Everyone complains, but nothing is done to limit this trading. All they have to do is force a delay between trades to allow for the overall market to function.
It is scary that an artificial intelligence can understand that a crisis is an opportunity for financial gain. Who's to say that the program won't eventually talk to other AIs and cause an artificial crisis? It's only following the program.
BR was using neuromorphic computing and AI since 1980's.. "Alladin Algo" Even with this revelation everyone is still lagging far behind the "Lords Of Creation" great book though btw! cheers
If there was a Halo tournament for a run and a gun a type of a video game tournament and you were caught using a bot you would be banned. This should be the exact same for financial high frequency trading.. You're not good enough to do it on your own you have to use bots? It's not just losing a first person shooter tournament. It is dashing people's pensions savings and retirement.. Explain that to me
Why the hell would someone invest in transmitting data over the air vs fiber optics??? I am confused there...fiber optics transmit at the speed of light I dont think you can get much faster...be better off getting a fiber line in from an ISP....lol
There's a few reasons. 1. There's limited real estate and they are all paying insane money to get as close as physically possible. 2. Using airwaves instead of cables prevents other market makers from rerouting their trades out of spite. There was a market maker who was having his orders routed to exchanges farther away which caused his trades to be fractions of a second later than others. After discovering this, he set up "trap doors" for high frequency trades that would reroute them through a circuitous loop of wires to make them angry and keep them from filling their orders if they were obviously high frequency traders. There's multiple reasons tbh and it's kind of crazy. Some of it just down to physics and some is because of cost and trying to get priority while screwing over competitors if possible.
Actually in a fibreoptic cable light travels in a mode called total internal reflection meaning that light bounces off the interal walls of the cable as it propagates forward. Therefore in a fibreoptic cable light has further to travel than compared with a perfectly straight line in air. Also the speed of light in glass (which is what fibreglass is) is a bit slower than in a vacuum or air. So overall there really is a perceptible speed advantage in HF trading for light travelling in air rather than in a fibreoptic cable.
When greed gets a scientific edge.
Everyone complains, but nothing is done to limit this trading. All they have to do is force a delay between trades to allow for the overall market to function.
The market is “self regulating”
😂
That would make it more fair so it won't happen
It is scary that an artificial intelligence can understand that a crisis is an opportunity for financial gain. Who's to say that the program won't eventually talk to other AIs and cause an artificial crisis? It's only following the program.
Two thousand billion dollars.
Where is sub title for the foreign language??
The market is so full of crooks that the whistle-blower didn't realize he was one himself.
BR was using neuromorphic computing and AI since 1980's.. "Alladin Algo" Even with this revelation everyone is still lagging far behind the "Lords Of Creation" great book though btw! cheers
If there was a Halo tournament for a run and a gun a type of a video game tournament and you were caught using a bot you would be banned.
This should be the exact same for financial high frequency trading..
You're not good enough to do it on your own you have to use bots?
It's not just losing a first person shooter tournament. It is dashing people's pensions savings and retirement..
Explain that to me
I think it's cause "They" are market makers not retail traders, that have this access to the stock exchange facility
i would be worried about all our 401K money - im sure we are screwed
Truth, that is why you must join the game since your 401k is being wagered daily in the markets.
We want turn based markets! Tickers should move with 30 second intervals!
There is no reason for anyone to become a part owner of a company for milliseconds. There should be a minimum hold time of at least a few hours.
5:55 Don't worry as long as Dollarama👍🏼 stock is above $20 per share nothing to worry about it... TSE: DOL 🌎💘💰
Why the hell would someone invest in transmitting data over the air vs fiber optics??? I am confused there...fiber optics transmit at the speed of light I dont think you can get much faster...be better off getting a fiber line in from an ISP....lol
There's a few reasons. 1. There's limited real estate and they are all paying insane money to get as close as physically possible. 2. Using airwaves instead of cables prevents other market makers from rerouting their trades out of spite. There was a market maker who was having his orders routed to exchanges farther away which caused his trades to be fractions of a second later than others. After discovering this, he set up "trap doors" for high frequency trades that would reroute them through a circuitous loop of wires to make them angry and keep them from filling their orders if they were obviously high frequency traders. There's multiple reasons tbh and it's kind of crazy. Some of it just down to physics and some is because of cost and trying to get priority while screwing over competitors if possible.
Actually in a fibreoptic cable light travels in a mode called total internal reflection meaning that light bounces off the interal walls of the cable as it propagates forward. Therefore in a fibreoptic cable light has further to travel than compared with a perfectly straight line in air. Also the speed of light in glass (which is what fibreglass is) is a bit slower than in a vacuum or air. So overall there really is a perceptible speed advantage in HF trading for light travelling in air rather than in a fibreoptic cable.
with no attached risk.
1:09:00
is money the secret purpose of life? seems that we spend so much of everything on discovering how to make more money.
Why don't the "good guys" play the game?
looks like am first to comment
It all comes to survival in capitalism at the expense of the majority.
Its actually corporate socialism. Privatize the profits. Socialize the losses.
El Karoui reminds me of Al Kwarizmi
1:08:48 Maybe Just Maybe..... The victim (Retail) is innocent...Greedy but innocent and y'all Greedy too♾