meta user
network profile
|
Apr 13 |
comment |
Quantitative before/after or financial engineering studies of a bid or ask tax? let us continue this discussion in chat |
|
Apr 13 |
comment |
Quantitative before/after or financial engineering studies of a bid or ask tax? @LazyCat Keep in mind there are those who want to tame speculation and "needless" trading. Well, if you really wanted to buy but also set a limit, you could jump a slot and send "buy@20.02" and hope the matching algo gives you 20.01. But as you are seeing, this is a pathological thing, and liquidity will dry up, but perhaps not completely. Trade would go off-exchange. It seems doubtful an exchange has been sabotaged by the greedy tax men in this way but the world is a big place. I've heard rumors of it being proposed from time to time. |
|
Apr 13 |
comment |
Quantitative before/after or financial engineering studies of a bid or ask tax? @LazyCat I edited the question a bit to make this clear. Also I think the correct terminology would be "limit order tax" although I've generally heard it called a bid or ask tax. |
|
Apr 13 |
comment |
Quantitative before/after or financial engineering studies of a bid or ask tax? @LazyCat Yes, it is that pathological. I would expect such a tax to be vehemently opposed by traders, although there are some notorious auction sites that successfully sell tangible goods that way. |
|
Apr 8 |
comment |
Any known bugs with Yahoo Finance adjusted close data ? Close is available already, and won't include the effect of splits and dividends on the return. |
|
Mar 21 |
comment |
Keeping a track record honest Someone can always set up 2^N accounts under different aliases. Through the magic of combinatorial iteration in the 2^N accounts, in one specific account N trades into the future, all N trades will go exactly as planned -- providing the priceless appearance of sheer genius.... Of course, using real money accounts instead of paper trading accounts could discourage this approach... |
