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    UBS rogue trader loses $2 billion

    This made me laugh. The naive nature of most the folks on ET never ceases to amaze me.
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    There are some big riots going on in England right now

    Toodle pip old bean :D
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    There are some big riots going on in England right now

    Just remembered my use of slang is terrible and this site has an international audience. "Twenty quid says they'd all be home watching their brand new nicked tellies if the British summer lived up it's usual form." translates as "I bet twenty pounds they'd all be at home watching their...
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    There are some big riots going on in England right now

    Exactly. All always. Context, perspective and point of view is everything. However, these guys aren't protesting about anything. They are just looters. Nothing more. Nothing less. I tell you what would stop this in a second. If it was pissing with rain. Warm and sunny out there this evening...
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    There are some big riots going on in England right now

    Yeah, I pissed myself laughing when I read that. Got to hand it to them. Great sense of humour.
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    There are some big riots going on in England right now

    Thanks mate. To be fair, you'd have to have a bit of local knowledge to understand the message. Let's see what happens. In any other country the Police would have already nipped this in the bud with water cannons and CS gas. Let's see if the government have the balls to do what's required...
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    There are some big riots going on in England right now

    What bit can't you understand? It's a call from the Sikh community to their people telling them to be ready to protect their religious buildings. The circular text is a call to all the rioters in certain areas of West London (Acton, Northolt, Greenford, Ruislip etc) to loot the jewellers...
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    Starting with 1 ES contract...

    Interesting thread. The usual breadth of responses, as is to be expected at ET. I hardly ever chime in these days but leverage is a worthwhile topic so I thought I'd add my tupence worth. To my mind, and many others that also play this game professionally, there is only one instance when...
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    CL Redux

    Blotto, In my very rare visits to ET these days, I always make a point of checking out what you and a couple of other quality posters have had to say in the previous weeks. Your comments are usually intelligent and it's obvious you understand the forces behind the markets. However, I'm a...
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    Low Latency Trading Start-Up

    The 30 year bonds is typically a slow market with deep liquidity. Try trading crude or the euro and you will often see liquidity dry up immediately prior the initiation of a move. Large professional interests will spot this and cross the spread in a scamble for the remaining liquidity. If you...
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    Low Latency Trading Start-Up

    Tom, In a liquidity squeeze 100ms is an eternity which can affect entry/exit prices by several ticks. When it can be shaved off by colocating your boxes close to your brokers infrastructure I fail to understand why anyone wouldn't want to do it.
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    Low Latency Trading Start-Up

    NetTecture Hope you are doing well. I've been away for a while and it's good to see you are still speaking sense on these boards. If I remember correctly you go through Vision's Rithmic infrastructure? Seriously, get some managed boxes in downtown ChiTown. Won't cost you any extra I'd...
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    Just another trading platform - But this time different!

    If you want any respect (or response) from the guys in this forum that actually know what they are talking about, I suggest you do some basic research first. The .NET JIT compiler produces bytecode that is specific to the machine's CPU architecture. In some instances it can make use of CPU...
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    Programmer at Hedge Fund

    Be aware as well that being a techie in a traditional front office environment can be miserable. E.g. If you end up developing screens for traders who think they are big swinging dicks then you are unlikely to get any respect from them and they'll kick you into the floor upon every problem. Not...
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    Protecting successful trading strategy

    An interesting approach... If you don't mind me asking, what is your method?
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    Major, major Tsunami about to hit the Asia Pacific region

    Classic. Comedy gold.
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    The success of UK´s wealth: Migrant cap could bar 88,000 students

    How are they the origin of our supposed wealth (what wealth, we just have debt) when the majority leave the country within 5 years of completing their studies?
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    LINQ is a Monad

    You don't aim low with your dev goals, do you? Best of luck with that.
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    bond_trad3r is calling a market crash

    Wow!!! So you're saying that you think the market will tank, but the S&P might keep rising for another decade to 5000 before it happens? Have you considered starting up a subscription alerts service?
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    Qualifications for a Black Box/HFT Programmer?

    I didn't interpret the article as saying that. It says... "Why would any company hire a computer programmer with the wrong skills for a salary of $150,000, when it can hire a fresh graduate—with no skills—for around $60,000?" The graph simply shows the typical salary progression for 3...
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