HBO Shows Watched -- C.B. Strike

Added on by C. Maoxian.

Tom Harelip Burke plays a private dick in contemporary London … stories apparently based on J.K. Rowling books she wrote under a pseudonym, and originally a BBC production? … they give old Tom a CGI stump leg (lost in Afghanistan) and a rock star dad … he has a pretty, perky temp who becomes his partner in the business … made it through the first episode, but no interest in continuing since it’s formula TV, and I have 285 Original HBO series to work my way through by year-end.

HBO Shows Watched -- Luck

Added on by C. Maoxian.

I re-watched this recently and it holds up well. It was released in January 2012, but was cancelled after one season since some horses died during the making of it (it’s about horse racing). A David Milch (Hill Street Blues, NYPD Blue, etc.) creation. It’s sort of a pity the show never had a chance to play out.

I liked the horse racing, I liked the crew of misfit degenerate gamblers including Jerry, their brilliant handicapper, who was unfortunately a bad poker player. I liked the Oxy-snorting, hard-drinking, hard-screwing jockeys. I liked grumbling Nick Nolte as a trainer. There were a number of story lines they were developing that looked promising: Turo and the beautiful vet, Ace’s relationship with Joan Allen (“that ship has sailed”), Ace’s grandson and his Jewfro (“you look like a baboon”).

Dustin Hoffman’s backstory isn’t clear though… yes, we know he’s a Jewish mobster, but his past isn’t fleshed out enough. Michael Gambon overplays his evil Robert Maxwell role (but I’ll always love him no matter what because of The Singing Detective). That whole rivarly / partnership gone bad was no doubt going to be revealed in later seasons.

Weronika Rosati, a Pole, plays Jerry’s beautiful poker dealer girlfriend Naomi… she has a great bod to boot. Dennis Farina as the aged muscle.

SMART Stock Routing Algorithms

Added on by C. Maoxian.

  • SMART Multipurpose (SMART) - This is the basic smart-routing algorithm. Routes your non-marketable order to the default exchange for the instrument.

  • SMART Maximize Rebate (SMART MaxRebate) - Routes the order to the venue offering the highest rebate.

  • SMART Prefer Rebate (SMART PreferRebate) - Routes the order with the bias toward getting a rebate vs. getting the order filled.

  • SMART Prefer Fill (SMART PreferFill) - Routes the order with the bias toward getting a fill vs. getting a rebate.

  • SMART Maximize Fill (SMART MaxFill) - Routes the order with the sole objective of getting a fill.

  • SMART Primary Exchange (SMART Primary) - Routes your non-marketable order to the listing exchange for the instrument.

  • SMART Highest Volume Exchange with Rebate (SMART VRebate) - Routes your non-marketable order to the exchange with the most volume that also offers the highest rebate for added liquidity.

    Note:  On a best efforts basis, the IB SmartRouting system will attempt to capture a rebate on your order. However, not all trades will receive a rebate, as best execution at the best possible price remains the top priority.

  • SMART VLowFee - Routes your non-marketable order to the exchange with the most volume that also charges the lowest fee for taking liquidity.

  • SMART Dark Only - Will probe the dark pools for liquidity and use the immediate-or-cancel time in force.

Rare Transparency Regarding Stock Loan Locate Fees

Added on by C. Maoxian.

Came across this note in SageTrader’s 2023 Annual Report:

Stock Loan Locate Fees

The Company maintains Securities Lending agreements with several broker dealers (Velocity, Clear Street, Muriel Siebert) for the benefit of customers who as part of their trading strategies need to sell stocks short. Under these agreements they provide a daily machine readable “Easy to Borrow List” ("ETB") and provide “Locates” on securities, which are not on the ETB List. The customer is quoted a rate per share displayed in their trading platform. Should they decide to accept the locate, the Company is given a discounted rate by the broker dealer. These discounts range from 30%-50% of the rates quoted to the customer.

Drinking a Cup of Elida Natural ASD Vuelta from Blendin Coffee Club

Added on by C. Maoxian.

I got a number of different Panamanian coffees from Blendin Coffee Club recently. The first one up is Elida Natural ASD Vuelta. Elida is the name of the Estate in Panama, “ASD” stands for Anaerobic Slow Dry, “Vuelta” is the lot.

Slightly elongated beans, fruity on the nose. A Geisha for sure.

Very, very hard to grind, definitely a Geisha.

Almost no chaff, interestingly.

Do you even sift, bro? To make a perfect cup of coffee, you need to eliminate the fines.

Lovely color.

This is what I would call a “lesser” Geisha. It’s good, very fruity, but if you’ve been drinking super high end Geishas, then you realize that you’re coming back “down” when you have a cup of something like this. The $38 pricing reflects this … it’s appropriately priced.

Brewing a Cup of El Angel Natural Pacamara from Proud Mary Coffee

Added on by C. Maoxian.

The August coffee sent to “Deluxe” subscribers at Proud Mary Coffee was a natural Pacamara from Finca El Angel in El Salvador.

Pacamara a bigger bean.

Into the sifter.

Perfectly consistent grind … this is the key.

Lovely color.

Dark.

Strong cup of strong coffee-flavored coffee. Big change if you’ve been drinking Geisha non-stop as I have. As Proud Mary says: “… a distinctive flavor profile that sets it apart from less exotic varieties.” It’s a traditional coffee flavor for sure.

US Stock Trading Spaghetti Bowl Statistics

Added on by C. Maoxian.

