a hand tool with one side of its head forged and sharpened to a cutting edge, used for felling trees, splitting timber, etc

for corporate bonds, you can get trade data (price, volume, time and type of trade) from FINRA. go to finra.orgBond descriptive info is also on their websitefor Munis you can go to MSRBboth are free

Why in the world would you want to work at a ratings agency? With an MFE, I'd expect you to be smart enough to know that that is a terrible job.

<t>winstontj:retail brokerage costs are so low now... some are < $10/trade regardless of size. So we're talking 1bp of bro give-or-take.What do you pay your PB?I haven't tried to short a pair of leveraged ETFs recently, maybe it's easier now. I'll try again soon and see if e*trade will let me put th...

<t>here's how you make profits on a CVA desk.1) you get paid by an internal desk to cover their c/p risk. you stay long and the credit tightens... you make money (similar to #2 below)2) Prop trading in a credit you may or may not have a risk in3) you way overcharge a moronic internal desk that doesn...

I'm hearing that the only reason swap spreads are negative is the reason you gave... exotics desks all one-way into an illiquid market

<t>I think that website stinks.Try this: "Yankees hits" (you'll get a nice chart of hits/season for the Yankees plus some other stats)"Arsenal goals" (you'll get NOTHING)"Steelers touchdowns" (you'll get NOTHING)strange eh? very limited in the data it seems to have access tojust tried "Beta GM" (got...

<t>With respect to Mathmarc's rationale...if this is correct, than why were swap spreads positive until 2008? What he's saying has always been true.I have looked at a long time-series, and this is indeed the first time they have gone negative.I have heard freddiemac's explanation from some other peo...

<t>Paul... this entire discussion would be a lot more interesting if you could be either long or short these products... but you can't. There doesn't seem to be any consistent borrow available on any of the leveraged ETFs. I've tried repeatedly to short these things, and have been unable. If anyone ...

<t>there is an etf with the symbol USLit's the front 12 months of WTI, rather than the rolling front month.here's a description:"The investment seeks to replicate the changes in percentage terms of the price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the changes in the ...

<t>cmjt: doesn't your math miss the distribution payments (like dividends) that the leveraged ETFs pay. These distributions are not the same as the dividends on the underlying index, instead, they seem to be dependent on interest rates, the percentage of the fund that is invested in securities vs fu...

aren't short dividends paid deductible from dividends received for taxes? for example:SHORT: you pay $100 in dividends that you are short.LONG: you receive $85 NET in dividends after paying $15 in withholding taxes.TAXES: you receive a $15 tax refund at the end of the year.Is this correct?

<t>In my opinion, it is the trader's job to determine which vols & correlations to input into an accepted model. If there are no quoted options, than it's the trader's job to make a market. If he/she can't do that, then you shouldn't be trading this product. There should be smart controllers to ...

My view on the topic? It's a complete farce.