How did we not see this coming!?! The Libyan rebels are now rich with petrodollars!  They are the Petrolistas! Bloomberg reports that the “Libyan rebels in Benghazi said they have created a new national oil company to replace the corporation … Continue reading →

A Trading Business Is No Longer A Trading Business – It Is A Software Business…Plain And Simple As trading businesses has evolved into either creators of software, or abundant consumers of software, many folks (traders) who would not generally have … Continue reading →

As of June 3rd, 2011, all trades sent down to the CME must include information as to whether the trade was invoked by some automated algorithms, or by some bloke using his mouse. So the CME is getting around to … Continue reading →

So innocent, so helpful, so warm and cuddly, a ‘no-fly zone’ “French, US, and British airstrikes have crippled Libyan coastal defenses and air abilities as the largest coalition of military force since the Iraq war enters its second day.” – … Continue reading →

We have re-designed the database on our web server that manages the WOW Index & Moab data. The new design should not only offer you increased performance, it will allow us to surface more germane real-time information for you. Currently, we … Continue reading →

We are updating our server. The WOW Indices will be down for a few hours. Apologies for any inconvenience.

HFT is  coming up against some headwinds… “The CFTC (Commodity Futures Trading Commission) Technology Advisory Committee has offered up recommendations covering pre-trade practices at trading firms, clearers and exchanges as the watchdog seeks to tighten up rules in the wake … Continue reading →

In the process of updating some of our software over the weekend we broke some other stuff. For the next day our Stop & Entry Prices will not be surfaced. We have a fix in place and will deploy it … Continue reading →

Why do the electronic markets shut down on the weekends? Isn’t all of the substantive electronic trading done by automated bots?  Do these bots get tired?  I think not. If the Fukushima Nuclear Power Plant melts over the weekend, then … Continue reading →

Traders will be traders will be traders.  Marcos Lopez de Prado has come up with a clever design that will allow Market Makers to hedge their book in the event of a flash crash. It’s a novel approach that offers … Continue reading →