Recent content by Block_king

http://www.cityam.com/markets-and-investments/your-broker-trading-against-you Read this this morning- The FXCM guy alleges that there SB firms deliberately make it hard for you to close orders when you're in the green, delay your orders if you're a successful trader, etc. Worth noting he's...

If you got skills in VBA and SAS plus previous work as a statistician sounds like you got a good background imo, maybe learn C++ too to be even better. Dunno how old you are but if you do the PHD route into stats you could look at becoming a quant, you could get in that way, someone with...

What is your maths like? MMs normally want very strong mental maths as well as obvious maths skills. You also need to know some programming to strengthen your CV for trading roles.

Hi guys. hopefully someone can give their opinion, don't worry about offending me or holding back, just say whatever you think, I'm not a shrinking violet. I lost my job last year as the firm had big losses and had to let the grads go. I am considering a role as a sports trader at the moment (I...

Thanks very much for explaining the 'drive-by' thing. Why would the BofE want to do a 'drive-by'? I'm confused as to what their incentives would be as I don't think they're mean and I'm not sure what point they'd be trying to make.

Forgive my ignorance, what do you mean by 'drive by or two'? My only understanding of the term is probably not what you are referring to.

Thanks for clarifying. I'm guessing the kind of person that would trade exec there would be very different in personality profile to an exec trader at a hedge fund lol.

Gooseman, why do you think that is? Is it because they tend to avoid traders/brokers/etc and hang out with other civil servant types or is it some sort of thing whereby they are discouraged from hanging out with traders as they may have knowledge of MPC figures before they are announced,etc?

Do you mean the exec traders there or BofE people in general?

What sorts of people do they take on? Is it mainly graduates who have progressed for a few years through their scheme or experienced exec traders from big firms? Thanks for taking the time to reply to my questions

I have heard that the BofE employs execution traders, mainly for the forex markets. Does anyone know what the traders do, what sorts of people they hire, what ages they are looking for and what the work involves? Responses would be immensely appreciated

You make 1k an hour? ****ing hell why even work if you're drawing that sort of p. By my reckoning you could work only a few days a month and have enough money to not have to work and can spend the rest of the time playing Xbox, smoking weed or whateve else you want to do. I thought he was a...

Regarding % it is normally around 50% if you are earning less than 100k, and then the percentage goes more and more your way the more money you earn, with a mil a year meaning they should get a 10% cut. TBH though it depends on the firm, but this is a ball-park, other people have their figures...

I would say Futex are pretty ****. They same extremely incompetent and I wouldn't bother when there are numerous firms in London and elsewhere that provide decent training. If people want to apply to them after knowing the generally poor reputation they have, then good luck to them.

Yeah I thought it wasn't kosher thanks for reading it a bit more thoroughly. Hopefully anyone considering doing their course reads this thread.