Domain: elitetrader.com
Stories and comments across the archive that link to elitetrader.com.
Comments · 9
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Futile attempt
Connections, not Code will fetch investments in Wall Street Firms. http://www.elitetrader.com/vb/showthread.php?threadid=199423
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Re:Been there
They hire straight from college to ensure their thinking and work habits are untainted.
http://www.elitetrader.com/vb/printthread.php?threadid=184387 -
Re:Go with the simple over complex theory
The leader's name is "JT Ready", and he's a media whore. They'll show up at any event in the Phoenix area that gets media coverage - but they are there.
A quick Google:
http://www.thegatewaypundit.com/2011/10/unreal-neo-nazis-patrol-occupy-phonix-with-ar-15s-media-silent/
http://www.elitetrader.com/vb/showthread.php?threadid=229899 -
Their thinking and work habits are untainted
Many of the firm's 30 employees are not yet 25.
They were hired straight from college to ensure their thinking and work habits are untainted.
Now they're making Wall Street's latest fortune, a fraction of a penny at a time.
http://www.elitetrader.com/vb/printthread.php?threadid=184387 -
Hire straight from college
Many of the firm's 30 employees are not yet 25.
They were hired straight from college to ensure their thinking and work habits are untainted.
Now they're making Wall Street's latest fortune, a fraction of a penny at a time.http://www.elitetrader.com/vb/printthread.php?threadid=184387
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Re:Think of the children (of the terrorists)
Digg and its abuse of the Digg Website Editorial Anonymous Coward writes "www.digg.com Is it an entertainment version of the news of is it really a way for community to develop control over what is important? You decide. Today it has not allowed and yesterday has not allowed for the visitors to see the breaking news regarding How CNN and the BBC are getting screwed in the public opinion mind for their reporting of the collapse of WTC 7 Prior to its collapse. People take this for granted and that is why the L.A. Times is able to publish Photoshoped Pictures that get passed on as real. Lets be real, Please. http://www.elitetrader.com/vb/showthread.php?thre
a did=88001" -
Find a forum that actually has some Traders in it
Elite Trader, for example.
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chronology of events
According to the posts on elitetrader.com:
"A guy in my office said it was a trader at Bear. He was supposed to send a market order for 9,000....accidentally sent it for 9,000,000."
Apparently an erroneous sell order (offer) was placed for 9M shares at $42. About 2M shares executed before the remainder of the order was canceled.
Read the real-time reaction of traders here:
http://www.elitetrader.com/vb/showthread.php?s=&th readid=25431
Everyone realizes the offer is out of line. Some declare "free money!" and purchase as many as they can, then sell at $47, $52, $55, etc. None seem to realize that trades will be busted (canceled) until it's officially announced. -
A few options
On non-windows platforms you're pretty much limited to MyTrack Java SDK and Interactive Brokers (Doesn't play nice with mozilla) for retail services.
MyTrack offers pretty good data although it can lag a good bit behind the marked (5-20 sec) and seems to be mostly unsupported.
IB's data is, well, you wouldn't want to trade off it alone. However the executions are great and their fee schedule is very competitive. Their Java TWS, which runs very well on Linux/UNIX, is somewhat programmable via either a socket interface or Java API.
I haven't worked with the MyTrack SDK for years so I can't comment on MyTrack's performance recently, but their executions were not comparable with other EDAT brokers and barely up to web broker standards when I used them. IB offers pretty good market coverage especially in commodities and options. Currently their API limits executions to their proprietary routing system, the client offers direct access routing to various exchanges. They also offer a much richer API to pro customers although their fees aren't as competitive in that area.
It's also worth mentioning that IB's platform is a bare-bones, no handholding, execution platform. If you want support and fancy tools go elsewhere but their executions and margin policies are pretty good (exchange min. on most contracts). When there is a problem however, you'll be happy to have a backup broker to hedge the positions you hold with IB. They require this in their customer agreement
See ibusers Yahoo group and EliteTrader Direct Access forum for more information. I only mention options that are available on Linux/UNIX for retail brokers because thats all I've investigated for my own use. I may post a better summary when I recover from last night..