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I am retired from international and investment banking. I have over 40 year experience in international commerce, foreign exchange, money markets, fixed income securities trading, securities financing, asset/ liability management, balance sheet planning before and after the Basel accords, risk management, audit, operations. I worked in Duesseldorf, Frankfurt, London, and the longest time, in Chicago and New York. I am now a private small scale equity trader and like to keep abreast of the market sentiments.
I am looking for quality input on SA and usually find excellent comments on the technical and business specific side of things. Unfortunately I find many misconceptions on how the general market works, the
hedging, the responsibilities of market participants etc.
Btw: my handle is the German word for Steam Engine, therefore please do not abbreviate!
Stocks - long, Stocks - short, Tech stocks
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the 61 bid disappeared for a moment, stock drops immediately. Volume is breathtaking, yawn.
May 15, 2014
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