http://www.nasdaqtrader.com/trader.aspx?ID=topliquidity GS isn't even top-5 on NASDAQ. Professional trading was never cheap. The barrier to entry for becoming a high-frequency trading firm is much, much lower than…
Giant broker = small privately held company? The biggest players in this game are not massive NYC investment banks.
Liquidity providers get paid to trade on most exchanges (maker-taker model). ETA: That's not to say this is a good book. It's not. I'd recommend Vidyamurthy's Pairs Trading and Harris's Trading and Exchanges, but there…
I would gladly take such a position so long as the system seemed fair (e.g., seeing several long-term non-owner/management employees working there). The terms are spelled out clearly, and I'd rather work somewhere that…
It also has negative effects for experienced workers: http://www.bloomberg.com/apps/news?pid=20601109&sid=a3Es... Instead of being fired or laid off, employees are put into "Milton" type roles where they are made to…
Check out OKWS (http://www.okws.org/doku.php?id=okws) if you're interested in developing webapps on C++.
Front-running is knowing an order is going to be inserted into an exchange's book, and sending your order before it; an example would be if a broker saw a client making a big trade and sent his order before the…
If the person believed a natural counterparty would come along within milliseconds, why would he or she enter a market order rather than a passive limit order? There are many high-frequency strategies, and…
Technology has been disrupting Wall Street for years. Look at the NYSE / Archipelago reverse merger where a young, tech-savvy upstart ECN essentially took over the iconic New York bourse. "In the old days, short-term…
The original poster probably doesn't meet the requirements for investing in hedge funds <http://www.fool.com/investing/mutual-funds/2006/02/28/are-yo...; and they don't take $24k investments anyway.
Assigning the value 0 or NULL to a pointer does not necessarily set it to address 0.
It's not that amazing. Amtrak is a quasai-governmental entity; airlines face a lot of competition. Planes fly longer distances and have no alternate way to get online. People on a 3-4h train ride might be satisfied with…
Is that round-trip? I looked on Kayak and a round-trip flight tomorrow is at least $300. I don't think the busses and trains get so much more expensive at the last minute, but I could be wrong.
Not all automated trading or quantitative finance is high-frequency. A bank trading exotic derivatives OTC could use C# to generate quotes without a problem. There are at least a couple reputable prop groups I know of…
Depends on the branch. In quantitative finance: C++, R, F#, Q, OCaml, MATLAB, Python (NumPy and SciPy)
That's actually really useful info. If someone visits your site enough to be in their top sites, it's probably a sign that they like it a lot.
It's legal to disclose one's religion, marital status, and sexual orientation on a resume as well, but I think it would scare a hiring manager off. Saying you're eligible to work somewhere is different than disclosing…
My friends have all had similar experiences, though most of them were interviewing straight out of undergrad, so it may have been a little different. Have seriously in-depth knowledge of the languages you claim to know,…
I don't really think so. You're really trying to measure the scale of your work. Better metrics would be what specifications you implemented, features you added, scalability (# of users or servers). You wrote 21k lines…
Agreed. Even assuming people do the right thing all the time and never get behind the wheel after drinking, when emotionally heated, without enough sleep, or while distracted by phones, etc., anyone can be distracted…
Modern cars make so much power that you really don't need to shift unless you're accelerating from a stop, in traffic, or on curvy/hilly backroads. I can comfortably drive in 6th gear between 55 and 100+ mph including…
I've had a brand new high-end German car for almost a year and some of my closest friends don't even know I own it (I live in a large city where driving isn't that common). I like to keep a low profile for the most…
Top-tier high frequency proprietary trading firm. Always looking for expert level C and C++, strong knowledge of network programming, real-time systems, distributed systems, multithreadeding, Linux (to the kernel level…
I would assume it means to short sell the security. No clever modeling is going to generate 3000% quarterly returns in mostly efficient markets without taking significant risk. I do this kind of stuff for a living.…
Why do you think the PS3 sucks? It's priced similarly to the Xbox and has a powerful CPU and GPU, good game selection, nice controllers, and support for what's currently the most viable way to watch 1080p movies along…
http://www.nasdaqtrader.com/trader.aspx?ID=topliquidity GS isn't even top-5 on NASDAQ. Professional trading was never cheap. The barrier to entry for becoming a high-frequency trading firm is much, much lower than…
Giant broker = small privately held company? The biggest players in this game are not massive NYC investment banks.
