Recent content by Directional

it queries to see if the platform returns an open position or not. If the code has generated a long or short, then MarketPosition will = 1 or -1 and therefore this part of the code will not run until you are flat again (when marketposition will =0).

we're getting optical broadband rolled out across Riga by the state carrier... 100mbps upload & download for about 15 quid a month available from next month, pretty sweet IMO!

Those shortcut keys are pretty handy to know, i hadnt come across those before. thanks :thumbsup:

thinking of unusual place names, amusingly enough, there is a real place called "Brown Willy" in Cornwall.... :cheesy...

Anyone got any thoughts on these proposed new regulations on fund managers? According to the Times, some enormous funds are looking jump ship and leave London for Switzerland already: City hedge fund exodus begins - Times Online I hadnt heard anything about this directive, so I looked it up -...

Alarmed at the speed of his losses, Dave called Blue Index. Don't panic he was...

thats gross profits. If you cant do $25k, you will barely cover your costs - desk and software fee's are about $2k a month.

try asking Arabianights. He may require you to wear a pig costume, and cartwheel round the trading floor however...

a fund wouldnt spread bet for the simple reason that they could trade more size, and get a much better execution price trading in the underlying market. Also, SB profits are only tax free if they are not considered the "carrying on of a trade" by HMRC which a fund most certainly would be, so...

if there are any, the commission will be hidden in a widened bid/ask spread which will cost you the same or more as a commission.

oil contango arbitrage is basically buying the front month to take delivery of the physical, hiring a supertanker to put the oil in and store it whilst simultaneously selling a further out month with the view to keep the oil in the tanker and deliver it at the higher sell price. Its risk free...

Dukascopy operate as an ECN aggregator. From my own investigations they seem to be an excellent setup. Set yourself up with a free demo account and have a play around. You'll need $50k to open a live acct though.

Basically, available liquidity is never going to be an issue for the sort of size that 99.9% of traders on T2W do. Whether or not a bucket shop will still slip you at £1 per point is a totally different issue, and nothing really to do with proper "liquidity".

if you're working bids and offers, for example in the STIRS, I'd consider that to be making a market. LIFFE recognise it by provide "liquidity provider rebates", although that is seperate and distinct from the DMM programme.

depends what your definition of "aggressive trading" is, doesnt it. It could mean exceptionally frequent trading, or taking what you'd consider to be more risky setups. Day trading could be considered aggressive, to a macro position trader. What do you really mean when you say aggressive trading?