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PureBytes Links
Trading Reference Links
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One of the clear benefits that the securities industry .. which the
futures industry still apparently resists ... is the use of electronic
routing and tracking.
In the securities industry we can identify every trade back to the wire
call of the brokerage office it originated from. Size trades also
require a fed id # (the threshold in options is 200 contracts). In my
memory there has been one incident of abuse in the last 25 years that
tracked back to Nassau account that had been emptied post trade prior to
investigation where the "beneficial" owner ended up being investigated
for insider activity and being untraceable. So the regulators seized
the brokerage firms assets....
The real conspiracy is why a trading community so actively resists being
brought into an environment of modern technology.
Scully ?
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