Banks may have stopped accepting California's IOUs, but a new market for buying and selling such warrants has launched through the SecondMarket service. How does it work? Stacey Delo has the interview.From MarketWatch
Thursday 16 July 2009
New Market for California IOUs
Banks may have stopped accepting California's IOUs, but a new market for buying and selling such warrants has launched through the SecondMarket service. How does it work? Stacey Delo has the interview.From MarketWatch
Bernie Madoff Countdown Clock
I made a Bernie Madoff Countdown clock after seeing it on Letterman tonight.
About 150 years to go, maybe only 130 if he's good.
About 150 years to go, maybe only 130 if he's good.
Bernie Madoff Countdown Clock
I made a Bernie Madoff Countdown clock after seeing it on Letterman tonight.
About 150 years to go, maybe only 130 if he's good.
About 150 years to go, maybe only 130 if he's good.
Friday 10 July 2009
Emerging Market Spotlight - China - Bloomberg
Strong Demand still in railroads, coal, water, oil, and agriculture commodities.
Emerging Market Spotlight - China - Bloomberg
Strong Demand still in railroads, coal, water, oil, and agriculture commodities.
Wednesday 8 July 2009
What happened to the Budweiser Wassup guys?
Remember the good old days-
This is them in 2008, the part where Dookie looks at his stocks is hilarious-
This is them in 2008, the part where Dookie looks at his stocks is hilarious-
What happened to the Budweiser Wassup guys?
Remember the good old days-
This is them in 2008, the part where Dookie looks at his stocks is hilarious-
This is them in 2008, the part where Dookie looks at his stocks is hilarious-
Tuesday 7 July 2009
CME Futures news
Its been a long time now since the CME bought out CBOT, but now the CBOT is officially going to be decommissioned sometime during the middle of this month.
The CME is also increasing the TICK increment on Bond futures to help improve liquidity. I'm wondering how brokers will adjust margin requirements on bond futures after this change in TICK increment.
The CME is also increasing the TICK increment on Bond futures to help improve liquidity. I'm wondering how brokers will adjust margin requirements on bond futures after this change in TICK increment.
CME Group, the world's largest and most diverse derivatives exchange, today announced plans to increase the minimum trading increment for U.S. Treasury Bond futures to 1/32nd from the current setting of 1/2 of 1/32nd, effective August 30. The change will be applied to all expiration months. The minimum trading increments for futures intermonth and intercommodity spreads as well as options will be unchanged. This contract is listed with, and subject to, the rules and regulations of CBOT.The CME is also making changes to the S&P Financial SPCTR Index and the S&P Technology SPCTR Index futures contracts.
CME Group, the world's largest and most diverse derivatives exchange, announced today that the multiplier for the S&P Financial SPCTR Index and the S&P Technology SPCTR Index futures contracts will each double to $250 times the index price beginning Monday, July 27. Along with the increase in the contract multiplier, the new minimum tick size will also double to $25.00 per contract. These contracts are listed with, and subject to, the rules and regulations of CME.
CME Futures news
Its been a long time now since the CME bought out CBOT, but now the CBOT is officially going to be decommissioned sometime during the middle of this month.
The CME is also increasing the TICK increment on Bond futures to help improve liquidity. I'm wondering how brokers will adjust margin requirements on bond futures after this change in TICK increment.
The CME is also increasing the TICK increment on Bond futures to help improve liquidity. I'm wondering how brokers will adjust margin requirements on bond futures after this change in TICK increment.
CME Group, the world's largest and most diverse derivatives exchange, today announced plans to increase the minimum trading increment for U.S. Treasury Bond futures to 1/32nd from the current setting of 1/2 of 1/32nd, effective August 30. The change will be applied to all expiration months. The minimum trading increments for futures intermonth and intercommodity spreads as well as options will be unchanged. This contract is listed with, and subject to, the rules and regulations of CBOT.The CME is also making changes to the S&P Financial SPCTR Index and the S&P Technology SPCTR Index futures contracts.
CME Group, the world's largest and most diverse derivatives exchange, announced today that the multiplier for the S&P Financial SPCTR Index and the S&P Technology SPCTR Index futures contracts will each double to $250 times the index price beginning Monday, July 27. Along with the increase in the contract multiplier, the new minimum tick size will also double to $25.00 per contract. These contracts are listed with, and subject to, the rules and regulations of CME.
Sunday 5 July 2009
Goldman Sachs Secrets Revealed
Over the weekend Goldman Sachs had an ex-employee "accidentally collect" some files that contained the codes to Goldman Sachs Automated Trading System.
From CNBC-
Part of his LinkedIn Profile-
From CNBC-
The criminal case began to unfold on the evening of July 3, when Aleynikov was arrested by FBI agents at Newark Airport after returning from Chicago. Aleynikov apparently had just started a job with another big firm in Chicago after leaving his previous employer in New York in early June. It appears that the financial institution allegedly victimized by Aleynikov had alerted federal authorities that its former employee might be up to no good.The Accused thief's name is Sergey Aleynikov-
Part of his LinkedIn Profile-
Goldman Sachs Secrets Revealed
Over the weekend Goldman Sachs had an ex-employee "accidentally collect" some files that contained the codes to Goldman Sachs Automated Trading System.
From CNBC-
Part of his LinkedIn Profile-
From CNBC-
The criminal case began to unfold on the evening of July 3, when Aleynikov was arrested by FBI agents at Newark Airport after returning from Chicago. Aleynikov apparently had just started a job with another big firm in Chicago after leaving his previous employer in New York in early June. It appears that the financial institution allegedly victimized by Aleynikov had alerted federal authorities that its former employee might be up to no good.The Accused thief's name is Sergey Aleynikov-
Part of his LinkedIn Profile-
Thursday 2 July 2009
Unemployment June 2009- Rises to 9.5%
Unemployment June 2009- Rises to 9.5%
Wednesday 1 July 2009
NinjaTrader Connect- Login Failed
Ever have a problem connecting to your data feed when using Ninjatrader while simultaneously using QuoteTracker? If you have quotes running on QT before you connect to your data feed on Ninjatrader you may get a connection login failed. In order to resolve this, stop the quotes in QT, then restart Ninjatrader and connect your data feed in Ninjatrader first, then start quotes in QuoteTracker.
NinjaTrader Connect- Login Failed
Ever have a problem connecting to your data feed when using Ninjatrader while simultaneously using QuoteTracker? If you have quotes running on QT before you connect to your data feed on Ninjatrader you may get a connection login failed. In order to resolve this, stop the quotes in QT, then restart Ninjatrader and connect your data feed in Ninjatrader first, then start quotes in QuoteTracker.
QuoteTracker Error - exception processing message c0000013
Ever get an error when clicking on the menu bar in Quotetracker? I thought it was an issue with running Ninjatrader simultaneously, but it wasn't. It turns out it was due to my phone being plugged into the USB port. Unplug the phone, and problem fixed.
QuoteTracker Error - exception processing message c0000013
Ever get an error when clicking on the menu bar in Quotetracker? I thought it was an issue with running Ninjatrader simultaneously, but it wasn't. It turns out it was due to my phone being plugged into the USB port. Unplug the phone, and problem fixed.