Recent content by binsley

congrats!! once you passed the test you have to do something pretty bad not to get the job. a friend started there a few years back and the standard was - basic salary (v.basic ), bonus based largely on company performance, s-t contract to be confirmed after 6 mths. once confirmed you have a...

Sharky - 1 of the biggest areas to get right is a break down of cost structures - a critical point which can alone determine the suitability of an arcade. It needs to broken down across product groups - index futures, bond futures, equities, CFD's, options etc as both an entry level comm...

I have done a little research into so-called arcades. It seems their main priorities are the trading of futures and fixed income instruments. As a result, most of these places seem not to focus resources/structure on the traders who are trading equities or cfd's. The front ends are very slow and...

its so very hard to find info on these places except from people who trade there but the couple of reports i had were that sta were better than a lot of the arcades. its really important though that you find someone who can give you a good insight into them before you sign. you wont learn much...

yep - well worth it. like any formal exam - errs on the theoretical side and if you are absolutely sure you never will want to be employed as an analyst/port. manager you may consider other routes to learning practical fundamentals (eg there is more practical info. in 'intelligent investor 'than...

like everything worth trading!! nature of the business - you just have to improve with (beyond ) the new competition or move on to the next growth area.(whatever that is??)

just out of interest what do you define as 'pure' trading - about which the guy originally asked? i've had another look - i don't see any specifics. what's so bad about market making? its really not that easy you know. theres an element to mkt making in what a lot of the guys on this site do...

sounds like a lot of fun!! - hows business these days? wisestguy - understnd the sentiment but i think you may be generalising a bit. some prop stuff is completely removed from client trading now for example. alsoi happen to know a hell of a lot of mega talented traders working in ibs and...

FX arb? i think you're right about that one - big swingers party only!! must be great to throw the size around those boys are used to?

isn't this spread dead as a duck these days?

don't agree GJ on your point about arbing. its well possible to do 'genuine' arbs at prop firms. why not? as long as you have a competitive price structure then there's no reason why you can't compete whether its dual listing pure arb, index arb, stat arb ...whatever. possibly risk arb might be...

sorry !! Is that it? doesn't even come close.......... The Stupidest Things President George W. Bush Has Ever Said 10) "Families is where our nation finds hope, where wings take dream." —LaCrosse, Wis., Oct. 18, 2000 9) "I know how hard it is for you to put food on your family." —Greater...

if you understand that how can you think this is a sensible plan? You would just be selling premium pure and simple. wheres the 4% come from? depends what the stocks do. if you sell across the board to diversify you're simply saying options are overpriced - which they are (insurance premium) -...

bet he's glad he came here!!

sell-side analyst is a research analyst who submits recommendations to fund managers/buy-side who 'unofficially' purchase that information (soft dollar commissions) through acting on the recommendations and executing through brokers of the sell-side analyst .