Market Structure Insights

January 25, 2012

Good to see you folks in Boston last week. But I needed Denver to thaw me out. It was seventy here last Saturday. I washed the car in T-shirt and flip flops. If at first you don’t succeed, try, try again. So it goes at...

January 17, 2012

Despite Denver’s rude throttling by the New England Patriots, I am still bound for Boston to panel at the Wednesday NIRI chapter meeting called “A Day in the Life of a Trade: How Can IROs Know What’s Really Happening?” Hope to see you there! One...

January 10, 2012

At county fairs when I was a kid you could buy a “Shoshoni Weather Gauge,” which hawkers said could forecast the weather like an American Indian. It was a rock tied with a leather strand to a wooden stand. The instructions said: “If rock is...

January 4, 2012

Happy New Year! If the holidays this year seemed sweeter, the air more welcome to the well-caroled note, it’s probably because I’ve been quiet for two straight weeks. And with good reason. The lovely KQ and I winged southward with fellow wayfarers for time over...

December 13, 2011

Editorial Note: This Market Structure Map first ran June 29, 2010. It’s reprinting because Tim Quast is following the lead of congresspersons by taking a “fact-finding junket” aboard a sailing vessel off the coast of Belize. It’s in the public interest. Oscar Wilde said that...

December 9, 2011

Say you were playing poker. I don’t mean gambling, but real cards. You’re engaged with some seriousness. You’re watching how you bet and when, reading the players ahead and after you. Then The House starts doling out stacks of chips. Would you play more or...

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