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Carrello

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Posts posted by Carrello

  1. Thanks, Laid Back, for all your work on this.

     

    This info from Wikipedia, may help understand what FXall is. Just think of Forex:

     

    FXall (FX Alliance Inc) is a foreign exchange aggregator providing electronic trading to banks and brokers using an electronic communication network with headquarters in New York. The company provides electronic trading in the foreign exchange market to institutional clients using straight through processing. Clients include active traders, asset managers, corporate treasurers, market makers, broker-dealers and prime brokers. The company has been a subsidiary of  Refinitiv since 2018.
     

    foreign exchange aggregator or FX Aggregator is a class of systems used in Forex trading to aggregate the liquidity from several liquidity providers.

    Aggregators usually provide two main functions; they allow FX traders to compare price from different liquidity venues such as banks-global market makers or ECNs like CurrenexFXall or Hotspot FX and to have a consolidated view of the market. They allow traders to trade with many participants using a single API or a single trading terminal. Some of the systems support order sweeping (an order is split into the chunks which are sent to the respective counterparties based on the price, time and other attributes of the quotes from these counterparties), other systems route the whole order to a single liquidity provider who is chosen by an order routing algorithm embedded into an aggregator.

     

    The foreign exchange market (ForexFX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the credit market.[1]

     

    Straight-through processing (STP)[1] is a method used by financial companies to speed up financial transactions by processing without manual intervention (straight-through).

    It has been a goal in payments almost since payments have been processed electronically, including attempts in the 1980s to automate the processing of payments by Telex message. It was developed for equities trading in the early 1990s in London for automated processing in the equity markets.

     

    FXall (FX Alliance Inc) is a foreign exchange aggregator providing electronic trading to banks and brokers using an electronic communication network with headquarters in New York. The company provides electronic trading in the foreign exchange market to institutional clients using straight through processing. Clients include active traders, asset managers, corporate treasurers, market makers, broker-dealers and prime brokers. The company has been a subsidiary of  Refinitiv since 2018.
     

    foreign exchange aggregator or FX Aggregator is a class of systems used in Forex trading to aggregate the liquidity from several liquidity providers.

    Aggregators usually provide two main functions; they allow FX traders to compare price from different liquidity venues such as banks-global market makers or ECNs like CurrenexFXall or Hotspot FX and to have a consolidated view of the market. They allow traders to trade with many participants using a single API or a single trading terminal. Some of the systems support order sweeping (an order is split into the chunks which are sent to the respective counterparties based on the price, time and other attributes of the quotes from these counterparties), other systems route the whole order to a single liquidity provider who is chosen by an order routing algorithm embedded into an aggregator.

     

    The foreign exchange market (ForexFX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the credit market.[1]

     

    Straight-through processing (STP)[1] is a method used by financial companies to speed up financial transactions by processing without manual intervention (straight-through).

    It has been a goal in payments almost since payments have been processed electronically, including attempts in the 1980s to automate the processing of payments by Telex message. It was developed for equities trading in the early 1990s in London for automated processing in the equity markets.

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  2. 2 minutes ago, Floridian said:

     

    I don't remember saying that.  If so, I'm sorry.  

    Maybe I thought what you said was stupid, but I don't think I would call you stupid.

    I just now called myself too dumb to figure it out.

    Not good to hold a grudge, Carrello.

    Again, I'm sorry if I made you feel bad.

     

    As some say, "I'm not going to ruin a good high."

    So I am not going to respond o you. Drop it. This is a good thread.

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  3. On 11/17/2021 at 4:49 AM, yota691 said:

    Hey Ms. C the Prez...aka Brandon..Sign a Excutive order to shut down pipeline that made America oil independent...The Prez aka Brandon doesn't drive cars at all. The last thing I saw Biden aka Brandon drive was a bike..It actually all on him

     

     

    Fact check: Rising gas prices due to high demand and low supply, not Biden's policies

    Miriam Fauzia
    USA TODAY
     
    ...
    Blaming Biden for this uptick isn't a new phenomenon. These claims have been in circulation since January and particularly allege Biden's cancellation of the Keystone XL pipeline significantly impacted gasoline, "ensur(ing) a huge increase in gas prices for millions of us." 
    ...

    While it's true gasoline prices have risen significantly since Biden took office on Jan. 20 the upward trend predates Biden's time in office and is related to COVID-19 and market factors, not who occupies the White House. 

