Alright, well there's at least one that uses KDB. Agreed on C++ over C, but given that we're talking to someone that's calling themselves a 'technologist' thought I would recommend the best book to get started. I've had…
KDB+ and Q: https://kx.com/academy/ Julia: https://docs.julialang.org/en/v1/ The C Programming Language: https://www.amazon.com/Programming-Language-2nd-Brian-Kernig...
This thread is why y'all need to focus on engineering and leave finance to professionals. Banks have assets (mostly bonds) and liabilities (mostly deposits). Both of these items have a duration. They have to match the…
The efficient markets hypothesis does not, and has not, stood up to empirical research since it was first invented. The reason that it's a hypothesis, and not a theory, is that it's impossible to disprove because all of…
Society was told for thousands of years that astrology could predict the future and we believed it. But turns out, it couldn't. Society was told for decades that "technical analysis" couldn't work because any advantage…
This is a great way to end up in a situation where you have to re-write entire modules whenever you need to update old code... which is kinda where our teams tend to end up anyway so I guess it's not _that_ awful?
I'm starting to feel bad for Boeing.
What paper did you read? It wasn't the one that was linked which stated the opposite of what you just said.
On the bright side, their DNS servers didn't go down, otherwise I would have spent about an hour arguing with my ISP.
Seems to be all google auth
The equivalent would be an architect naming their new building project 'the world trade center'. A lot of people just aren't going to touch it because of the image it evokes. LTCM nearly broke the world's financial…
I remember when a bunch of nobel prize winning economists founded "Long-term Capital Management" on the theory that, because they only traded relative value arbitrage, they couldn't lose money. Then they levered the…
There are a few very important caveats that they miss though. Revenue determinants are heavily based on conversations with healthcare payers to determine market size which dramatically effects revenue projections. Most…
This is a pretty solid breakdown. IRR isn't mathematically valid though. I might take a run at cleaning up this spreadsheet tonight to make it look a little more professional. Need to include things like tax and exit…
Where are the people that told me that front-running is only used to describe your actions in response to your own client's orders? Just because you were taught not to use it in email doesn't mean that certain forms of…
Correct. Despite this, I choose to donate to my universities because a) when its my children's turn, I want the organization to remember my name, and b) I honestly believe that education is a truly worthwhile pursuit…
Front running has not always been illegal, front-running if you have a fiduciary duty to clients has always been illegal, and many forms of front running are still legal today. Nowhere did I imply that arbitrage is…
Yes, this exists.
Well, you would have lost out on a lot of innovation for one. I would be willing to bet that nearly half of the world's high performance computing specialists cut their teeth with a trading firm at one point or another.…
Market makers need to be able to close arbitrage opportunities or they won't participate in the market. Speed matters just as much to them as it does to the prop traders.
I was an engineer for a high frequency trading desk at a firm not mentioned in this article. Flash Boys is a great book and we required our new hires to read it as it got a lot of things right. Front running is illegal…
My argument is that the west side has had many opportunities to alleviate our transportation problem and has consistently decided that we would rather deal with hour long traffic jams than even incremental amounts of…
No, your perception of LA's public transportation is completely out of touch with reality. Subway and train systems are fundamentally different modes of transit than bus systems. They are more accessible, run on regular…
I'm a LA resident. People in this city like to talk about congestion as though they see it as a problem, but they don't actually see it as a problem. Only people in the valley see it as a problem because there are…
Or run nmap, or look at your own IP address and just guess at it, or look at your /var/log/messages and ssh logs, all of which are likely just as effective and way less time-consuming than cracking hashed host…
Alright, well there's at least one that uses KDB. Agreed on C++ over C, but given that we're talking to someone that's calling themselves a 'technologist' thought I would recommend the best book to get started. I've had…
KDB+ and Q: https://kx.com/academy/ Julia: https://docs.julialang.org/en/v1/ The C Programming Language: https://www.amazon.com/Programming-Language-2nd-Brian-Kernig...
This thread is why y'all need to focus on engineering and leave finance to professionals. Banks have assets (mostly bonds) and liabilities (mostly deposits). Both of these items have a duration. They have to match the…
The efficient markets hypothesis does not, and has not, stood up to empirical research since it was first invented. The reason that it's a hypothesis, and not a theory, is that it's impossible to disprove because all of…
Society was told for thousands of years that astrology could predict the future and we believed it. But turns out, it couldn't. Society was told for decades that "technical analysis" couldn't work because any advantage…
This is a great way to end up in a situation where you have to re-write entire modules whenever you need to update old code... which is kinda where our teams tend to end up anyway so I guess it's not _that_ awful?
I'm starting to feel bad for Boeing.
What paper did you read? It wasn't the one that was linked which stated the opposite of what you just said.
On the bright side, their DNS servers didn't go down, otherwise I would have spent about an hour arguing with my ISP.
Seems to be all google auth
The equivalent would be an architect naming their new building project 'the world trade center'. A lot of people just aren't going to touch it because of the image it evokes. LTCM nearly broke the world's financial…
I remember when a bunch of nobel prize winning economists founded "Long-term Capital Management" on the theory that, because they only traded relative value arbitrage, they couldn't lose money. Then they levered the…
There are a few very important caveats that they miss though. Revenue determinants are heavily based on conversations with healthcare payers to determine market size which dramatically effects revenue projections. Most…
This is a pretty solid breakdown. IRR isn't mathematically valid though. I might take a run at cleaning up this spreadsheet tonight to make it look a little more professional. Need to include things like tax and exit…
Where are the people that told me that front-running is only used to describe your actions in response to your own client's orders? Just because you were taught not to use it in email doesn't mean that certain forms of…
Correct. Despite this, I choose to donate to my universities because a) when its my children's turn, I want the organization to remember my name, and b) I honestly believe that education is a truly worthwhile pursuit…
Front running has not always been illegal, front-running if you have a fiduciary duty to clients has always been illegal, and many forms of front running are still legal today. Nowhere did I imply that arbitrage is…
Yes, this exists.
Well, you would have lost out on a lot of innovation for one. I would be willing to bet that nearly half of the world's high performance computing specialists cut their teeth with a trading firm at one point or another.…
Market makers need to be able to close arbitrage opportunities or they won't participate in the market. Speed matters just as much to them as it does to the prop traders.
I was an engineer for a high frequency trading desk at a firm not mentioned in this article. Flash Boys is a great book and we required our new hires to read it as it got a lot of things right. Front running is illegal…
My argument is that the west side has had many opportunities to alleviate our transportation problem and has consistently decided that we would rather deal with hour long traffic jams than even incremental amounts of…
No, your perception of LA's public transportation is completely out of touch with reality. Subway and train systems are fundamentally different modes of transit than bus systems. They are more accessible, run on regular…
I'm a LA resident. People in this city like to talk about congestion as though they see it as a problem, but they don't actually see it as a problem. Only people in the valley see it as a problem because there are…
Or run nmap, or look at your own IP address and just guess at it, or look at your /var/log/messages and ssh logs, all of which are likely just as effective and way less time-consuming than cracking hashed host…