4 ms·
What sort of benefits has it brought to software and hardware? edit: honest question :)
by habnds 7y ago
What sort of benefits has it brought to software and hardware?
edit: honest question :)
- TomMarius 7y agoI don't know, I didn't use past tense. I imagine that investment into technology is going to bring more benefit than pointless consumption. Also - what about effective markets, that's not a benefit?
- habnds 7y agoright, you used present tense. You meant hft "could possible have" more benefit? HFT is much more the product of the current regulatory structure than a feature of efficient markets. Instead of reading Flash Boys, which is good but not really very academic, I'd recommend "The problem of HFT" by Haim Bodek. It explains how he set out to build a sohpisticated trading shop with modern technology and realized all of his competitiors were just gaming the market structure and being handed advantages by exchanges desparate for trading volume.
- TomMarius 7y agoHFT, being technology, has more benefit than pointless consumption, by definition - at the very least someone is creating something new and that is good for the economy. What are the actual benefits of this project in the market is unknown, especially because it does not exist yet.
- kortilla 7y agoFaster networks. Arista exists because hft was a big target market and now everyone using networks with Arista switches in them has benefited.
- smolder 7y agoFaster networks would come for other more useful endeavors too, like high quality video conferencing/telepresence stuff. People say how important it is to be working in the same place because conferencing is "just not the same", not realizing it's mostly a technical problem, shitty ISPs, slow routes with high jitter or loss, and insufficient mics, speakers, and software.
- kortilla 7y agoBut nobody is willing to put up the money to fund the research required to improve those speeds like HFT customers. A million dollars per switch is not a problem for them.
- gpderetta 7y agoSolarFlare as well. HFT shops have been early adopter of kernel bypass setups which now is becoming more common place. On a related note, the architecture of something like ScyllaDB is very similar to some of the HFT systems I have seen.