Search results

it sounds like the api you're familiar with keeps local state... which brings a little clarity to your points/analogy. however, in my experience, most api's do not. my points reflect this generality and the general nature of the topic. perhaps you should consider the specificity of your...

faulty internal order state implementations does not decrease the value of the concept... it decreases the value of the programmers who botched it. re: api getting out of sync... i've had api's/lines fail to the point where the exchange had to EMAIL the list of fills that were then MANUALLY...

what you wrote here is a little mind boggling. are you saying you keep no internal order state relying completely on the api? if so, you sure are putting a lot of faith in that api, and also, something is wrong with these 'general principles' you speak of if they don't allow for one of the...

best practices for order handling basically start and end with one rule, never assume anything... unless of course, you think you can get away with it. each order req/mod should have 2 states, pending/confirmed with handlers if the pending should fail/reject. monitoring of 'pending'...

http://www.irs.gov/businesses/small/international/article/0,,id=97130,00.html

if you're outside of the country for more than around 300 days a year (the minimum i believe), and make around 250sh, then yes, it's not a bad deal.

i have to agree with dolan, at all costs, avoid the drawdown that take you to the bridge where shit flows under.

i actually did refute what you proposed. remember? i called it dumb and illegal. the risk is, you get caught, they take all your money, and you go to jail. the reward, you get to always look over your shoulder and incur a lot of stress for 80% increase in income. worth it? depends on your...

first, that firm in chicago trading millions of shares a day for $100 avg either is i hope an exaggeration or they're unfortunately complete idiots. it's easily the tiniest edge i've ever heard of and without knowing any details i can guarantee the risk they're taking to move millions of shares...

you should ask ubs clients about that one... anyway, this is dumb and illegal. um, so how exactly are you going to renounce and never leave? they don't let you renounce inside the us, you need to renounce elsewhere. only way to get back in is if you're part of the vwp with your other passport...

us citizens CAN invest in offshore funds, but are discouraged by them due to the negative tax implications for the fund (i know of none that allow it). this is the purpose of the onshore feeder that lee mentioned. the us investor invests in the feeder, which then pools in the offshore fund. the...

yea, that it's illegal.

you need to look at those platforms and see what languages they offer for their api's. learning anything else would be dumb. also, it's not just ease of language, ease of api, ie how well documented etc., can be much more important than language for getting up and going quickly. i'll save you...

don't discount ignorance as well...

your clearer just settles your trades. this is usually done after the trading day in a large batch run pairing your buys and sells. clearing doesn't happen at time of execution and doesn't affect time to execution. latency to chicago from ny is a huge variable. not including the number of...

index-arb is a subset of stat-arb. i mentioned index arb as an example of a hft strat to someone who it was obvious didn't know what hft was. i run a lot of stat-arb that looks very close to traditional index-arb. i'm sized into the mid-double digits and have access to three if i can ever...

moral of the story: don't clear through b/d's who trade their own accounts. seems obvious enough.

don't just read the disclaimer, and why they feel the need to even write that disclaimer is a HUGE RED FLAG. read ALL of their literature. it's OVERWHELMINGLY high frequency trader stole this, high frequency trader robbed me here... bla bla bla. the overall effect, is that one ends up...

US law doesn't prevent you from enaging in commerce, it just makes sure someone somewhere is taxing you if you do. WRT to your example: it would be entirely dependent on the type of tax treaty that the US has with Estonia. traderum's comment that you were replying to, assumed a tax treaty...

no, it's not a fair request when you blame people who aren't responsible. are high frequency trader's responsible for flash orders? are high frequency trader's responsible for sub-pennying? no. they're not. these are products and services that are created by b/d's and 'dark pools'. they're...