Lit Venues reporting 49.22%:

NYSE 19.09%

NASDAQ 14.18%

CBOE 10.04%

MEMX (Members Exchange) 1.90%

IEX (Investors Exchange) 2.99%

MIAX Pearl 1.02%

LTSE (Long-Term Stock Exchange) 0.01%

Dark Venues reporting 50.78%: (“reporting transactions effected otherwise than on an exchange”)

FINRA & TRF (Trade Reporting Facility) 50.78%

NASDAQ TRF Carteret 45.01%

NYSE TRF 5.47%

NASDAQ TRF Chicago 0.30%

HBO Shows Watched -- Perry Mason

Added on by C. Maoxian.

This was like a full employment act show for old HBO cast and crew … it had that fake, digitized look to it that I see (and hate) in all the newer TV shows … it’s so heavily manipulated in post-production that it loses its soul. Forced myself to sit through one entire episode and regret it.

EDGA Fee Codes and Associated Fees

Added on by C. Maoxian.

Fee Code Description Fee/(Rebate) Securities at or above $1.00 Fee/(Rebate) Securities below $1.00

10 Routed to NYSE Arca, adds liquidity (Tape B) (0.00220) 0.00000

3 Adds liquidity to EDGA, pre and post market (Tapes A or C) (0.00270) (0.15000)% of Dollar Value

4 Adds liquidity to EDGA, pre and post market (Tape B) (0.00270) (0.15000)% of Dollar Value

6 Removes liquidity from EDGA, pre and post market (All Tapes) 0.00300 0.15000% of Dollar Value

7 Routed, pre and post market, removes liquidity 0.00300 0.30000% of Dollar Value

A Routed to NASDAQ, adds liquidity (0.00150) 0.00000

AX Routed to EDGX using ALLB routing strategy 0.00300 0.30000% of Dollar Value

AY Routed to BYX using ALLB routing strategy (0.00020) 0.10000% of Dollar Value

AZ Routed to BZX using ALLB routing strategy 0.00300 0.30000% of Dollar Value

B Adds liquidity to EDGA (Tape B) (0.00270) (0.15000)% of Dollar Value

BB Removes liquidity from EDGA (Tape B) 0.00300 0.15000% of Dollar Value

BY Routed to BYX using Destination Specific ("DIRC") or ROUC routing strategy (0.00020) 0.10000% of Dollar Value

C Routed to NASDAQ BX (0.00050) 0.10000% of Dollar Value

CL4 Routed to listing market closing process, except for NYSE Arca & BZX 0.00100 0.30000% of Dollar Value

D Routed to NYSE or routed using RDOT routing strategy 0.00280 0.30000% of Dollar Value

DD Adds liquidity using displayed MidPoint Discretionary order not within discretionary range (0.00270) (0.15000)% of Dollar Value

DM Adds liquidity using MidPoint Discretionary order within discretionary range (0.00200) (0.15000)% of Dollar Value

DN Adds liquidity using non-displayed MidPoint Discretionary order not within discretionary range (0.00200) (0.15000)% of Dollar Value

DQ QDP Usage fee, adds liquidity (0.00200) 0.30000% of Dollar Value

DX QDP Usage fee, removes liquidity 0.00300 0.30000% of Dollar Value

F Routed to NYSE, adds liquidity (0.00150) 0.00000

G Routed to NYSE Arca (Tapes A or C) 0.00300 0.30000% of Dollar Value

HA Non-displayed order, adds liquidity (0.00250) (0.15000)% of Dollar Value

HR Non-displayed order, removes liquidity 0.00300 0.15000% of Dollar Value

I Routed to EDGX 0.00300 0.30000% of Dollar Value

J Routed to NASDAQ 0.00300 0.30000% of Dollar Value

MM Non-displayed order, adds liquidity using Mid-Point Peg (0.00250) (0.15000)% of Dollar Value

MT Removes liquidity designated as Mid-Point Peg from EDGA 0.00300 0.15000% of Dollar Value

N Removes liquidity from EDGA (Tape C) 0.00300 0.15000% of Dollar Value

NA Routed to BZX, EDGX, NYSE, NYSE Arca or Nasdaq; adds non-displayed liquidity Free 0.00000

NX Routed to NYSE National using ROUC routing strategy (0.00050) 0.00000

O2 Routed to listing market opening or re-opening cross 0.00100 0.30000% of Dollar Value

OO EDGA Opening or Re-opening Free 0.00000

P Routed to EDGX, including pre and post market, adds liquidity (0.00160) 0.00000

Q Routed to a non-exchange destination using ROUC routing strategy 0.00200 0.30000% of Dollar Value

RP Non-displayed order, adds liquidity using Supplemental Peg (0.00250) (0.15000)% of Dollar Value

RR Routed to EDGX using DIRC routing strategy 0.00300 0.30000% of Dollar Value

RT5 Routed using ROUT routing strategy 0.00280 0.30000% of Dollar Value

RX6 Routed using ROUX routing strategy 0.00290 0.30000% of Dollar Value

RY Routed to BYX, adds liquidity 0.00200 0.00000

RZ Routed to BZX, adds liquidity (0.00160) 0.00000

S Directed ISO 0.00330 0.30000% of Dollar Value

SS Sets the Setter NBBO on a symbol not included in the NBBO Setter Excluded Securities List (0.00300) (0.15000)% of Dollar Value

SW3 Routed using SWPA routing strategy (except for removal of liquidity from NYSE) 0.00310 0.30000% of Dollar Value

V Adds liquidity to EDGA (Tape A) (0.00270) (0.15000)% of Dollar Value

W Removes liquidity from EDGA (Tape A) 0.00300 0.15000% of Dollar Value

X Routed, adds or removes liquidity 0.00300 0.30000% of Dollar Value

Y Adds liquidity to EDGA (Tape C) (0.00270) (0.15000)% of Dollar Value

Z Routed to a non-exchange destination using ROUZ routing strategy 0.00120 0.30000% of Dollar Value