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    NANEX- FOMC announcement shenanigans by HFT

    There's no front-running. I'm not sure why you would hail them as heroes if they sell an inferior product at worse price, seem to have a personal agenda in getting regulators to bite at the heels of their competitors and the products that they provide, just because they are superior and...
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    NANEX- FOMC announcement shenanigans by HFT

    Again, you're missing my point. The analytics that they're feeding you is carried out on 100 ms, 1 sec resolution (and edit: sometimes 1 ms, dtrader98). Get over it. I get the feeling that people like to compensate for their frustrations in real life by venting on others on a forum - by...
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    NANEX- FOMC announcement shenanigans by HFT

    You don't seem to understand my point. These colorful plots that they've been making have never been at a higher resolution than 25 milliseconds. The analytics that they've been trying to drive at you are sometimes at the 100 ms resolution: e.g...
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    NANEX- FOMC announcement shenanigans by HFT

    Not really sure how Nanex talks about 1 millisecond when their own data is timestamped by the 25 milliseconds. Talking about how good the 963 hp on the LaFerrari engine feels based on the ride you got on your 39 hp tractor.
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    List of Primer Brokers for Startup Funds

    I really like Mary Kay, Laura Mercier, REVLON and L'Oreal. If you're looking for one that has a large presence in Asian markets, I'd go with Shiseido. I think they have sales rebates for purchases over $100 at Sephora. A good primer is crap without a good foundation.
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    Quant-trader career advice

    I don't think that's a significant threshold, since I've donated that in a single day. Nevertheless, I don't get how that disqualifies my statement.
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    Quant-trader career advice

    All of the advice above is bad. You sound like you have a better job than any of them can envision, so please keep it first as that is almost risk-free. As for courses, it really depends on what you're trying to do (buy/sell-side quant?). You likely have to count on your personal connections and...
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    The Trading Software Market is Dead

    False. I know of two large seed rounds in my city for trading software. I can guess right away reasons why your friend cannot get funding, and it has nothing to do with the product or the market, but rather his pitch argument: Firstly, the above description does not give me any background...
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    Secrets of a former high speed trader

    I don't think Citadel pulled their trades as he alleges, not sure how he really knows if he was in his position in the back office.
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    Trading Internship

    I'm not a lawyer; this doesn't constitute legal advice, but I'd be careful about fraudulent representation. Of course, it's down to the due diligence of the person contacting the anonymous email - an unpaid internship is very unusual in this particular case, even an externship wouldn't have such...
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    When People Ask "What do you do for a living" What say you?

    I'm glad someone actually read my post. 1. Helping the people whom you least expect to help you in return is also a lesson learned from raising outside capital. 2. Almost everyone from a physics background just genuinely loves to have even 1 person who is interested in hearing what he/she...
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    When People Ask "What do you do for a living" What say you?

    Why blow them off? I've had many positive experiences talking to people outside of this field about what I do. There was one year when I stayed at a hotel for 300+ days. They had complimentary car service and the chauffeurs who drove me to the subway each day eventually recognized me and we'd...
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    Investor or partnership for Fingerprint Touch logon?

    0. The most important point about your pitch is that you've got to let me know what I can get from you - not even the revenue but what kind of security are you offering in return for financing? Have you thought of the legal costs of the offering documents? At $68,000 without expenses factored in...
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    Low-latency data feed and execution APIs

    Thanks for the color on QH and ULLINK. My experience is that it isn't difficult from a software development perspective to write feed handlers for (or an API for the protocols used at) every additional venue. But: - The variable costs increase nonlinearly with each and this factored in...
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    Low-latency data feed and execution APIs

    I'm not dense-headed. If a proposition works well, I can say "OK great I'll call them up" and chip in a few lines if I have additional information for the mutual benefit of the person who made the proposition. If it doesn't work well, I'm not going to spend 100 lines elaborating why it doesn't...
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    Low-latency data feed and execution APIs

    Now that really narrows down on my choices. As mentioned, we don't need a backtesting and development environment. MATLAB/Python support is not really a plus but that rant I'll reserve for another thread. I'll try ORC/RTS + Activ, will see what I'm offered when I call them up.
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    Low-latency data feed and execution APIs

    Right, I'm probably considering ORC for now. Not really keen on B-PIPE for a feed but I'll see how things go as I make a few phone calls tomorrow.
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    Low-latency data feed and execution APIs

    I'm sorry if you felt offended somehow as that was not my intent. My role is only to approve the budget and I'd of course like a clearer understanding of things rather than writing a blank check for the responsible parties in my group.
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    After HFT, Quantum Computing Based Trading

    Quantum computing is still at an experimental stage and the useful algorithms are still limited to academic interest. An obvious problem with the BEC approach is that you have to cool the gas close to 0 K, which requires a huge volume of hardware.
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    Low-latency data feed and execution APIs

    Guys, thanks for the contributions. Please don't overfocus on the latency. Perhaps I should've phrased this as a constrained optimization problem: help me think of the set of products that, given the fixed constraint in budget, will allow me to minimize the sum of normalized round trip times...
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