Viewing profile — elecengin

Except its more like you can choose if you wanted a fraction of a percent added to the price or if you wanted to pay a $5 delivery fee. The answer varies for small and large orders…

Then probably something like IB is your best bet. Do you have margin requirements? Apologies if you already considered this, but make sure you consider execution costs. Depending o…

Matt Levine has a great (humorous) overview of the First Bitcoin Corp shenanigans (scroll to the second section): https://www.bloomberg.com/view/articles/2017-08-25/insider-t...

Many coffee shops in downtown NYC have the code/key situation. There are similar regulations in NYC (and I think most of the US, although it is at a local level) that mandate custo…

I think that is actually the point of the article. Detroit managed to open up their market to a wider set of sellers through a combination of regulation (the Cottage Food Law cutti…

How do you do pseudo classes like :focus?

The CAT on HN! I went to one of the early meetings for this project (years ago now!) It was a question and answer session for potential bidders. My favorite question: "How long is …

I dont think so... Maybe you were funneled into the free trial? I also use it with my students and it is free...

I would say the catch is that all of the messaging queues are unbounded.

An interesting tidbit embedded in the news is that $22mm in loans was sold to a single investor - the model they talk about on the website is peer to peer, but this appears more pe…

Interesting - I was suspicious that this "Quick Chip" process they refer is less secure, but apparently it is just a matter of poor implementations requiring the card for the entir…

I've been to NY4! It really is less magical then these articles make it seem. Yes - the security is a bit imposing. For anyone familiar with datacenters, though, it is pretty run o…

A bit disingenuous - the handful against include major exchanges like NYSE and BATS as well as major trading firms like Citadel. You could argue that these are direct competitors o…

The trading tax has been hanging over the heads of traders for a long time now. I almost wish they would just create a proper experiment to test it and then repeal it after it inev…

The end of this article hints at the real macro trend here: the NYSE floor is a glorified TV stage. Compare NYSE to NASDAQ. First - a quick explanation of what these market makers …

I would suggest reading both at the same time. The rebuttal is organized to follow along with the format of the book just for this purpose.

This isn't bad: http://www.wsj.com/articles/what-the-big-short-movie-gets-ri... While Big Short doesn't seem as factually challenged as Flash Boys, it is over-simplified. Either Mi…

I have found the exact opposite with Flash Boys (and, to a certain extent, with Big Short - although that is less my area of expertise) If you have read Flash Boys and you are inte…

I think it's important to recognize that all this happened on the fringes of JPM - this appears to be some private wealth branch office. Small brokerage outposts like this are gene…

"We don't own your data - Your emails never leave your phone."

This fits with the general trend in trading in fixed income markets versus equities markets. Due to to the lower amount of liquidity (inventory available for someone who wants to b…

https://www.nyse.com/publicdocs/nyse/markets/liquidity-progr... http://cdn.batstrading.com/resources/release_notes/2012/BATS...

Agreed. Matt Levine is one of the few commentators that fully understands market microstructure. The Bloomberg View linked in a different comment (by John Arnold) is horrible with …