151–160 of 561 posts
Add a 1 minute delay on every order and most automated trading would be gone.
And shouldn't we celebrate the march of technology? In the grand scheme of things, trading is relatively boring. Let the computer do it.
"We shape our buildings; thereafter they shape us." -- Winston Churchill
Though I barely understand such things, I'm very excited by your LTSE and Katsuyama's Investors Exchange (IEX).
Listening to your interviews about LTSE, my takeaway is that your goal is to allow companies to be judged on their own merits, instead of someone else's.
So one side effect may be to help migrate private equity funded companies back into the light. Terrific, right?
I hope others see that our markets are designed. They are human artifacts. They are not natural laws to be accepted as-is. That we can shape and nurture markets as we see fit. That the rules matter.
You and Katsuyama identified opportunities for improvement and engineered solutions. You're meta-geeks. Like programmers who make programming languages, so that others might benefit.
Happy hunting.
Earlier quoted context omitted.
"go off the reservation" .. I suspect that my father many decades ago engaged in casual references like this, but I recall as a child that it was frowned upon by people who sought to reset and build positive relations between races in North America
I did not see any racial connotations when I read this, let alone any negative ones.
The phrase has the trappings of genocide baked in, and people who have learned of the history of their ancestors are going to be reminded of that whenever they hear it. Even if you are not thinking of any of that, the term is primarily used to indicate someone doing something odd/crazy/wrong, which is fundamentally implying that any indigenous person who has done so is odd/crazy/wrong.
I think most people understand that its use in everyday vernacular is not usually intended to be racially charged, but that doesn't mean that people shouldn't be educated on the phrase and try to avoid using it. There are lots of ways to express ideas, and it's probably fine if we don't use the ones that are fundamentally tied to racist connotations, especially when indigenous people in many countries (US, Canada, Australia, among others) still suffer from systemic policies and actions that leave them disadvantaged to this day. (Casinos on reservations are a band-aid and do not solve the fundamental problems, for example. In America only 200ish of nearly 600 tribes run casinos on their land, and of those 200ish, less than half pay out per capita, and only a handful make significant money from their casinos - the payout is less than 10k/yr per person for the vast majority - less than the federal minimum wage assuming a 40 hour workweek)
Cliff notes: Just because you don't see one doesn't mean it isn't there and that the people that have lived their lives impacted by it will not see one and be reminded of the genocide their ancestors faced and the results of ongoing systemic racism today. It's a bad phrase. We should try not to use it.
Earlier quoted context omitted.
Not the parent, but it's obvious what the origin of the phrase is, and while it may not be as icky as something like "open the kimono", it's definitely one that is trivially replaced with no loss in meaning, and therefore almost certainly should be: "The issue with 'off the reservation' and similar phrases is that these things are said without any thought. They become a part of the common vernacular. Freely they move…
>"The issue with 'off the reservation' and similar phrases is that these things are said without any thought If they are said without any thought or connotation then is there really any slight against whatever group is the origin of the phrase? He could have just has easily said "off in left field" which is arguably a slight against leftists and commies but has so long been a colloquialism that it has lost that conno…
Off in left field is a baseball analogy and has nothing to do with people left of center politically.
Earlier quoted context omitted.
Not the parent, but it's obvious what the origin of the phrase is, and while it may not be as icky as something like "open the kimono", it's definitely one that is trivially replaced with no loss in meaning, and therefore almost certainly should be: "The issue with 'off the reservation' and similar phrases is that these things are said without any thought. They become a part of the common vernacular. Freely they move…
We can also listen to the phrase without imputing immoral motives to the speaker.
But we should educate them on why the phrase is one that should be avoided.
Can/will LTSE restrict options trading?
Sorry, if that sounded harsh. I am not familiar with the business nuances around exchanges and so the question.
What support will there be for high frequency trading? What is required for Direct Market Access? Will the realtime data feed be public? What is the fee schedule?
- What is required for Direct Market Access? A relationship with a member of LTSE who offers DMA.
- Will the realtime data feed be public? Yes, LTSE's market data can be accessed via the SIP's (Securities Information Processor) under the "L" quote.
- What is the fee schedule? Free/Free (Add/Remove)