS, when I didn't even got an interview, suckers like you ruin it for hard working fellas like me...
     
  6. http://www.sec.gov/news/press/2006/2006-84.htm

    I know this is a slightly older thread, but, the PHLX options exchange just got busted by the SEC. The PHLX just happened to forget to surveil for options violations that would be profitable to the public, and detrimental to themselves. Funny thing. AMEX was also caught red-handed failing to surveil its options markets for not filling orders on their disseminated prices.

    But there is a difference between the PHLX and AMEX. The PHLX did not go on to falsify documents to cover up the problem (SEC caught AMEX doing this). AMEX did falsify documents.

    Other option exchanges are surely involved in not filling prices on their disseminated markets, when the price would be good for the public.

    Why aren't we seeing this on CNBC?
     
  7. Excellent news ! Maybe now IB will allowed us to to "exclude" PHLX from Smart ?
     
  8. Thank you for your contributions to Elite Trader.
     
    #10     Jun 22, 2006