Viewing profile — thibautx

There's typically multiple layers (at different points between tick to an order hitting an exchange) of risk-management/circuit-breakers that prevent these types of things from hap…

This is awesome! Please keep us posted on where we can donate in the near future.

Actually you can trade GOOG and TSLA on both NYSE and NASDAQ. RegNMS is what prevents inter-exchange arbitrage.

To my knowledge exchanges including Gdax offer margin trading and ability to short.

It should in theory track extremely closely -- any mispricing between the future/spot will be arbed out by HFTs almost instantly.

Price discovery means that anyone can find a fair price for some asset. For example, algorithms that provide liquidity in agriculture products ensure that farmers can easily liquid…

Would an employee not have the same flexibility to stay in the Bay Area and work remotely from there to preserve their "options in the future"?

Trading firms compete (and are paid to) to make the markets on these products. Any arbitrage opportunity is quickly eaten up.

Interned here last summer and would definitely recommend working here. Great culture and brilliant engineers.

To think of finance (or more specifically, trading/investing) as well as financial products/derivatives as a zero-sum game is pretty naive. A simple example to illustrate my point:…

Every day man. I tend to try to work more because I feel weird about being compensated for the work that I do. I guess just keep working hard and challenging yourself every day, an…

I'm an intern right now and these are some things I'm trying to do: 1) Work - we're young right now and don't have too many commitments so why not put in some extra time to excel a…

> If every exchange had a minimum of, say, a minute after an order is submitted until it is executed (during which time it couldn't be amended or cancelled of course) it seems you …

The culture doesn't provide an association between cheating and punishment but only academic success and reward. Anecdotally speaking, a lot of international Chinese students cheat…

I would say that even options/futures/and other products markets are just as hard to market make compared to the equities markets. In my opinion, you need some sort of edge not thr…

Latency arbitrage is pretty much impossible as a newcomer and many firms are getting squeezed out of that particular opportunity. Think Jump, KCG, and Citadel...Jump/KCG both share…

FPGAs run the execution of strategy, everything else is done by high level software/systems. FPGAs are connected directly to the exchange and also help receive a feed of market dat…

I enjoyed this book as well, and it was the text for my computer-architecture class. The authors do a great job explaining the underlying mechanisms of computing hardware clearly a…

Since many auto manufacturing companies doing R&D and Tesla, having already created technologies good enough to bring to market, there will definitely be incentive for taking actio…

What do you mean by decentralized? Something more along the lines of Lyft?

Extremely excited about this language's versatility. Also great to see the work of my school's Alumni and professors going into production. This is the third time I've come across …