159: Greg Newman – Bringing Stoicism to Trading—and Market Making in Oil Derivatives
Chat With Traders
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Oil Trading
The investment bank's having a lot less. This is the biggest market participant in oil. And that's kind of how shift if you like has gone from them to the trade houses. The more transparent it is, the less they can profit from the number they've given someone they've traded directly with them. It tightens that up hugely because everyone knows what's going on.
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