    Pandemic's effect on supply and demand 

    As with any commodity, the price of gasoline is determined by the simple balance of supply and demand: a high supply and low demand means low prices, while a low supply and high demand mean prices rise.

    ...

    The most important driver of this fluctuation is crude oil, from which gasoline is derived. This fossil fuel typically accounts for between 50% and 60% of the price at the pump, said Jeanette McGee, a spokesperson for AAA. 

     

    In 2020, crude oil prices became extremely cheap, so much so it was being traded at negative prices, McGee told USA TODAY. Brent crude oil, for example, a blend supplying most of Europe, was being sold at $9 a barrel, its lowest price in decades, the U.S. Energy Information Administration (EIA) reported.   

     

    The primary reason for this drop in crude oil prices was the pandemic, said McGee and Mark Finley, a fellow at Rice University's Center for Energy Studies.

     

    "The pandemic drove the world's oil market to become massively oversupplied, inventory dramatically increased and prices collapsed," Finley told USA TODAY.  

    In response to the low demand due to reduced travel and lockdown restrictions, Finley said major oil-producing countries like Russia, Saudi Arabia and member countries of the Organization of the Petroleum Exporting Countries, or OPEC, decided to cut down on their own oil production.

     

    But the cut meant oil producers weren't ready to meet the demand for crude oil once it renewed this year thanks to easing of COVID-19-related restrictions.

    "This year, demand has so far increased more quickly than production rates, which means the United States had to draw more on its gasoline storage inventories, which has contributed to prices going up," EIA spokesperson Chris Higginbotham said in an email to USA TODAY. "We expect oil producers in the United States and globally to increase their production levels through 2022, which we expect to contribute to lower crude oil prices, and lower gasoline prices."  

    Gas price uptrend predates Biden 

    While presidential actions and policies can have some impact on the crude oil market, they don't have as much influence over gasoline prices as one might think.

    "Some of (a president's) decisions can impact or contribute to market changes, which can then impact (future) crude oil, but they don't dictate gas prices," said McGee. "If you go back and look at historical data, whether it was Bush, Obama, Trump or Biden, (gas prices) go up and down no matter who's in office." 

     

    Keystone XL, other Biden policies don't affect today’s gasoline costs

    Many critics point to Biden's decision on the Keystone XL pipeline as fueling the gas price spike, but experts say there's no such connection.

     

    The extension of the Keystone pipeline, first proposed in 2008 by TC Energy based in Calgary, Canada, was rejected by former President Barack Obama in November 2015 but later approved by Trump in March 2017 . 

     

    Biden then suspended the project in January. And on June 9, TC Energy announced it was terminating the project.

    Even if construction wasn't halted, the Keystone XL pipeline wasn't in operation and therefore wouldn't have an impact on current gas prices, said Finley of Rice University.

     

    "That was something that would impact down the road," he said. 

    David Dismukes, economist and executive director of Lousiana State University's Center for Energy Studies, agreed, telling USA TODAY the pipeline would have had a "longer-run impact in providing a diversity of supply for refineries in the Gulf Coast."

     

    Similarly, other energy policies rolled out by President Biden, such as postponing oil lease sales, have a long-term, but not short-term, effect.

     

    "If you look at some of the actions taken by the administration with regard to offshore drilling, drilling on federal lands, the outlook for fossil fuel energies in general, those are impacting the price of crude and expectations about crude oil," said Diskmukes. "(Biden's policies do) have an impact, but that's not what you're seeing at the pump right now.

     

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  4. 8 hours ago, Hotcurl said:

     

    "Lets go Brandon" .......... He and his Socialist Elite Democrats deliberately caused this problem ..........  

     

    Just sayin' ............

     

    Semper Fi :salute:............

     

    RV there yet ? :pirateship:

    Why would Democrats deliberately rise oil prices? Do you think Democrats don't drive cars and don't buy gas or heating oil?

     

    What an ignorant statement.

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  5. On 11/7/2021 at 3:53 PM, Laid Back said:

    “We will pursue those who committed yesterday's crime, we know them well and we will expose them, and the hand of justice will reach the killers of the martyr Colonel Nibras Farman, an officer of the Iraqi National Intelligence Service."

     

    We have to remember that Al-kazemi was the head of the National Intelligence Service. 

