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Do you have any specific issues in mind when you say that? A lot of the rules that markets operate by come from standards and regulations, not software design.
by conistonwater 12y ago
Do you have any specific issues in mind when you say that?
A lot of the rules that markets operate by come from standards and regulations, not software design. The software design reflects the kind of markets exchanges want to set up, so it's not a software problem. The people who wrote the standards had specific markets and specific outcomes in mind when they wrote them.
- harmegido 12y agoI work in this industry. I've come to the conclusion that I will be leaving very soon. There are a number of reasons, but the primary one is because it's become clear to me that I spend the vast majority of my time on trying to figure out how to take advantage of flaws in exchange hardware/software. Sorry, I can't go into specifics. That being said, I don't know if it is possible to create an ungame-able matching engine.