Andy Waldock

Macro Viewpoints

The Epitome of Fair Trade

The CME Group has modified their allocation method for distributing electronic order executions. This is simply the most fair and equitable marketplace in the world.

How many times have you bought the high or, sold the low on a stop or market order? My guess is that it’s happened to you far more often than you’ve been able to buy the low or, sell the high. In the past, the reason for this has been the manual execution of orders in the open outcry markets on the trading floors of the various exchanges. Here’s the way this process used to work:1) …