5 ms·
I would love to be a fly on the wall in those chat rooms it facilitates..
by bilekas 7y ago
I would love to be a fly on the wall in those chat rooms it facilitates..
- akhilcacharya 7y agoThe chat rooms have really interesting features, like pinning and rich-embedding equity information that updates in real time. Also, you can "ring" the room with a bell, which was immensely entertaining as an intern.
- exikyut 7y agoNow I'm remembering the MSN 'nudge' feature...
- bluejay2 7y agoRinging the bell is grounds for expulsion from many chat rooms, at least the semi-anonymous chat rooms provided by Bloomberg and other sell sides shops. Apparently it is very annoying to certain people.
- akhilcacharya 7y agoNot surprised. A few interns were able to crash IB one year by spamming a chat with timed bells.
- ianai 7y agoWhat are the valid uses for the ring?
- bluejay2 7y agoGood question. I think of it as being equivalent to marking an email “high priority”. In my experience brokers would sometimes use it to call attention to a time-sensitive issue, eg confirming details for a trade settling today. Always thought it was annoying and if they had something really urgent they should just pick up the phone, but that’s just me.
- Jorge1o1 7y agoIf you give a quote as a trader you typically give the other participant some time to answer you. If the price moves against you since you last quoted, you typically say something like "off" and ring the bell so that the other guy knows that price is not good anymore. Fairly relevant when you're talking to a salesguy who is not looking at the chat, cause he's talking with his trader
- twic 7y ago99% of it is: where do u see 5y5y size? 20k 2.4456/2.4511 tx
- jaflo 7y agoExplanation/translation for those of us that don't understand?
- goatinaboat 7y agoIt is exactly as exciting as anyone would find a ChatOps Slack channel. Maybe less so.
- rbavocadotree 7y agoA trader has an idea about what inflation will look like in 2025-2030 (The 5 Year period starting 5 years from now). Lots of other people have ideas about the same thing, so there is a product you can buy or sell to bet on it. She asks her broker what price they can buy or sell it. The broker asks how much she wants and gives a price. This conversation is so common that there is an agreed upon structure for it. Bloomberg parses all your conversations and provides you with an aggregated view of all quotes brokers have offered you. You can then chart/do whatever you want with this data.
- yjftsjthsd-h 7y ago> This conversation is so common that there is an agreed upon structure for it. Bloomberg parses all your conversations and provides you with an aggregated view of all quotes brokers have offered you. You can then chart/do whatever you want with this data. I appreciate when a human interaction becomes so formalized that it becomes a de-facto API that computers can use. It would be funny to imagine a future where that interaction is happening between 2 chatbots and report results back to their humans.
- rbavocadotree 7y agoThat's actually what is happening a lot of the time. The humans are just monitoring and stepping in when needed or when they get bored.
- bluejay2 7y agoEchoing another commenter, level of discourse is generally pretty low. In public chat rooms you’re more likely to get a wise crack rather than an actual response to any question. That said, you can still find some nuggets of wisdom.
- pjc50 7y agoRemember not to commit securities fraud in writing. A lot of people make that mistake.
- joker3 7y agoA useful more advanced tip: don't put in writing that you're taking the conversation offline to avoid putting securities fraud in writing.