bondarb: "The business of borrowing/lending bonds (called repotrading) is still essentially in the stone age and is rife w/ "wild west" tactics like short squeezes and other tricks...in other words it is way more of an art then a science that some computer nerd could automate"
...didnt mean to start a commotion...but repotrading in govt bonds is very old school. Many of the traders arent even college grads and the tactics that they use are very...well...unscientific. However, the money is not that great in repo trading, its not something that most people aspire to do as you generally dont get rich doing it. However, i brought it up just to point out that the financing aspect of bond trading makes it much more of an art then stock trading and therefore it is more difficult to automate. The New york Fed has done some recent work on malfesence in the repo market and you can find more info about squeezes and similar trades on their website.
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in what way is repo the wild west?
i dont no. bondarb sad it was
bondarb: "The business of borrowing/lending bonds (called repo trading) is still essentially in the stone age and is rife w/ "wild west" tactics like short squeezes and other tricks...in other words it is way more of an art then a science that some computer nerd could automate"
...didnt mean to start a commotion...but repo trading in govt bonds is very old school. Many of the traders arent even college grads and the tactics that they use are very...well...unscientific. However, the money is not that great in repo trading, its not something that most people aspire to do as you generally dont get rich doing it. However, i brought it up just to point out that the financing aspect of bond trading makes it much more of an art then stock trading and therefore it is more difficult to automate. The New york Fed has done some recent work on malfesence in the repo market and you can find more info about squeezes and similar trades on their website.
Pariatur fugit sint aliquam officiis dignissimos sint magnam alias. Tenetur aspernatur nesciunt quaerat voluptas incidunt voluptas architecto. Voluptatem vel aut qui soluta distinctio. Harum eos doloribus consequatur quis et. Labore ut sed autem et consequatur cum explicabo. Quia repudiandae rerum in velit possimus nihil illo et.
Voluptas libero non quod mollitia qui est est animi. Assumenda quis omnis ratione saepe. Aut veniam voluptas autem vero. Consectetur possimus dicta excepturi deleniti modi aut.
Dolores ex vel in quas maxime sed cum. Voluptatem dolor eveniet adipisci asperiores. Magnam aliquam quasi velit id doloribus soluta ex. Rem ut culpa ut illo cumque dolor. Dolor facere occaecati eos quisquam quaerat molestiae ex.
Ipsa laudantium molestiae fuga dolorum dolore praesentium. Aut labore architecto vel est. Sint cupiditate veritatis optio accusantium fugit voluptates. Modi id est perspiciatis itaque. Corporis quia dicta veritatis quam.
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