Mostly… fixed income and cross product eTrading

February 17, 2009

Million Dollar Traders

Filed under: etrading — holky @ 7:36 pm

I watched, heck even enjoyed the Million Dollar Traders programme on BBC. And yes, this IS a timely post, it’s lined up for the inevitable repeat 😉

Eight ordinary people are given a million dollars, a fortnight of intensive training and two months to run their own hedge fund. Can they make a killing?

….a killing, er, not in terms of the whole firm with “one m-e-e-e-l-y-o-n dollars” between eight and (apparent) constraints being small stock trades (eg 400 british gas, 100 nike?) with voice broking and a ticket stamp machine for dramatic effect. Think even while keeping setup costs to a min though they could have been given etrading and order routing via their Bloombergs though; gaining all sorts of potential for fat fingers and “click – pause – ahaaaa – wheres undo?”

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