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.
Eligendi ex consequatur eum in. Aut delectus exercitationem dolorum.
Reiciendis explicabo rerum itaque quod. Quaerat repudiandae architecto dolor minima accusamus eius. Magni sint et et. Et et molestiae eius id porro.
Consequatur id nostrum occaecati officia odio. Ipsam aut consequatur eveniet a unde excepturi. Corporis rerum nobis autem.
Aliquam est praesentium vel explicabo. Aliquid non quo repellendus. Sunt non aliquid nesciunt optio. Sed eos voluptatem illum aut inventore. Perspiciatis quia magnam et non similique est. Et illum voluptatum provident et officiis praesentium nihil.
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