Liquidity providers get paid to trade on most exchanges (maker-taker model). ETA: That's not to say this is a good book. It's not. I'd recommend Vidyamurthy's Pairs Trading and Harris's Trading and Exchanges, but there…
I would gladly take such a position so long as the system seemed fair (e.g., seeing several long-term non-owner/management employees working there). The terms are spelled out clearly, and I'd rather work somewhere that…
It also has negative effects for experienced workers: http://www.bloomberg.com/apps/news?pid=20601109&sid=a3Es... Instead of being fired or laid off, employees are put into "Milton" type roles where they are made to…
Check out OKWS (http://www.okws.org/doku.php?id=okws) if you're interested in developing webapps on C++.
Front-running is knowing an order is going to be inserted into an exchange's book, and sending your order before it; an example would be if a broker saw a client making a big trade and sent his order before the…
If the person believed a natural counterparty would come along within milliseconds, why would he or she enter a market order rather than a passive limit order? There are many high-frequency strategies, and…
Technology has been disrupting Wall Street for years. Look at the NYSE / Archipelago reverse merger where a young, tech-savvy upstart ECN essentially took over the iconic New York bourse. "In the old days, short-term…
The original poster probably doesn't meet the requirements for investing in hedge funds <http://www.fool.com/investing/mutual-funds/2006/02/28/are-yo...; and they don't take $24k investments anyway.
Assigning the value 0 or NULL to a pointer does not necessarily set it to address 0.
It's not that amazing. Amtrak is a quasai-governmental entity; airlines face a lot of competition. Planes fly longer distances and have no alternate way to get online. People on a 3-4h train ride might be satisfied with…
Is that round-trip? I looked on Kayak and a round-trip flight tomorrow is at least $300. I don't think the busses and trains get so much more expensive at the last minute, but I could be wrong.
Not all automated trading or quantitative finance is high-frequency. A bank trading exotic derivatives OTC could use C# to generate quotes without a problem. There are at least a couple reputable prop groups I know of…
Depends on the branch. In quantitative finance: C++, R, F#, Q, OCaml, MATLAB, Python (NumPy and SciPy)
That's actually really useful info. If someone visits your site enough to be in their top sites, it's probably a sign that they like it a lot.
It's legal to disclose one's religion, marital status, and sexual orientation on a resume as well, but I think it would scare a hiring manager off. Saying you're eligible to work somewhere is different than disclosing…
My friends have all had similar experiences, though most of them were interviewing straight out of undergrad, so it may have been a little different. Have seriously in-depth knowledge of the languages you claim to know,…
I don't really think so. You're really trying to measure the scale of your work. Better metrics would be what specifications you implemented, features you added, scalability (# of users or servers). You wrote 21k lines…
Agreed. Even assuming people do the right thing all the time and never get behind the wheel after drinking, when emotionally heated, without enough sleep, or while distracted by phones, etc., anyone can be distracted…
Modern cars make so much power that you really don't need to shift unless you're accelerating from a stop, in traffic, or on curvy/hilly backroads. I can comfortably drive in 6th gear between 55 and 100+ mph including…
I've had a brand new high-end German car for almost a year and some of my closest friends don't even know I own it (I live in a large city where driving isn't that common). I like to keep a low profile for the most…
Top-tier high frequency proprietary trading firm. Always looking for expert level C and C++, strong knowledge of network programming, real-time systems, distributed systems, multithreadeding, Linux (to the kernel level…
I would assume it means to short sell the security. No clever modeling is going to generate 3000% quarterly returns in mostly efficient markets without taking significant risk. I do this kind of stuff for a living.…
Why do you think the PS3 sucks? It's priced similarly to the Xbox and has a powerful CPU and GPU, good game selection, nice controllers, and support for what's currently the most viable way to watch 1080p movies along…