Right now I work 6AM-4:15PM Monday-Friday.

When I go to overnights I will work from around 11:45PM-8AM Sunday night through Friday morning.

That it exists, and the futures go up when hurricanes happen.

That's about the extent of my knowledge about orange juice futures.

Kind of funny trading story: http://en.wikipedia.org/wiki/Onion_Futures_Act

It's cool reading this stuff zim, like a mini blast from the past... I was a floor options trader in the late 90's in NYC, but it was equity options.

Good times.

Are floor trader positions really dying off?

Zimmer, what are your long term plans if this is the case?

They're kind of slowly dying off. There really isn't much High-Frequency stuff in options trading because it is a lot more complex so you can't do a ton by just setting it to automated trading. Some of it in the CME Options trading is just due to low volumes right now which I think will pick up eventually, but I can't guarantee that.

I think the downfalls of HFT outweigh the benefits and I think it needs to be highly regulated. The systemic risks it introduces are a huge factor, especially as every market seems to be more correlated than ever nowadays.

If there's no more jobs to be had trading then I would probably find a different line of work I guess. I wouldn't like it as I'd probably prefer at this point to just do trading until I retire. Wouldn't be anything new, I was playing poker professionally until Black Friday, then got a sales job in financial planning, then found my current job. I feel like as long as I don't get fired with cause or anything like that, then I should be able to find a different job.

cats > dogs ainec

edit: best part of the vid is there are multiple times where the cat looks like he's falling asleep

trololol

He's a regular Neil Purrt

That cat is awesome.

When cats don't give ****s, they do not give ****s. Like if one is lying down, first you put one pillow on them and there's no reaction, so then you put ALL the pillows and they still don't care. Cats gonna do what a cats gonna do and if that is chill, they're going to chill regardless.

What are your thoughts on the efficient market hypothesis?

http://www.buzzfeed.com/whitneyjeffe...re-illustrated

I think it's a solid theory but really misses when given real world applications. Especially in the markets traded today where the value of a stock or a commodity is all dependent on events that happen and not necessarily the underlying fundamentals. I think the tendency lately from what I've seen is that the markets vastly overreact to every rumor that is released about Europe or QE3, so everybody moves quickly in one direction to try to get the jump on everybody else, so that it moves the market far more than the news should.

I think in the long run free trading markets are efficient, but in the short run there are factors other than what the price of the underlying is valued at that create inefficiencies. There are also other factors like a large buy order or sell order that can move the market but doesn't necessarily reflect an efficient pricing of the underlying.

Please PM me the name of the firm too. There is a decent chance I interviewed with you guys.

Thoughts on prop/hedge funds vs. sell side trading?

Do you think high-frequency traders create wealth? Do you think the rise of quants has increased the risk of systemic failure and if so what would you do about it?

one time reddit front page with that cat video, ONE TIME

Victoria Secret fashion show on CBS now at 10pm

i assume you mean this?

Too much talking so far. LINGERIE

Yes sirrrrrrr

****ing gym is gonna be packed tomorrow.

no, I mean the 2.35 million share block of AAPL shares that traded at like 11:21:53 at 571.10 for $1.35B (if I remember the details correctly).

im gonna party like its 3012 tonight imo

Go drink a warm glass of milk and hit the sack biebs. **** me.

One last thing on the costas bit, thank god SE is void of DBJ and the other "dey gunna take our guns" nuts in OOT/lolpolitics.

Every girl I know on FB/Twitter is hate watching the VS fashion show. Marvelous.