[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

raging bulls

Subject: raging bulls
From: mloftis at wgops.com (Michael Loftis)
Date: Wed, 8 Aug 2012 08:56:23 -0600
In-reply-to: <[email protected]>
References: <[email protected]> <4E509E7E89E8441E9EDCC0439DDCFA09@owner59e1f1502> <[email protected]> <[email protected]> <[email protected]>

On Wed, Aug 8, 2012 at 8:08 AM, Brett Frankenberger <rbf+nanog at panix.com> wrote:

> Even if you execute the trades based on a GPS timestamp (I'm ignoring
> all the logistics of preventing cheating here), it doesn't matter,
> because the computer that got the information first will make the
> trading decision first.
>
>      -- Brett
>

Such a system would be pretty complicated because it would also have
to prevent intentional 'backdating' of trades as well.  Then you've
got the market data itself (as just mentioned) -- getting the
information first is a big part of the latency problem for the quants.

-- 

"Genius might be described as a supreme capacity for getting its possessors
into trouble of all kinds."
-- Samuel Butler

Follow-Ups:
- raging bulls
  - From: SNaslund at medline.com (Naslund, Steve)

References:
- raging bulls
  - From: eugen at leitl.org (Eugen Leitl)
- raging bulls
  - From: tvhawaii at shaka.com (Michael Painter)
- raging bulls
  - From: eugen at leitl.org (Eugen Leitl)
- raging bulls
  - From: SNaslund at medline.com (Naslund, Steve)
- raging bulls
  - From: rbf+nanog at panix.com (Brett Frankenberger)

Prev by Date: raging bulls
Next by Date: raging bulls
Previous by thread: raging bulls
Next by thread: raging bulls
Index(es):
- Date
- Thread