小老朽 以 mbr8879576 留言: 「Very interesting ! Thanks a lot。Frankly, I made money on 90+% of trades with UVXY。 Do not really understand how it is implemented。 I believe it is flawed。 Because the actual implementation can be changed any time, it is dangerous to bet too heavyly, please be careful。 My latest trade: sold (bet) 2 contracts of PUTs 6 month expiration, striking @ $13 for $4.7 eachl。 Why wining ? My cost is $13 - $4.7 while look at 6 months history UVXY never went under $11.6 ← it does not takes a rocket scientist to sort this out ? Thanks again ! By the way, please look into a similar A.I. story Lamda https://youtu.be/1rmPnO1eqL4 It seems some soul reincarnated into Ms. Lamda ? interesting !」
摸 象 或 (不?) 著 木目 於 2022/07/10 19:45回覆
JPMorgan Chase & Co 被罰 近 10 億 USD。 其實 無良 Crook trader 乃 原 Bear Stearns 人馬 more than a decade ago.
JPMorgan bought Bear Stearns in a marriage arranged by the U.S. Federal Reserve during the height of the financial crisis in 2008.
https://www.claimsjournal.com/news/national/2019/09/17/293096.htm其法 稱 Spoofing.
Their strategy: Use multiple fake orders to manipulate the prices of precious metals futures. The maneuver, adopted by the traders’ new colleagues at JPMorgan, became part of a spoofing and rigging campaign so expansive that federal authorities have now likened it to a criminal enterprise operating inside the U.S.’s biggest bank for nearly 10 years. Spoofing trades of precious metals was rampant at the bank and that he learned the technique from other traders at Bear Stearns and JPMorgan.
Trunz told a federal judge in Manhattan last month that spoofing trades of precious metals was rampant at the bank and that he learned the technique from other traders at Bear Stearns and JPMorgan.
Trunz, who entered his guilty plea on Aug. 20, said he manipulated futures markets for gold, silver, platinum and palladium from offices in New York, London and Singapore from 2007 to 2016.
Already, people inside JPMorgan were using deceptive trading methods, prosecutors said. Their new colleagues brought new ones. In May, the same month the deal was completed, Smith executed the deceptive-layering technique, the indictment said.
The new style involved the layering of multiple deceptive orders at nine different prices in rapid succession that together were larger than the portion visible to other traders in the marketplace, known as “iceberg orders.” Prosecutors said this trading style “took hold of the precious metals desk” at JPMorgan and was adopted by Nowak and other conspirators.
摸 象 或 (不?) 著 木目 於 2022/10/15 15:57回覆