by greatpoint | Feb 2, 2018 | Proprietary Trading
The DOW Jones Industrial Average started with a dozen listed stocks back in 1896, and now lists 30 American conglomerates with only one original company, General Electric, still participating. The addition of Apple to the DJIA in 2015 shows that it is no longer a listing of just “industrial” companies. The DOW took 77 years to achieve the first 1,000-point mark, and in 2017 alone it’s achieved that five times over, ending the year near 25,000. (more…)
by greatpoint | Jan 3, 2018 | Proprietary Trading
Bitcoin has been a hot topic in the trading community the past few months, with spectacular runups in the price for Bitcoin and a whole host of alt-Coins. We could write for days on what Bitcoin is, or we could spout another article contributing to the FOMO syndrome (fear of missing out), but we would like to get right into the trading-related stuff and tell you what you really need to know about trading Bitcoin. (more…)
by greatpoint | Nov 3, 2017 | Proprietary Trading
There are many advantages to trading stocks versus futures, with some of the best trading opportunities found in newly created IPOs. One advantage of trading stocks is the sheer number of products available with thousands of individual stocks to choose from, compared to a handful of indexes on futures markets. Even on days when the overall market is quiet, many individual stocks have an actionable trading range due to company or sector news. (more…)
by greatpoint | Jun 5, 2017 | Proprietary Trading
As any reputable online trading broker would agree, the Maker-Taker pricing model can distort the market and alter the way market participants transact stock orders. Maker-Taker refers to a pricing model that exists in most exchanges, to encourage stock liquidity in their venue. (more…)
by greatpoint | May 2, 2017 | Proprietary Trading
A day trading guide on stock order types is a dynamic volume, as new order types are continuously proposed, revoked or falsely justified. As Nasdaq continues to develop, propose, then either revoke or justify new stock order types that continually benefit the select few, let’s review some of these recent order proposals and how they impact investors.
Nasdaq’s Proposal of the Extended Life Priority Order
Nasdaq proposed in November of 2016 a new order type they call the Extended Life Priority Order (ELO). This was shortly after the SEC gave approval for IEX to become the 13th US Stock Exchange. The ELO order type has been incorrectly compared to utilizing a time delay similar to IEX’s “speed bump”. (more…)
