tyb
Dis about colocation of servers to the exchanges too.
They trying to squeeze moar money on the exchange fee's via the brokers while telling the SEC that we need two moar weeks to make moar money or continuing to monetize the order flow (haven't they done that enough??) and continue the gap between retail and the "haves" data-wise.
you know dat already so this is just over-explaining for the sake of new eyes
Thee is way moar going on here than just the fee's
Sounds like Citadel (which process about 75% of retail trading by nao) is wagging it's dick around and wanted moar time to transition.it's quite funny when they have these issues about access (i.e. rules) in an entirely self regulated system.
so the SEC whacked some pee-pee and told them essentially we don't believe you have provided enough information to claim wut you're claiming.
from the.pdf
As discussed in Section III above, the Exchanges argue that the fees proposed for connectivity to the Proposed Third Party Data Systems and Proposed Third Party Data Feeds are constrained by competition, and allow the Exchanges to defray or cover the costs of offering the services. The Commission believes that there are questions as to whether the Exchanges have provided sufficient information to demonstrate that the proposals, including in particular the fees for connectivity to the Proposed Third Party Systems and Proposed Third Party Data Feeds, are consistent with the Act.Under the Commission’s Rules of Practice, the “burden to demonstrate that a proposed rule change is consistent with the [Act] and the rules and regulations issued thereunder...is on the [SRO] that proposed the rule change.”
in theory yes but since it's always been self-regulated and the SEC literally nowhere FOREVER I wouldn't hold muh breath.
At least they told them to stick it for now (professionally speaking) and to "do better next time"
usually it's crickets. and the same shit continues as SOP.
It really doesn't have a thing to do with darkpools at all.
>>51958 pb
BOXER42 USAF C-40C en from Hickam AFB, Oahu depart- this AC arrived at Hickam AFB from a Portland Int'l ground stop and JBA depart on 0509
pf housekeeping
>>52822
German AF GAF906 Airbus A340 on ground at Las Vegas McCarran Int'l from Dulles Int'l departure earlier
>>52867 pb
SAM tree-fiddy landed at JBA about 90 minutes ago
High Frequency Trading
This film explains what high frequency trading is, how it affects the financial markets, what negative impact it has and how to regulate it.
This is totally a put you to sleep subject for most howeverthis does a good job in a little over 10 minutes in it's presentation of the large number of issues that have existed since they started HFT by testing it out in the OpEx market in 2005-06
these are used quite a bit at the end of each quarter when having something on your books for the 10-Q (Otrly Earnings Reports) is not gonna do you any favors.
This example is over-simplified
If hedgefund or bank X is terribly underwater on any given equity position (and this does not include other thangs like bonds that you can just schlep to the FRBNY cause that is another situ.) you can arrange for another to "buy" your position in the the darkpool exchanges (knowing that you will be buying it back one or two days after the Qtr end so as it not to appear on your books if that part of the financial story is negative to your bottom line).
You wouldn't want to alert the overall market to a large block of equity being "offered"-in this example used for off-the-books "holding" by another because all of that would eventually be seen with the order flow and you'd just end up screwing yourself by doing it in the open.
Some could interpret this as a big whale getting out and that could really trigger selling.
The intention of this darkpool use is to just play hot potato for a few days while the reports are compiled that show "nuffin to see here" and then back to the regular bidness as usual.
habs moar stuff in a bit bout all of that-history etc
Try to keep it on the not so boring
I knows it is.
said it before
you either are willing to accept the fuckery they do and continue to play in that rigged game or you get disgusted by it.
Could no longer ignore the fuckery by about mid 2013 cause it was getting ridiculous as they started that $27T stealth bailout right after hussein re-elected and I knew something was off in a big way
also thinking those reverse repo's are starting to have an effect.
The big money knows we were getting inflation because the bond market demanded it 6 months ago so I don't buy all the "market is down because of inflation issues" stories.
It had nowhere to go but up.
Nevermind the official #'s don't count food, fuel and housing cost (rent) increases either.
One of the FED heads said "we just don't know (where inflation is headed)"
Really....that's why you've repo'd out over $2T of shitty notes back to the market so you can "purchase them back at a alter date"
consequences need to be doled out
dey have NEVER had those.
Methinks they can still print for moar time but inevitably the system we know as paper backed finance needs to die-the end-game for them is to get it all tokenized (or atleast about 15-20%) and present that as the solution.
It has to fail in a big way
The biggest issue is still how all of our (collective cause I habs nothing "in the system" save for bill paying money) savings, retirements, monies-for lack of a better term is able to be dis-associated with all that fuckery.
Embrace the suckage is going to really take a new meaning because most do not care when it goes up..only when they "lose".
Alphabet, Inc sold by Sergey Brin: $63.49m-May 11
https://finviz.com/insidertrading.ashx?oc=1295032&tc=7&b=2
Academy Sports and Outdoors Inc sold by KKR&Co.: $405.57m-May 10
Secondary offering and cashout by Whales
Academy Sports and Outdoors, Inc. : Entry into a Material Definitive Agreement, Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Statements and Exhibits
On May 5, 2021, Academy Sports and Outdoors, Inc. (the "Company") entered into an Underwriting Agreement (the "Underwriting Agreement"), by and among the Company, Allstar LLC, Allstar Co-Invest Blocker L.P., KKR 2006 Allstar Blocker L.P., MSI 2011 LLC and MG Family Limited Partnership (collectively, the "Selling Stockholders"), and Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC, as representatives of the several underwriters named therein (the "Underwriters"), relating to an underwritten offering (the "Secondary Offering") of 14,000,000 shares of the Company's common stock
https://www.marketscreener.com/quote/stock/ACADEMY-SPORTS-AND-OUTDOO-113213001/news/ACADEMY-SPORTS-OUTDOORS-INC-nbsp-Entry-into-a-Material-Definitive-Agreement-Change-in-Directo-33216054/
Academy Sports and Outdoors Inc. is a full-line sporting goods and outdoor recreation retailers. The Company operates over 259 stores across 16 contiguous states, primarily in the southern United States. Its offered broad assortment appeals to all ages, incomes and aspirations, including beginning and advanced athletes. The Company sell a range of sporting and outdoor recreation products, such as fitness equipment and apparel, work and casual wear, folding chairs, wagons and tents, training and running shoes and coolers. The Company also carry a deep selection of seasonal items, such as sports equipment and apparel, seasonal wear and accessories, hunting and fishing equipment and apparel, patio furniture, trampolines, play sets, bicycles and severe weather supplies. The Company provide locally relevant offerings, such as crawfish boilers in Louisiana, licensed apparel for area sports fans, baits and lures for area fishing spots and beach towels in coastal markets. Number of employees : 22 000 people.
https://finviz.com/insidertrading.ashx?oc=1472698&tc=7&b=2
David H. Petraeus-Partner, KKR and Chairman of the KKR Global Institute
General David H. Petraeus (US Army, Ret.) (New York) is a Partner and Chairman of the KKR Global Institute, which he established in May 2013. He is also a member of the boards of directors of Optiv and FirstStream, a venture investor in some 20 startups, and engaged in a variety of academic endeavors. Prior to joining KKR, General Petraeus served over 37 years in the U.S. military, culminating his career with six consecutive commands, five of which were in combat, including command of the Surge in Iraq, command of U.S. Central Command, and command of coalition forces in Afghanistan. Following retirement from the military and after Senate confirmation by a vote of 94-0, he served as Director of the CIA during a period of significant achievements in the global war on terror, the establishment of important Agency digital initiatives, and significant investments in the Agency’s most important asset, its human capital.
https://www.kkr.com/our-firm/leadership/david-h-petraeus