Tag Archives: liquidity

Free Money

@isomorphisms: Higgs Boson Particle to be observed on/before 31 Dec 2012 = 68.0% @Intrade bit.ly/MP3Eo0 @isomorphisms: Higgs 2013 = 80%, Higgs 2014 = 85%, Higgs 2015 = 80.1%. Oops #EMH #arb There’s $2 three years from now sitting on the … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , | Leave a comment

market makers are normally paranoid that the other side of the trade “knows” what is going on and that it is a pickoff. as a market maker, you think “what can i do against this that makes sense?” so you … Continue reading

Quote | Posted on by | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

A One-Line Viewpoint on Trading

Given a time-series of one security’s price-train P[t], a low-frequency trader’s job (forgetting trading costs) is to find a step function S[t] to convolve against price changes P′[t] with the proviso that the other side to the trade exists. S[t] represents the bet … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment