Sunday, April 29, 2012

Testing title links

Use Pegasus Mail?

I highly suspect that I'm not the last person on this planet to do so. At any rate, here's a handy site I found that contains a bit of info about its internals and links to useful tools.

Saturday, April 14, 2012

What is market making?

Before Reg NMS went into effect, the government had this big crackdown on the New York Stock Exchange specialists. They were sued civilly. They were indicted. I defended some of them. It was probably the greatest embarrassment in the history of the U.S. Attorney's Office of the Southern District of New York. They lost case after case.


A timely issue, with the fracturing of liquidity and the reduced role of the designated market maker.