Recent content by John_Galt

  1. J

    do retail banks trade savings deposits?

    are they possibly investing the deposits in varying instruments?
  2. J

    do retail banks trade savings deposits?

    It is not a typo for sure. I called them up and asked why. the answer is: "we offer specials sometimes". I know I'm not going to get any technical answer involving derivatives from a clerk so nothing I'm looking for. WHYYYY???
  3. J

    do retail banks trade savings deposits?

    Looking at a local banks web site I noticed that they offer you the following rates on deposits: 2.5% if the deposit is locked in from 4<7 months. 5.2% if its locked in for 7<8 months and 2.5% on anything from 8<12months. source...
  4. J

    top trading houses, by volume

    Trader_0101, that would be great. The quote I have from the forums is "Bradley Young Age: 29 Firm: Futex City: Woking, England Trades: Futures (DAX, S&P, T-notes, gilt, bund, natural gas) Legend has it that just outside London in the small, affluent city of Woking resides a pure prop trader...
  5. J

    top trading houses, by volume

    well don't need the original article. If I can get details about that issue I can just reference it as if I have a copy.
  6. J

    top trading houses, by volume

    I've included futex as one of the prop shops in my essay. Anyone know where I can find that article in Trader monthly about Bradley Young? I've seen alot of the stuff on forums but I can't find any original source or copy of that article (just because I need to reference it, and i can't...
  7. J

    top trading houses, by volume

    :D Yeah, its very hard to find anything which I can use as evidence. Its better than doing my essay on Johnson&Johnson diversity issues though!
  8. J

    top trading houses, by volume

    I'm doing a research project on trading firms and their organizational structure (for my undergrad studies). Trying to make some links between management strategies/initiatives and company success, and some side discussion of the prop shop model. As not much data is available I thought I would...
  9. J

    becoming a global macro player

    timezone... The Seng suits me perfectly so that I'm basically working 2 full-time jobs. Dealing at night, trading the seng during the day (and fitting in some sleep).
  10. J

    becoming a global macro player

    Since posting this a long time ago I've made a few decisions. One is that I'm concentrating on short-term trading. As Anley mentioned, specialty is king. Right now I love what I'm doing so I'm sticking with that and not concerning myself with what I may/could/should want to do. I will be...
  11. J

    Emigration??

    why would you want to come here for trading? high tax rate and terrible time-zone. Also, I hear connectivity to eurex is no good for very quick scalpers. Australia is nice for a holiday but not for trading (unless you wanna come trade the SPI). Considered Dubai? Singapore?
  12. J

    hang seng trading hours

    futures have also been shortened by 15min
  13. J

    Average Prop Trader Salary

    Tobi99, Au959 was saying in one of his post describing Tibra, that it is indeed their infrastructure and capital backing which allows their traders to take advantage of market opportunities out of reach to most. Its a different type of trading. It wouldn't pay for them to have traders making...
  14. J

    a day in the life of a scalper vs MM vs IB prop trader

    To be the best you need to love what you do. To be able to get into that enhanced state of learning where you lose sense of time and it doesn't feel like doing homework in high school. Scalping is accessible to everyone and easy to try out, but trading anything else is not - so you would never...
  15. J

    any futures for prop traders??

    also bucket shops are called that cas they "bucket" your positions and are basically trading against you. at least thats what i thought. traders bunching together and getting access to cheaper commissions and economies of scale has nothing to do with this. DUBAIPTG is a bucket shop lol.
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