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    CME co-Location Services

    Given the limit number of Racks available, I can not imagine there will be anyone trying find sub-tenants for their space. I know of certain firm that applied for 5 racks already.
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    Anybody knows the physical location of server for WTI CL?

    As of 2-3 weeks ago: http://www.datacenterdynamics.com/ME2/dirmod.asp?sid=&nm=&type=news&mod=News&mid=9A02E3B96F2A415ABC72CB5F516B4C10&tier=3&nid=B781C0CAE103483AB3480B8706C314F1
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    ARCA Cancel - How long does it take?

    Well, not that I trade on ARCA frequently (not much of an equities person), but I distinctively remember a chat I had with a firm that is active in HFT strategies on ARCA, and they indicate the "raw" ARCA response time is something like 0.6 to 0.8 ms. Modelling the response time, tack on...
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    pointers to readings on automatic market making?

    Oh you know I will disagree with that. It is not *that* hard to start an AMM/HFT operation from scratch. Having done exactly that, i know it is a fairly reachable goal (yes, I started as a single person). While I have had some prior knowledge alrdy on the brokerage side, and the transition is...
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    pointers to readings on automatic market making?

    Yes and no, I for one enjoys just intellectual conversations, without anything in return. And I will agree that the OP is definitely trying to be upfront and direct about his questions. The trouble that make a conversation like this difficult is that while the OP is definitely sincere, he...
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    Servers

    I have some servers co-located in equinix via fiber cross connect. I assume you are not talking about the other hardware, such as atm hardware, etc. You will not get 4 to 5 years out of any server config, based on my experience, about 2 years is almost the max, figure out a "server rotation"...
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    Anybody Trade from Monaco's Monte Carlo ?

    More than a few successful traders I know live in Monaco. Monaco real estate is among one of the most expensive in the world (roughly 2x Manhattan prices by my estimate), so a 2 bedroom apt would run you a min of 2-2.5M Euro. But on the flip side, the moment you own property in Monaco, you are...
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    Is Prop Trading equities/commodities DEAD?

    Don, I respectfully disagree. According to a study done by Tabb Group earlier this year, ibank prop desks only accounts for 17% of overall HFT by volume. The majority of HFT volume are doing by proprietary (yes, prop) firms and independent market makers (58% of overall) And last time I...
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    Algo trading study resources?

    My theory on Ms. Aldridge is that she won't know what a high frequency trading system is if it hit her in the face. Some of the HFT systems are very profitable, *relative* to their capital base. I have seen ppl making 10+M / yr on a starting capital base of just 1-2M, and similarly...
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    Algo trading study resources?

    Ok, I will bite. This is a "out of date" HFT strategy that uses "rebate trading" on AMEX to make some decent rebates. Back in 2004-2005, there were a list of names that ARCA maintains that there is 0.0 (zero) cost for taking liquidity, and something like 0.2 cents for providing liquidity. So...
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    Algo trading study resources?

    I agree, Mizhael, you post similar stuff in wilmott as well. And the honest to god truth is that there is no "secret sauce" here, that you can just learn over a 2 week period, and become an HFT system designer, trader and practitioner. The reality is that any practical information we have...
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    How to beat VWAP in certain time window?

    Without going into the whole concept of market behavior modeling (which is a research top all by itself). let's talk about one "theoretical approach", beating VWAP by acting as a market maker. In a LMM (lead market maker) allocation matching algorithm, the benefits is obvious, the order will...
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    What is the job market like for developers/quants?

    Since you posted in Automated Trading section, I assume we are only talking about Automated related jobs. If you are looking at NYC (and surrounding area), then yes the job market there is quite poor, mostly due to just the mass of candidates floating around. And even for markets outside of...
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    career paths of automated trading system developers

    You are (at least to me), slightly contradicting yourself. You initial post indicated that you are mostly a quant/strategist and developer, and now you want a (possibly new) software engineer, something doesn't add up in my head. You are talking like you want to build out at least 2-3 person...
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    High frequency traders literally printing money!!! LITERALLY PRINTING MONEY!!!!

    I just flipped thru the entire thread. As many of you know, I run a HFT trading operation. I will make no specific arguments for or against HFT, am not here to win any intellectual argument, justify my systems' existence, or argue some morality point. Do I support some financial reform...
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    career paths of automated trading system developers

    Write a business plan and then implement it. After 10 years in the business, you should know all that detail in back of your your mind, all the various steps to strike out on your own. Really, it starts out as sitting down with an empty sheet of paper and a pen, and write out all the steps you...
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    man solves one of world's greatest mathematical puzzles and turns down 1 million

    Ahem, even among "pure" academics, Perelman is considered quite the extreme. He even resigned his researcher position at the research institute, and is reported to now avoid mathematics in general. He never attends peer conferences, and even his papers, are just published on the web, and...
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    man solves one of world's greatest mathematical puzzles and turns down 1 million

    Ahem, even among "pure" academics, Perelman
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    HFT Incubator

    Hmm, this i am curious about. Let me ask some of the members i know, it is possible I am out of the loop here. Of cos, I am not talking about some guy off the street, I am talking about at least have some connection with the member(s).
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    HFT Incubator

    nitro, for some one like you, with a fair bit of experience in the industry alrdy, I don't know what you would gain from an incubator like this. You are in Chicago alrdy, so why not just plunk down a few 00k to buy a Merc (or CBOT) seat, and get a FCM to sponsor your link, write your own...
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