Goldman's 42 $100MM+ Trading Days In Q2 - An Absolute, Unprecedented Record

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Goldman's 42 $100MM+ Trading Days In Q2 - An Absolute, Unprecedented Record; Just Two Days Of Trading Losses
Submitted by Tyler Durden on 08/05/2009 08:01 -0500

$100MM+ Trading Days Ben Bernanke Goldman Sachs Money SEC TARP VaR WOW


Goldman reported their $100MM+ trading days. It is a stunner: Goldman made over $100 million on 46 out of the 65 total trading days in Q2, 70% of total. Goldman made over $50 million on 58 of the 65 total trading days in Q2, 89.2% of total.
http://www.zerohedge.com/article/goldmans-42-100mm-trading-days-q2-absolute-unprecedented-record-just-two-days-trading-losses

http://www.zerohedge.com/article/goldmans-42-100mm-trading-days-q2-absolute-unprecedented-record-just-two-days-trading-losses

[Skink]

1. In Cental Texas we have had 65 days in a row of 99 to 104 temps.

[Statistical]

2. Flash trading needs to be banned yesterday.

Using co located equipment and agreements with exchanges Goldman can see orders before they appear on the market.

It is like playing blackjack but you get to peak at dealers card before deciding to hit or stay.

SEC needs to ban flash trading and set billion dollar fines if the exchanges don't protect market data such that it is available to all parties at the same time.