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Fun implication being there exists a trading strategy that consistently make $1M a day for 40+ years (I guess what isn't mentioned is how much capital was backi
by ambicapter 7y ago
Fun implication being there exists a trading strategy that consistently make $1M a day for 40+ years (I guess what isn't mentioned is how much capital was backing up that strategy)?
- matthewwiese 7y agoOn a VAX no less! Can't imagine there's an HFT arbitrage opportunity for such "slow" tech.
- TheOtherHobbes 7y agoWhat are the odds the strategy only works because it runs on a VAX?
- rbanffy 7y agoClose to zero.
- lallysingh 7y agoOr the code is such a mess that nobody understands it will enough to port or replicate?
- rbanffy 7y agoOne interesting case is the Pinball game that came with Windows. IIRC, it relied on 32-bit x86 features that failed on 64-bit machines.
- treespace8 7y agoIt could be commissioned based. X cents per share processed. Lots of custom algos that are trusted by traders.
- jedberg 7y agoI don’t remember numbers but it wasn’t a crazy high return. Just a lot of capital being moved.