Posts Tagged ‘cftc’

  • Breakfast Links
    Posted by on March 12th, 2013 at 5:36 am, Comments: 0

    The real Second Amendment agenda.  You know it. Who took a chance on you? The Fukushima reactor, not so much radiation leaked out. Chicago Police [...]

  • The Price of Your Food and Fuel is Going Up
    Posted by on February 17th, 2013 at 10:19 am, Comments: 0

    It’s not inflation that will drive the price higher, nor the bungling policies of the Federal Reserve.  It’s regulatory inflation.  Or, an artificial constraint being [...]

  • Corzine Will Not Be Prosecuted
    Posted by on August 16th, 2012 at 9:46 am, Comments: 0

    There are a few ways that one can look at the headline today in the NY Times. First, you could say this is great for [...]

  • Where Is My Buggy Whip?
    Posted by on August 7th, 2012 at 7:45 am, Comments: 0

    If you read this blog regularly, you will see some blog posts devoted to high frequency trading(HFT). If you skim them, you will be left [...]

  • Electronic Trading Vs Open Outcry
    Posted by on June 22nd, 2012 at 8:40 am, Comments: 0

    There is a pretty big debate going on among traders right now. Neophytes say it’s about electronic trading versus open outcry, but it’s really a [...]

  • Does Speed Kill?
    Posted by on June 20th, 2012 at 7:15 am, Comments: 0

    The CFTC is going to move aggressively against high frequency traders. If you have read this blog, I have railed against HFT in some instances, [...]

  • Sub Penny Trading
    Posted by on June 6th, 2012 at 10:31 am, Comments: 0

    There is some talk these days about narrowing spreads in the stock market. Currently, it’s traded in pennies. It used to be traded in eighths. [...]

  • Jon Corzine is MF Guilty
    Posted by on March 23rd, 2012 at 4:56 pm, Comments: 0

    Corzine is guilty of fraud. Bloomberg just broke the story. Jon S. Corzine, MF Global Holding Ltd. (MFGLQ)’s chief executive officer, gave “direct instructions” to [...]

  • Position Limits on Capitol Hill
    Posted by on March 5th, 2012 at 10:18 am, Comments: 0

    Here we go again. Some lawmakers want to enact stricter position limits on speculators to try and stem the oil price rise. It’s stupid logic [...]

  • The Volcker Rule
    Posted by on January 11th, 2012 at 4:03 pm, Comments: 0

    The CFTC voted along party lines to enforce the Volcker Rule. Democrats voted for it, and Republicans against. As the rule is written, I’d vote [...]

  • CFTC Says CME No SRO
    Posted by on January 9th, 2012 at 5:05 pm, Comments: 0

    The abbreviations in my title might not mean a lot to you, but they are pretty earth shattering for the trading industry. The CFTC is [...]

  • Getting A Job In Finance: So, You Want To Be A Trader?
    Posted by on January 8th, 2012 at 9:19 am, Comments: 0

    From time to time, people contact me and ask me how to get into the trading business. They have taken a class in college, or [...]

  • Why Banks Hate Exchanges
    Posted by on December 14th, 2011 at 8:28 am, Comments: 0

    Banks on Wall Street do business on exchanges, but in reality they hate them. The big banks despise the existence of places like the New [...]

  • CFTC Might Perpetuate Fraud
    Posted by on December 5th, 2011 at 11:58 am, Comments: 0

    This morning, CFTC Commissioner Bart Chilton was on CNBC and spoke about the MF Global disaster. The one point I want to concentrate on is [...]

  • Recent CFTC Rulings
    Posted by on October 19th, 2011 at 7:16 am, Comments: 0

    The CFTC made two controversial rulings yesterday. One was to impose position limits on traders. The second was to change the capital needed to join [...]

  • Government Turns Both Barrels on Honest Business
    Posted by on August 31st, 2011 at 8:16 am, Comments: 0

    If you were not outraged by the malpractice at the CFTC over the past few years before, you ought to be now. It’s so bad [...]

  • More on Regulation and the Transaction Tax
    Posted by on February 17th, 2011 at 6:32 am, Comments: 0

    Bart Chilton recently penned an editorial in the Chicago Tribune.  It was entitled, “Deal or No Deal?”.  I think I can answer that question.  No [...]

  • Demand Hardest Thing to Gauge In Commodities Inflation
    Posted by on February 3rd, 2011 at 7:49 am, Comments: 0

    Commodities are on fire. Back when the stimulus was enacted, most old traders that I knew said commodities would scream higher. They were survivors of [...]