Ed Downs Elite    Posts: 645 Joined: 2/7/2007 Location: Austin, Texas  User Profile | Juan, Yes, I'm on Spring Break with my family, but this is such an important time I feel staying plugged-in is important. I thought your post was fine. You must be the person in the Survey who wrote in about adding too many risk controls. Well said. If you remove all the risk you remove all the returns. Absolutely! I have been pondering the potential effects of large opening orders, and think I have a solution which is similar to what you are saying. The fact that we have many Trade Processor running at the same time gives us a unique advantage. What if the Trade Processors coordinated their submissions so they don't all go in at the Open? Like 8:31a, 8:33a, 8:35a, 8;37a Central Time (and so on). They could be randomly assigned a time slot and then go with that. We can't do it tomorrow, but we could create a new order type ("Market in Sequence") that would do this. The effect would be a slower metering of orders into the market, which is what Buy-Side traders do. Anyway, just a thought I wanted to throw out there.. Thanks. | |
