Wednesday, December 01, 2004

Good Orders

An unknown-to-me and serious looking colleague was lurking around the desk today closely looking at the movements in Unipetrol and Cesky Tel so I asked one of my desk operators who he was. Turns out he is the guy who monitors positions and money for our margin punters.

I said that I thought he was one of the asset managers.

And my desk mate says, no, just watching the market closely."But sometimes he gives us some very good orders," he says with a smirk. Ha!

(For the uninformed: There is nothing like a joke about closing out one of our speculators on a margin call.)

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