    He knows everybody’s background really well.

     

    Go Al-kazemi

    Go justice

    Go reforms 

    Go democracy 

     

    www.washingtoninstitute.org

     

    The Harrowing of Mustafa Kadhimi

    Nov 9, 2021
     
     

    kadhimi Iraq

    ABOUT THE AUTHORS
    Michael Knights

     

    Michael Knights is the Boston-based Jill and Jay Bernstein Fellow of The Washington Institute, specializing in the military and security affairs of Iraq, Iran, and the Persian Gulf states.

     

     
    Brief Analysis

    Militias' repeated targeting of Kadhimi, including this week's attack on his home, emphasizes that Kadhimi has done something right in his past two years as Prime Minister of Iraq.

     

    In Old English, the word harrowing” suggests a test of fortitude, of suffering through a trial, of being tempted and tormented. In Christianity, Christ goes through a harrowing after his death as he walks through hell on his way to resurrection. Iraqs premier Mustafa al-Kadhimi certainly makes no pretensions to be anything more than a man trying his best, but he too is being harrowed as Iraq passes through its customary trial of elections, horse-trading, and government formation. In the latest twist of this long and winding tale, bombs dropped by drones struck Kadhimis house in the early hours of November 7, likely meant to intimidate politicians of all stripes, though thankfully leaving the premier himself unharmed.

     

    This is not the first time that militias have targeted Kadhimi and those close to him. Kadhimis first physical confrontation with Iran-backed militias came during the previous government formation process in April 2020, when nearly one hundred armed militiamen from the Iran-supported terrorist group Kataib Hezbollah (KH) surrounded Kadhimi and his security detail at the Prime Ministers Guesthouse, a kind of hotel for government officials and visitors. At the time, Kadhimis position was head of the Iraqi National Intelligence Service (INIS). Though well-protected, his men were no match for a hundred militiamen, some carrying Rocket-Propelled Grenades (RPGs) designed to blow up armored vehicles and bunkers. There had been an altercation between Kadhimis guards and KH fighters some days earlier. Then, KH took the opportunity to seize a bodyguard, rough him up, and throw him in jail—sending a message to the man who many expected would become the next prime minister. The intimidation did not work: Kadhimi did become premier, even after KHs Hossein Moanes (Abu Ali al-Askari) warned that his appointment would be considered an act of war and would burn what remained of the stability of Iraq.”

     

    Fast forward to June 2020, with Kadhimi ensconced as prime minister but still living in the same villa by the Tigris River, owned by a famous writer and friend of Kadhimis. When Kadhimi ordered the arrest of a KH terrorist, the militia sent another convoy of armed trucks to his house. They parked a twin-barreled anti-aircraft gun outside as they negotiated” for the prisoners release. Unknown to most Iraqis, Kadhimi still did not release the KH member after this effort at intimidation. Instead, the militiaman was set free only months later, released by a cowed judiciary. Just weeks into his premiership, receiving shaky signals from his own military commanders, Kadhimi was not ready to risk full-scale war with the militias. 

    Kadhimi is now better protected than he was then. His security measures and international backup are designed precisely to deter or defeat the small army of militia forces available to attack him. This is why the militias sent drones against his house instead. Many people have expressed shock over the November 7 drone attack, but it is not even the first time that Kadhimis house has been attacked by drones. On March 4, 2021, militias correctly sensed the beginning of pre-electoral negotiations to sideline them after the upcoming October 10 elections. They responded by throwing unarmed drones at the houses of key political leaders, Kadhimi included. A quadcopter struck his house, a forewarning of this week’s armed drone attack. 

     

    As the earlier attacks on Kadhimis security detail in April 2020 showed, militias are as interested in hurting Kadhimis friends and colleagues as they are in hurting the Prime Minister himself. The Iraqi National Intelligence Service (INIS) is Iraqs premier intelligence agency, responsible for countless arrests of Islamic State terrorists and other criminals. Yet the Iran-backed militias hunt them for sport in an effort to undermine Kadhimi and the system he has established to protect journalists, protestors, and citizens from militia attacks. On March 21, 2021, militias assassinated INIS officer Mahmoud Laith Hussein in the Mansour neighborhood of Baghdad. On June 7, militias intercepted and killed senior INIS officer Nibras Farman in east Baghdad, who went down fighting with just a pistol in his hand. Civilians close to Kadhimi have been kidnapped, tortured, and sometimes killed. His network is included in the broad swath of Iraqi people targeted by militias. Kadhimi’s affiliates are on the front lines of these attacks, and live with this daily fear. 

