Yeah, we delayed my 2pm meeting by half an hour to be out on the trading floor. Volume was high enough to crash a couple of GUI clients, but the system itself behaved beautifully.
The magic number (total theoretical profit before overhead, fees, etc. are deducted, and nearly doubled because we get two copies (exchange and clearing) of each trade) was around $23M on the day. And one of my senior traders did a single trade for $1M in profit. Woo hoo!
Thank goodness the markets are moving (even if it's down): We make money when they move regardless of the direction. It's been so quiet the past 2-3 weeks....
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Date: 2007-02-28 12:35 am (UTC)The magic number (total theoretical profit before overhead, fees, etc. are deducted, and nearly doubled because we get two copies (exchange and clearing) of each trade) was around $23M on the day. And one of my senior traders did a single trade for $1M in profit. Woo hoo!
Thank goodness the markets are moving (even if it's down): We make money when they move regardless of the direction. It's been so quiet the past 2-3 weeks....