Viewing profile — kingcub

>They send in tens of thousands of requests a second, many of which they have no interest in ever being forfilled, in the hope of partly fooling other people, who are sending aroun…

You're right but the only way to make that important number better is with growth or cutting expenses.

Why is that lockup not 34 days for execs and 18 days for employees?

This to me is amazing in it's brevity: //Uses 4 threads (1 to 4).par.foreach(x => /*some long computation*/ } I'd love to see how other languages can do it more tersely with their …

Some but it's a pretty small minority if HFT algos.

I think you are ignoring a very obvious fact, those 1% that are no longer 'complaining' are really doing so in an automated fashion with their blacklists. Further I think the compl…

While I really hope these develop into good resources, The first one isn't out. The second one is not remotely usable by itself at the moment. Most of the chapters are empty. There…

We used lift, we're in the process of ripping it out and replacing it with something else, anything else really. When I last checked a few month's ago, Lift's documentation is terr…

Currently just the CME, all of it was written in house, with the exception of Quickfix for Java for sending orders and OpenFast for CME marketdata. We'd like to replace Quickfix in…

It's really hard to say without knowing the position. I've seen it go both ways. Some places it's the entry level get in the door while we evaluate you position and if you're good …

It's a hybrid of programmer, trader, and quant. The article doesn't mention this, but they know how to program and how to trade. They come up with, code, and write the algorithms. …

It's a lot easier for a good programmer to learn how to trade than for a good trader to learn how to be a programmer. Though most programmers make terrible traders and most traders…

FWIW I am an HF Programmer Trader, (Jeff Gomberg's Business Partner / Fellow Programmer actually) In certain cases being dumb and fast will get you very far. For example, with an a…

We tried to get a percentage, figuring that our value added on top of all the infrastructure they had was worth atleast that much. Long story short, the prop firms weren't interest…

Patrick, I have read a lot of your articles on A/B testing and what you do to optimize your order flow etc we do very similar things in trading. I think if you saw how we looked ov…

Personally, I started in 03 programming C++ for an, at the time, small Chicago Prop trading firm. Prop firms tend to be in smaller than larger banks / hedge funds and that is the r…

I'm Jeff's business partner / fellow programmer. We do both algorithms and infrastructure. The markets continuously adapt. It's a constant balance between writing the code you need…

The compatibility issue have to do with how Scala's traits have to be implemented on the jvm. If it was possible for an interface to have method bodies or abstract classes be multi…

Coincidentally, Michael Shermer's Ted talk on a somewhat related topic (He calls it Patternicity) was posted today: http://www.ted.com/talks/michael_shermer_the_pattern_behind_...

What would be a mess about it? Couldn't we be clever enough to figure out how to do this with what we have?