plc

5 ms·

1.
by plc 2mo ago
LLMs do match the level of sophistication of the user and the quality of questions they ask. So questions about, how do you improve the level of question? You see the answer in Terry's exchange, both AI and humans are doing an exchange
2.
by plc 9y ago
it's absolutely my bad -- when you have been doing this for 4 years, and a team works incredibly hard to do a trade that makes a lot of sense, seeing comments like i've seen here on this thread just straight up hurts. and again, i
3.
by plc 9y ago
in general, you are telling me to stop but I am telling you guys to stop. you do so much damage to companies with completely uninformed comments than you can possibly realize. if you don't know what you're talking about, don'
4.
by plc 9y ago
look, i really do not try to be an ass about this stuff, but the stuff people post is actually just wrong and hurts my business (people on hn can appreciate this) but i can't say anything substantive because we're regulated by the
5.
by plc 9y ago
the comments were just straight up wrong assuming information that only I have, and I can't rebut it because, you know regulators would put me in jail. so now what?
6.
by plc 9y ago
not OTC -- it's centrally cleared by us.
7.
by plc 9y ago
go ahead and close my account. you guys have tolerated a lot worse in the past with others. i'm just being substantive, because you know, i sort of know what i'm talking about.
8.
by plc 9y ago
uh -- who does naked options at ledgerx? and yes, the data says 3600 for the call, which is the definition of a premium. nothing missing, guys. seriously. do more thinking before you post. seriously no joke, I am the CEO there, former trade
9.
Blockchain is a means to an end, not an exciting technology by itself(ledgerx.com)
2 points by plc 11y ago|0 comments
10.
by plc 14y ago
Without any regards to the stocks they are trading? Ironically, Mark Cuban shoots himself in the foot here when he complains about macro events dominating micro events. It turns out to price an asset, like a stock, a wide variety of skills
11.
by plc 14y ago
Agreed, those blogs/publications are horrendous. Just factual stuff that is wrong all over the place. I wouldn't mind if people had concerns, as long as they realize it's a very complicated subject, so maybe they should ask questions, inste
12.
by plc 14y ago
Does anyone here even have any experience in NYC, or on Wall Street? Wall street knows what business it's in...lots of them. It does bond research, equity research, investment management, sales and trading, and yes, investment banking (to r
13.
by plc 14y ago
How is that even close to the point he was making? HFT vs HFT algo trades happen infrequently. They do happen, but it's rare. But guess what? This forces each other to be better, just like any other competitive industry. The ones that do po
14.
by plc 14y ago
Mutual funds do buy HFT services in executing their long term investments...they do so by going to the open market, where HFT dominates. They pay HFT services by paying the typical 1 cent spread. One of the greatest examples of how nothing
15.
by plc 14y ago
What are you talking about? If a non HFT buyer/seller both want to buy/sell at 20, then they will go to the market and that will happen. In fact, that happens all the time. This is precisely the point about HFT. If you are a seller, there i
16.
by plc 14y ago
It is not a zero sum game between you and HFT. It IS a zero sum game between an HFT firm and another HFT firm, or an HFT firm versus people specialist traders. You think that burly guy from queens who used to be a janitor and now works on t
17.
by plc 14y ago
All right, enough. The amount of ignorance out there about HFT is huge. I developed HFT algorithms in a previous life at a very large, well known bank. The majority of trades out there are in fact market making related. The ones that are ma
18.
by plc 15y ago
stay tuned =) We have a lot of awesome product features in the pipeline that will be released in the next few weeks.