Posts tagged New Jersey

Spoofing: Membership At CME

I have been called today by several reporters about membership procedures and processes at $CME.  The trader that was fingered for the Flash Crash was a B-3 Member.  I don’t own a membership today, and I don’t own stock in …






More on Trade Following Apps

With the democratization of Fin Tech, I am seeing more and more trade following app companies. The basic idea is unsophisticated traders can follow more sophisticated traders, learn and profit. There is a kickback to the sophisticated trader.  This is …






Don’t Cry For Argentina

Yesterday the market fell out of bed.  The Bears rejoiced, and the Bulls looked to the Fed.  It’s not as if people didn’t know Argentina would default.  They lost their court case and the government figures laws are for the …






The Presbyterian Church Marginalizes Itself

I was born and raised a Presbyterian.  Presbyterians and the US have a very close history.  The history books glorify Sam Adams and his efforts in Boston.  But, the kindling and initial fire for the American Revolution was made in …






Should Your Startup Be A Corporation or LLC?

One debate that startups constantly have is how to legally organize themselves.  The two basic types of legal entities are a corporate structure, or an LLC.  There are tax and operational advantages to each.  As an angel, I have invested …






Defund Obamacare, But Don’t Shut Down the Govt

There is a “filibuster” going on right now in the Senate.  The issue is Obamacare.  The entire thing is not ready for prime time. American people are against it by a large margin.  Unions have come out against it.  Politicians …






CFTC Coming At HFT

This is what happens when you don’t regulate yourself.  Or, perhaps it was inevitable since we are now “blessed” with an activist government. There are those out there that will jump up and down with joy that the CFTC is …






Breakfast Links

Great day in Austin yesterday.  Wound up at The Continental Club.  Thought parts of it were a Quentin Tarantino movie. Two Tons of Steel-Saw them last night.  Learned some new beer chugging tricks too. They lied about Benghazi. I like …






Breakfast Links

Ate at a new place in Chicago last night.  DaLobsta. Even New Englander’s will feel at home.  He’s on twitter @dalobstachicago.  Used to be a gourmet chef-and I mean big time gourmet chef. Commentary on the State of the Union Address.  …






Speed, HFT, Markets and the Money

The New York Times had an article on the new electronic marketplace over the week end.  This is a very challenging topic to write about.  The world of trading and “finance” is not just about stock markets.   There are …