HolyLampshade

4 ms·

1.
by HolyLampshade 10d ago
I’ve only worked in a single company where it really worked out, and it took a massive amount of work to massage egos on both sides of the “fix” (one side sees their hammer tool and wants to fix everything with it, and the other has the mot
2.
by HolyLampshade 18d ago
This isn’t just AI…it’s ‘enterprise-AI’. It’s AI, but with more bureaucracy and politics.
3.
by HolyLampshade 18d ago
But I think you can do psychotic shit like applying punishing sanctions to anywhere that permits an ungoverned connection. Or apply physical force (military). I’m not saying we’re even remotely close to this, I’m just saying State-level coe
4.
by HolyLampshade 18d ago
> It's not the end of the world. But future will be rough. Short term you’re probably right, but longer term is the realm where nation states will start to police the avenues of attack. This is what will lead to govt needing to atta
5.
by HolyLampshade 22d ago
I’d argue even new freeways are challenging, at least in my area. They’ve been trying to close a loop around this city for 30+yr now, with a 3mi gap remaining. The last 3mi extension toward closing the gap took nearly 15 years to get throug
6.
by HolyLampshade 22d ago
I’ll believe it. If someone were to try to achieve the same in my area (not even high speed rail), between two metropolitan areas, they’d have to contend with thousands of private land owners. I lived in the UK for a few years, so I can app
7.
by HolyLampshade 23d ago
Man, I’d love more trains but we can’t act like the infrastructure necessary to support them, if not present, is very challenging to develop. Even ignoring land acquisition (which is a big thing to ignore in populated areas where a train wo
8.
by HolyLampshade 25d ago
One of the things I always told kids who came into these big trading firms is the owner(s) is/are a billionaire, and likely came up from one of the trading floors or something adjacent. They are not the “forgiving” types when it comes
9.
by HolyLampshade 29d ago
Shit, MIAX is just the old BATS/Cboe technology with some local flair. There are multiple derivatives of the old Island/INET tech stack, mainly in ATSs, but the iteration Nasdaq is operating on only diverges where extreme message
10.
by HolyLampshade 29d ago
Well, listings had domestic regulator control for the most part but I think you hit it on the head. Brokers in Amsterdam, London, Frankfurt, or Milan needed to access 15-20 countries worth of exchanges, and the curse in the EU is the multi-
11.
by HolyLampshade 1mo ago
I tried for a while to push internally and amongst a few of the markets to move to ISIN, Currency, MIC but yeah…anything but that. Honestly the problem is the ticker is too valuable advertising for the listed company, and since listings are
12.
by HolyLampshade 1mo ago
Don’t disagree there, though this has been status quo for nearly two decades now. By that measure regional exchanges were their own beasts for a long time. The environment has definitely streamlined a ton since RegNMS was implemented and th
13.
by HolyLampshade 1mo ago
Yeah, they tried to carry the suffix symbology into the ticker itself, but that fortunately died not because of some great sanctity of the symbols but because someone thought it would confuse too much with how ACT and the CTCI protocol hand
14.
by HolyLampshade 1mo ago
Amusingly there is plenty of precedent (link below under Nasdaq Integrated Platform Suffix and the older ACT/CTCI suffixes) for using all of the wonderful character symbols to indicate different classes of securities. Not as common, ag
15.
by HolyLampshade 1mo ago
Little bit of a “the more you know” moment. Historically NYSE (and AMEX; thought of in this specific context as CTA) had a lock on 1-3 character symbols. NASDAQ (via UTP) had a lock on 4-6 character symbols. For a long time you could tell w
16.
by HolyLampshade 1mo ago
I think the sad thing is they don’t even have to hide it. Absolutely no one will be held directly accountable for these decisions, either because they’ll be retired, or the “responsibility” can be whitewashed through organizational decision
17.
by HolyLampshade 1mo ago
Of course! I have the curse of working/having worked in the financial sector, so all of the “Linkedin People” I know moved from crypto horseshit to AI horseshit. Before that it’s just as you said, cloud horseshit. Can’t wait to see wha
18.
by HolyLampshade 1mo ago
Mortgaging the future to pay for the present. All of these executives are operating under the pretense that they won’t be held accountable when in 10-15yr their middle bench is a disaster, and they’re probably right.
19.
by HolyLampshade 1mo ago
Same boat here. Go as simple as possible (syslog) as the base, and you can bolt on whatever the hell other tools you’d like to perform advanced functionality if you really want it.
20.
by HolyLampshade 1mo ago
There certainly was a lot of navel-gazing and patting of backs with the dissolution of the USSR… Truth is while the govt model and Union failed, the people who made it up didn’t vanish into thin air. You can draw a pretty straight line from
21.
by HolyLampshade 1mo ago
To put it simply, no. I mean, as a general statement and not a universal. There were arguments about domestication of data and the risk of compute and data being in the control of Western (mainly US) powers, but that didnt surface in real q
22.
by HolyLampshade 2mo ago
That is only if there’s a direct correlation to price movements starting after he opens his yap on Truth Social (which, within this administration there is plenty of insider trading so the movement may pre-date the social media post). I sus
23.
by HolyLampshade 2mo ago
The trading firms don’t really get anything from bribing Trump. That’s not to say hedge funds don’t want to tickle the big guy’s ego, but they don’t need “faster data” in most cases. It’s less directly beneficial than most people think it w
24.
by HolyLampshade 2mo ago
If I had to venture a guess (and full disclosure I’m not currently working in the space, and am not privy to conversations about actually buying this product), the 100k/m for whatever the contract duration is relatively low stakes to s
25.
by HolyLampshade 2mo ago
I don’t say this lightly, and confess I haven’t dug in very deeply yet, but this is one of the most hot shit uses of ML I think I’ve stumbled across yet. If this does what I think it does (and I confess I’m a goddamn idiot still when it com
26.
by HolyLampshade 2mo ago
The entirety of modern financial markets is simply incremental distributed state machines.
27.
by HolyLampshade 2mo ago
I think that's precisely what the previous commenter is saying. Sit on the side lines, and let other people bloody themselves up. Similar in a way to dot com. It's not to say ML won't have practical application in the future,
28.
by HolyLampshade 3mo ago
One of those silly little issues with inbuilt software that drives me insane is the number of times I’ve had to log back into Apple Music or Spotify (or one of the video services to occupy the kiddo while parked for extended duration). That
29.
by HolyLampshade 3mo ago
I think what’s become more interesting/impactful for me is why they elect not to support it. Most firms moving away from it (or who never implemented it) seem determined to either sell additional subscription services to their user b
30.
by HolyLampshade 3mo ago
Amusingly for the security information processors in the US (which handle US Equity consolidated quote and trade data) the trade feed is still referred to as the tape (one of the two governing bodies is called the Consolidated Tape Associat

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