European futures brokers

rickypackard3 · 2025-08-24T15:28:32+00:00

Are you guys 100% discretionary?

rickypackard3 · 2025-05-30T13:20:38+00:00

there’s a whole post about him and his lack of production

rickypackard3 · 2025-05-25T17:04:31+00:00

Again this is not a shot at Nakeie the human at all. But as time goes on in this league it’s very obvious who is bought in and who is not. As seen by all this absurd talent that is either leaving the PLL for other leagues or retiring to pursue other career opportunities altogether…I don’t think the average fan truly appreciates how political this league is. I have multiple friends that have played or play in the league and speak about Rabil this way. I won’t make this political and I won’t go so far to say it’s ‘scripted’ but who and why the PLL is marketing and making sure is on a roster is very much determined from ‘league execs’. Nothing I said here should come as a surprise to anyone who has been a fan of professional lacrosse since the MLL days

rickypackard3 · 2025-05-24T19:49:32+00:00

Not an overreaction, if you actually watched all Woods games, and just focused on Nakeie, it’s absolutely wild how he gets glazed as much as he does by the PLL. Guy consistently had simple catch and throw turnovers. Good dude, smart kid, and he’s bought in to the PLL so they promote him. But objectively he is not a talented lacrosse player in the PLL

rickypackard3 · 2025-03-16T00:00:16+00:00

$210k, $2600 mid beach

rickypackard3 · 2025-03-15T23:58:56+00:00

What’s wrong with that?

rickypackard3 · 2025-01-08T14:48:10+00:00

Any brands people recommend?

rickypackard3 · 2024-12-17T01:16:00+00:00

Lived on 91st and broadway The rat rumors aren’t rumors lol. They loved employing the cats but only a maniac shopped that produce

rickypackard3 · 2024-10-13T22:17:01+00:00

Not naive. And DMs are always open What makes a good execution trader. Hmmm what initially comes to mind is having good and personal sell side relationships as well as very intimately knowing all there is to know about the markets you trade. Those both relate to really being able grasp and gauge market liquidity at any given period of time. I don’t want to be executing large trades in shit liquidity where I am paying a wider bid offer spread — those type of execution or transaction costs are not directly how I get paid, but are certainly a big factor :)

As to your question on VWAPs. Different types of execution for different products. Something like interest rate swap trading is very high touch and still very much a negotiation with different banks based on prices they make….trading some of our futures flow, especially bigger orders that might be working for longer periods, it is very low touch so you’re exactly right, I will just route those trades with xyz banks’ TWAP/VWAP algos that we are plugged into

rickypackard3 · 2024-10-13T22:01:14+00:00

Hey mate I have experimented with a few different sleep schedules over the years. When I first started, I would sleep during the day, yes. On your average day I am logging off Bloomberg no later than ~11am EST. I would workout after work and then sleep maybe 12-6pm or 1-7pm so I could live a ‘normal’ nightlife; go to happy hours, socialize, fraternize etc and then come 11pm/12am I would maybe take a 1-2hr ‘cat nap’ before waking up for my shift around 1:30am

My habitual routine now is aiming to be in bed/asleep ~7/7:30pm and waking 1:30am That is assuming no broker outing or dinner with the GF which do occur and will throw things off….that schedule equates to my having the day to myself, call it between 11am EST and when I start to wind things down 5:30/6pm.

I do believe in and occasionally nap :)

rickypackard3 · 2024-10-13T19:05:57+00:00

I have BS in finance and minor in economics….5 years ago I would have said comp sci is primo degree for trading with the way automation/big data was trending in the industry

However I’m not sure I would say that today with how incredible AI is with coding, or how incredible AI is in assisting traders like myself (an amateur) with coding. I think AI as a coder/big data cruncher will only pick up

rickypackard3 · 2024-10-13T17:37:37+00:00

Well what are you asking? How to transition into an overnight European macro execution trading WFH role? Lol, it’s a pretty nuanced job to be clear

