rrrrsss99

5 ms·

1.
by rrrrsss99 10y ago
No, only one order was legitimate. They placed an ask at the top level and then placed 3 bids below the top level. As soon as someone hit the ask, they cancelled the bids. The bids made it look like the market was going up. If the top l
2.
by rrrrsss99 10y ago
Markets already are unpredictable. Spoofing is the equivalent of running an auction on ebay and submitting bids yourself under fake accounts to drive up the price to trick the one person who actually wants it into paying more.
3.
by rrrrsss99 10y ago
Are there ways to optimize personal income taxes the same way corporations do? Can I create a shell person in the cayman islands and pay them the exact amount of my income and deduct my US income to $0?
4.
by rrrrsss99 10y ago
Were you buying these options throughout they year, or just near earnings?
5.
by rrrrsss99 10y ago
Add in all of the people who have found God and I guess the story checks out
6.
by rrrrsss99 10y ago
After $2500 for administration, there's just enough for a new aircraft carrier
7.
by rrrrsss99 10y ago
Not really. Most of the population is near the middle and doesn't care how you label them. People on the fringes are loud. That's all you're hearing.
8.
by rrrrsss99 10y ago
"we suffered through that horrific administration" Thousands of Americans died and hundreds of thousands of Iraqi's and Afgani's died. You obviously weren't one of them. Your weren't part of that. You went t
9.
by rrrrsss99 10y ago
What about the alternative of building up wealth? It's the conservative view, but if you get to 30 or 40 with significant assets, you have a lot more flexibility to explore what you want without worrying about money. With the supply
10.
by rrrrsss99 10y ago
I think this is kind of an unrealistic view of startups that's been championed a lot. I'll concede that I only have 4 data points (4 jobs), but when I worked at a startup, my responsibilities were much more limited and defined th
11.
by rrrrsss99 10y ago
Vanguard runs etfs mostly, so I'm not sure why they care about support small spreads since they probably do a lot of efp trades (I'm not sure how the underlying prices are determined, but I think they can convert at a set price).
12.
by rrrrsss99 10y ago
I think it put several hundred people out of work at nyse and nasdaq who were also charged with colluding for $.50 tick size. They went quietly. The repercussions have come from institutional investors and banks who we're used to put
13.
by rrrrsss99 10y ago
I think it's inaccurate to put hft in the future tech division with darpa or porn. Maybe it will lead to fpga's/c++/microwaves being widely used for ML, but it seems unlikely that the low latency and minimal cross count
14.
by rrrrsss99 10y ago
Not exactly in all products. US equities exchanges have to comply with the nbbo (national best bid offer), so they're required to forward an order to the exchange with the best price. This isn't true for futures, but there aren&
15.
by rrrrsss99 10y ago
An interesting data point in the hft rigged market debate I never see is, what do the insiders do with their money? I work at an electronic market maker that trades on colocated servers with fpgas and rents bandwidth on microwaves, so we w