5 ms·
I wouldn't take that quote too seriously. If you read the doc where those quotes came from, it's clear the traders are joking around. They would have done it fo
by tristanj 11y ago
I wouldn't take that quote too seriously. If you read the doc where those quotes came from, it's clear the traders are joking around. They would have done it for favors anyway, no coffee needed.
Source here, with some example quotes below: http://www.cftc.gov/PressRoom/PressReleases/pr6510-13 http://www.cftc.gov/PressRoom/PressReleases/pr6510-13
December 4, 2008: (RBS Order p. 25-26.)
Swiss Franc Trader: can u put 6m swiss libor in low pls?
Primary Submitter: NO
Swiss Franc Trader: should have pushed the door harder
Primary Submitter: Whats it worth
Swiss Franc Trader: ive got some sushi rolls from yesterday?
[…]
Primary Submitter: ok low 6m , just for u
Swiss Franc Trader: wooooooohooooooo[,] 0.01%? thatd be awesome
Primary Submitter: 1.33
Swiss Franc Trader: perfect[.] u r a nice man
May 5, 2009: (RBS Order p. 27.)
Swiss Franc Trader: can we get high 3m, low 6m pls!
Primary Submitter: maybe
Swiss Franc Trader: PPPPLLLLLEEEEEAAAAASSSSEEEEEE
Primary Submitter: ok 41 52
Swiss Franc Trader: perfect perfect
May 14, 2009: (RBS Order p. 28-29.)
Swiss Franc Trader: [Primary Submitter] pls can we get super high 3m[,] super low 6m
Swiss Franc Trader: PRETTY PLEASE!
Primary Submitter: 41 & 51
Swiss Franc Trader: if u did that[,] i would lvoe [sic] u forever
Primary Submitter: 41 & 55 then …
Swiss Franc Trader: if u did that i would come over there and make love to you[,] your choice
Primary Submitter: 41+51 it is
Swiss Franc Trader: thouht [sic] so
Primary Submitter: so shallow
- lawpoop 11y agoWell then OP's point is even more sharp: it's all about connection and politics, not payout.
- witty_username 11y agoI can't help but think it sounds like two cringey teens chatting.
- digi_owl 11y agoYeah, i was strongly reminded of a MMORPG chat channel. Then again, most of the guys doing this kind of trading is likely to be in their early 20s or so...
- witty_username 11y agoStill, normally I imagine all these finance people as people in suits, not the type who says this "if u did that i would come over there and make love to you[,] your choice"
- digi_owl 11y agoJudge a man not by his wardrobe but by his statements and actions. Again and again the biggest assholes and criminals in this world either wear a suit, or a uniform.