You make a decent point, but your example is a straight up quid pro quo, which is clearly unfair. In the case of the collocation argument, there's...
That's what I'm doing, yes. With regard to CME distributing data, they distribute in a "fair" manner as far as this above example is concerned....
C/C++ are going to be alive for a long time in this industry. You need to interact directly with the kernel for drivers in C and you also need to...
Not that I'm aware of. I think that's what my girlfriend used in her "Stats for Psychology majors" class.
I think "Fraud" or "Rigged Market" is a bit of a stretch. I just don't know an alternative to this system exists. Would the alternative be that...
I never applied, but a few of my friends interviewed here. They had good things to say for the most part.
Diversification and expected drawdown.
I really doubt it. Being the last to receive information as it's disseminated, lacking institutional training and the teams they put together...
This is a function of the limited context I've gained through the hiring process, but most attended good schools, can fly through brainteasers,...
Again, I respect the opinion being posited here. You and I can go back in forth about whether spoofing is wrong or immoral, and I may even agree...
I appreciate your civility...that's actually exceedingly rare on this site. I agree that some HFTs have and probably still do engage in...
Maybe this is naive as I only know them from a few interviews and nights out, but the entity I'm working with this summer hasn't detailed their...
I am indeed fucking serious. I also don't recall advocating for either of those practices. I don't really do equities, but I'm still aware of some...
Agreed, but that's not what this discussion is about really. It doesn't help that several of said small traders asked TT how to program their...
I think the CME is pretty clear in their definition of what constitutes a "Disruptive Practice", rule 575.
This true to a degree, not all HFTs are market makers, but many HFT companies' bread and butter is market making. You don't need to be a DMM to...
Cancelling orders doesn't imply that the orders were initially places without the intention of them being executed. HFTs are trying to make...
I actually agree wholehearted. I didn't want to mention that no one with the technical competency to use the fork function in linux is gonna be...
So if I'm employing a mean reverting strategy where I offer liquidity, yes I am indeed hoping to have enough uninformed flow come in to take out...
I'm gonna venture that nothing insidious is taking place here for two reasons. 1. HFTs compete fairly vigorously to take all the queue positions...
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