Posted on 07/05/2009 10:02:17 PM PDT by rvoitier
Back-up: This week's NYSE Program Trading report was very odd: not only because program trading hit 48.6% of all NYSE trading, a record high at least since the NYSE keep tabs of this data, and a data point which in itself was startling enough to cause some serious red flags as I jaunt from village to village in what little is left of Europe's bison country, but what was shocking was the disappearance of the #1 mainstay of complete trading domination (i.e., Goldman Sachs) from not just the aforementioned #1 spot, but the entire complete list. In other words: Goldman went from 1st to N/A in one week.
What? Was NYSE/Euronext suddenly "asked" to remove Goldman from the prop trading reports? Or is something else going on, as Zerohedge and Reuters apparently have managed to scoop
(Excerpt) Read more at market-ticker.denninger.net ...
Since they won’t be trading tomorrow, I wonder who will be propping up the market.
booking marking
Maybe they simply pulled out of trading... knowing something is about to happen... all their exes work for Obama now...
If they knew something was going to happen, they could do much better than pull out of trading altogether.
So, which Chicago firm hired Aleynikov?
We must be thinking of the same investment firm.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.