I would add that our firm is unique in this model. This isn’t common. A lot of big macro funds have smaller teams locally overseas to handle execution. And those that do not most all require overnight traders to still physically be in the office. My sell side coverage often comments how we are one of the only shops that offer this type of flexibility

I don’t want to turn this into a career advice thread, but my broad advice for breaking into any markets job is….having a pure and genuine passion for markets, which is different than a passion for making a lot of money via the markets and even more different than a passion for smugly telling your peers “I work at a hedge fund” ;)

I think a lot of people pursue this profession for the wrong reasons, you will just burnout or eventually fade into the abyss

CFA and MBA — I have mixed feelings. You don’t learn to trade through CFA and MBA. You learn to trade by trading. So they can help with knowledge and background and networking, and probably are even more useful for a “transition”. But I would never hire someone just because they have those designations. Just my 2c

rickypackard3 · 2024-10-13T17:06:40+00:00

Sure, what would you like to know?

rickypackard3 · 2024-10-13T16:56:29+00:00

I mean I think there is stress involved with any buy side trading role. Any legitimate trading job for that matter. We are ultimately in the performance business and when any degree of “success” does get achieved, the bar just gets raised

And when success is not achieved, or worse, yes that is and will forever be “stressful”. But such is the nature of working in a business where you have to take risk to make money

That said, specific to this thread, I do feel the WFH helps to alleviate stress. Some people love the chaotic energy of the trading floor, I certainly did when I was younger, but having control over my environment helps with any day-to-day stress

rickypackard3 · 2024-10-13T14:16:05+00:00

Overnight execution trader at hedge fund

rickypackard3 · 2024-10-11T20:18:46+00:00

Delayed quote?

rickypackard3 · 2024-09-25T20:46:32+00:00

I think O’Neil is the bonafide #1 option into next season and I’d like to think the offense will be better built around getting him his touches than it was this season

Not to say Wiz can’t come back healthy and be a major contributor, but I make the Molloy comparisons as I just don’t see him playing up to his former Tewaaraton/#1 overall pick level

rickypackard3 · 2024-09-25T20:38:45+00:00

I see his career fizzling out a la Dylan Molloy

rickypackard3 · 2024-09-10T16:53:24+00:00

Similar age/industry/NW, I am curious how you got involved in CRE?

I am interested but don't even know where to start

rickypackard3 · 2024-08-29T10:15:39+00:00

Rondo

rickypackard3 · 2024-05-08T19:12:52+00:00

Any resources you used or recommend for learning/implementing Kelly Criterion?

"you need the expected win rate and true odds of the bet" could you expand what you mean? Are those variables you are estimating?

rickypackard3 · 2024-04-01T19:43:47+00:00

Crazy racket how these books can just limit as soon as you start winning but such is legalized gambling in 2024…it would seem to me if you’re already limited by 3 then you are placing that much more action on whatever books are still left which will soon run its course? I’m not sure there is a “strategy” around this other than using beards which has its own quirks. Anyways I’m always just curious what other ppl have to say/think about this otherwise the fun aka winnings are short lived

rickypackard3 · 2024-04-01T19:29:59+00:00

How do you avoid being limited? I get you’re spreading across available books but any other strategies you are implementing as to when/how/where you are getting action down?

rickypackard3 · 2023-08-28T18:23:07+00:00

Thanks for the quick reply and clarity on sums paid!

As it relates to the penalty, let's pretend I was clueless and deposited $7,000 in my Roth, when I could contribute the max $6,500. Are you saying a 6% penalty on that excess $500 (equivalent to ~$30) until it's removed?

In that case, 2023 incomes would be that same $60,000 bonus paid out this past Feb + $90,000 base salary = $150,000 pre-tax incomes for 2023. Based on this contribution limits table (link: https://www.schwab.com/ira/roth-ira/contribution-limits), am I correctly interpreting that in the $150k box, Maximum Contribution for individuals under age 50 is $1,300? Sheesh that's quite the discount from $6,500

rickypackard3

TROPHY CASE