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nihilum

HN member
Joined
Wed, Apr 18, 2012, 7:16 AM UTC
HN karma
15
Public activity
15 items

About nihilum

I work in high-frequency trading.

Recent public activity

  1. comment
    Comment #23003614

    It also has anti-inflammatory properties, particularly against IL-6 expression. IL-6 is notoriously elevated during the second week or so of COVID-19 symptoms. https://www.ncbi.nlm…

  2. comment
    Comment #23003009

    yet another very obvious incentive to promote it, ideologically-- a factionalized workforce is easier to divide and rule over.

  3. comment
    Comment #16038872

    Copying in a post from Reddit: https://www.reddit.com/r/Nootropics/comments/7n2qjz/adderall... He cited the infamous squirrel monkey study without noting that (a) there were no sig…

  4. comment
    Comment #16002031

    Anonymity also permitted the American Revolution, among other things. Meanwhile the most prominent example that comes to mind for attempts to end even the pretense of anonymity onl…

  5. comment
    Comment #16002020

    WTF with the casual racism, too, and the fact that no one in this thread mentioned that part?

  6. comment
    Comment #12185185

    So many white knights, and so much virtue-signalling. Men of the world, quit fighting for the other side; you have nothing to lose but your chains. Regardless, women won't become i…

  7. comment
  8. comment
    Comment #3857023

    > "I assume that most ATS's are located within a short distance of each other." ... if only. Reg NMS is a massive headache. This sort of price convergence would be better left to t…

  9. comment
    Comment #3857004

    The entire point is that there are intermediate holding periods. Think about intraday speculators and statistical arbitrage funds who trade on scales of minutes to hours. They brid…

  10. comment
    Comment #3857001

    >"A bid I can never hit because it will be gone any time I'd actually want to hit it..." Why should they let you hit them when they expect to lose? The HFT firms have some pretty d…

  11. comment
    Comment #3856986

    Mostly agree, except: > Actively traded funds are evil. Actively traded funds are not "evil." Actively traded funds are the only reason you can buy an index fund and actually expec…

  12. comment
    Comment #3856976

    > Apart from mini-crashes. The Flash Crash was caused by the NYSE's faulty time-stamping system. It essentially broadcast false information that caused traders to think there was a…

  13. comment
    Comment #3856964

    The cash comes from traders/investors who are impatient. If you want to trade immediately instead of waiting and hoping for someone else to hit your order, you have to pay the spre…

  14. comment
    Comment #3856907

    The SEC paper doesn't even use the word "liquidity" properly, and the authors appear to be biased. http://www.nanex.net/aqck/2977.html

  15. comment
    Comment #3856905

    HFT didn't cause the flash crash, but neither did that mutual fund manager. The primary cause was a delay in when incoming orders were time-stamped by the NYSE. Instead of stamping…