Recent content by lebron23

Hi Hood would you know why the pay in Australia/US is significantly better than the pay in Amsterdam? I have been offered an Australian position on 100k base (about equivalent to 50Euro) and from the sounds of it a first year bonus of between 20 - 40k (10 - 20Eur).. so looking at a package of...

would have thought that trading in an arb firm would be best at a time like this - most volatility = most profit.

Yes Hood. Then on Monday they extended that to including all short sales. As of today however they advised the market that Market Makers would be allowed to short sell for the purposes of hedging - so Optiver is fine.

no hood, in Australia, anyway, it is on all short selling!! sorry for the confusion, and i know it is only indefinite.

Fair enough. I am slightly concerned as I have a grad job at one of them in the future and am not sure whether or not I should keep other options open in case the whole thing goes ass up. However maybe it will push smaller players out of the market? I don't really know and it is hard to...

How will firms such as optiver and tibra go with the ban on short selling?

ok thought so. well are they even def. guilty of it? these charges are often very hard to prove, especially in Australia anyway (and i thought we had some of the most regulator-friendly laws).

sorry, how much is a bar? haha i have never known! and was this just from the act of manipulation or do you mean from last financial year?

What does everyone think of this? $303mn was the fine for BP. I think as Optiver are much smaller the fine won't be that big but will be interesting to see!