     

    Kadhimis step-by-step pushback against the militias is a frustratingly slow-burn strategy: one replacement of a compromised officer, one terrorism arrest, and one anti-corruption case at a time. But the arrests are building up, and the court cases are bearing fruit. Such work takes time, and Iraqis are rightfully impatient. Yet while any Iraqi prime minister can easily become a dictator and a death squad commander, Kadhimi does not want rivers of blood in Baghdad if steadily chipping away can reduce the risk to ordinary people. This is why Iraqs security forces arrest militiamen instead of summarily executing them, even though they may later be released due to corruption and intimidation. Rule of law does still matter to some in Iraq, and they continue to believe they can win through it rather than by going beyond it. Kadhimi is one of the Iraqis who continues to advocate for the rule of law, and the international community should recognize how rare it is to find a leader who chooses not to unleash brutality when he is under intense pressure to do so. 

     

    It is also quite fitting that this time, the Iran-backed militias bombed the front steps of Kadhimis modest house by the Tigris. It was on those exact steps that Qassem Soleimani, the head of Irans Islamic Revolutionary Guard Corps (IRGC) Qods Force, stood to offer Kadhimi the premiership in 2018, were he to agree to bend the knee to Tehran and serve as their premier in Iraq. When he declined, they chose Adel Abdulmahdi instead, with his ruinous era of premiership lasting just two years. Kadhimi did become premier afterwards, but not by Irans hand, and despite the death threats of Iran and its militias. Now, as Iraq forms a new government after elections, the same militias have laid down a red line that the next premier can be anyone exceptKadhimi. That should tell us something. 

    As Iraqi writers Hamzeh Hadad and Muhammad Al-Waeli noted in a 2018 Fikra Forum piece, Iraq needs a leader with vision if the country is to recover. But I would argue it also needs a quietly brave leader with a conscience and a sense of responsibility. Watching Iraq nose-dive under Abdalmahdi and begin to recover under Kadhimi has driven home to me the importance of the identity and character of Iraqs prime minister. In such a centralized system, a good premier is necessary, though not sufficient, to keep Iraq on the right path. Appointing such a leader is the vital first step that makes positive change possible. Whether Kadhimi becomes prime minister again or not, the militias efforts to tempt and torment him, and to drive him off his course, suggest he has done something right in these last two years, and that his example of staying the course against the militias should be emulated by future premiers, and supported by Iraqs friends.

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  6. 32 minutes ago, Rochester said:

    Iran is a great country, a great history of past days lost in time. Persians are great people, I used to have a friend from Tehran. Trouble is, as The Boss Bruce Springsteen sang, "Glory Days, pass you by. Glory Days, in the wink of a young girl's eyes, glory days...."

     

    I believe when most people reference "the Iranians," or "the Russians," or others, the governments are being talked about and not the citizenry. I lived in an area that has large swaths of Iranian immigrants, dated an Iranian man who was an engineer, and was fortunate to spend 2 months in Iran at one point. Iranians are gracious, hard working, and hospital. Their government: Not so much.

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  7. 34 minutes ago, jg1 said:

    The drones are probably freebies from Afghanistan, courtesy of the biden administration

     

    You know drones signals can be disabled, right? And when disabled the drones returns to the remote control. And American equipment was flown out of Afghanistan, and what was left on the ground  was destroyed and guaranteed not to be "usable" any longer.

     

    You must think our US military is incompetent.

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  8.  

     

    "Iraqi and U.S. officials have grown increasingly alarmed over the recent use of small fixed-wing drones that have evaded detection systems around military bases and diplomatic facilities. Military officials and diplomats say that the drones sometimes fly too low to be picked up by defensive systems."


     

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  9. 8 minutes ago, GreedyDinar07 said:

    Ok ..... I don’t see how you can remain positive but it helps around here I will be glad when they just get it over with...

     

    Just as Laid Back implied, we have never been in a better place. It is beyond me that you cannot be positive.

     

    Again, after 1Q 2022 I'll be in a bistro. Dial 1 first to contact me at my regular phone number.

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