Day Traders

Sack, Kevin. Gunman Slays 9 at Brokerages in Atlanta. The New York Times, July 30, 1999, p. A1. Reports on a killing rampage by failed Atlanta securities day-trader Mark O. Barton who killed nine people, wounded 12, and finally killed himself when cornered by police. 

In the pre-euro days, traders were usually organized by currency. Now, sector specialization is the rule. For most issues, buy or sell indications are initially indicated on a spread basis. The spread can be either over the swap curve or over a specified government benchmark. A corporate bond issue keeps the same benchmark for its entire life they roll down the curve together. This is in contrast to the United States, where the convention is to quote a corporate bond s spread over the nearest on-the-run (most recently issued) 2-, 5-, 10-, or 30-year maturity Treasury bond. 

While the traditional brokerages didn t originally predict the droves of individual investors taking to the Internet, they can t stop them now. The Day Trader may have led the pack, but as with the introduction of any new technology, there can always be expected to be an early shakeout, followed by a period of growth in completely new directions. 

Shipping. Bulk milk is hauled to the processing plant in insulated tanks using tmck tanks or trader tankers. The milk is transferred from the bulk tank to the tanker with a positive or centrifugal-type pump. For routes of some distance, pick-up every other day reduces handling costs. 

Haber was born in the city of Breslau, Silesia, then part of Germany, on December 9, 1868. As the gateway to German culture for many Eastern European Jews, Breslau bred many a superpatriot, Haber included. Fritz s mother died within days of his birth. His father, a civic leader and successful trader of dyes and chemicals, rejected the child and left his upbringing to various relatives. As a young man, Fritz wanted to become a chemist, but his father insisted that he join the family business. Only after Haber achieved worldwide fame did the two reconcile. 

Once the opium has been collected from the plant, it is far from ready to be sold to traders or turned into heroin. In its raw state, opium is brown and has a gummy paste-like consistency, and it must be dried for several days as it contains a... 

This reflects that trading volume is limited, with trades only on a few days. In the absence of trades, the power exchange asks traders to report their best guess of trades and uses the average reported prices. However, traders only infrequently update their reports hence the reported price is an average of the real price over various periods. How does this effect the estimation b of the pass though rate We estimate that... 

When Sam Bronfman sold his rotgut to American mobsters, supplied by the old British distillers and financed by the old British banks, it was a matter of free enterprise what the mob did with it after it crossed the American border was of no concern to him. When Meyer Lansky made his first heroin connection with Britain s dope-trading Keswick family in Shanghai in 1920, the sale was legal and in the light of day what the mob did with the heroin later was not the responsibility of Britain s Far East traders. 

Someya-shoten, a collection trader company in Tokyo, produces about 1500 L of FAME from waste edible oil each day through an alkaline catalyst method, and sells it at a price of 80 yen/L (about 67 cents/L). This company has been collecting 20-30 tons of waste edible oil daily and selling it as animal feed. By selling a part of the waste edible oil as BDF, the company could increase its profit by one-million yen per month (almost 10 thousand U.S. dollars/month). 

A leg is the smallest piece of work for a driver and consists of driving a tractor-trailer combination from one terminal to another or repositioning trailers inside a terminal. Each leg is characterized by an origin terminal and a destination terminal, which may coincide. There is an earliest availability time at the origin terminal, a latest required arrival time at the destination terminal, and a travel time (or repositioning time) associated with a leg. A tractor-trailer combination that is driven from the origin terminal to the destination terminal of a leg must start no earlier than the eadiest availability time at the origin and arrive at the destination no later than the latest required arrival time. At the destination terminal of a leg, a driver may drop his or her current tractor-trader combination and pick up a new one to continue work on the next leg of his or her dady schedule, take a break, or finish work for the day. 

Market professionals include the banks and specialist financial intermediaries mentioned above, firms that one would not automatically classify as investors, although they will also have an investment objective. Their time horizon will range from one day to the very long term. They include the proprietary trading desks of investment banks, as well as bond market makers in securities houses and banks who are providing a service to their customers. Proprietary traders will actively position themselves in the market in order to gain trading profit, for example, in response to their view on where they think interest rate levels are headed. These participants will trade direct with other market professionals and investors, or via brokers. Market makers or traders (also called dealers in the United States) are wholesalers in the bond markets they make two-way prices in selected bonds. Firms will not necessarily be active market makers in all types of bonds smaller firms often specialise in certain sectors. 

The bulk of the T-shirts are shipped to traders in Africa who then create paths to consumers. Tanzania is the largest importer of used clothing from the United States. The exported T-shirts are separated into over thirty different groupings and sold in bulk at prices that are between 0.60 and 0.80 a pound [101]. The implied wholesale price of a T-shirt is thus 0.25, which is less than the price of the raw material used to make the T-shirt. Retailers buy these T-shirts in bulk and separate them into single items that can sell for retail prices between 0.50 and 1.50. The author [101] estimates that 90% of the value of a bale would come from 10% of the items in it. However, at retail, dynamic pricing may be needed based on time of day, market volumes, time of month, and so on to adjust the retail prices to willingness to pay. 

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