ravibala1

6 ms·

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by ravibala1 5y ago
I worked at UBS on the G10 FX options desks in Stamford and Singapore. Remember being very surprised by how my interview and training were incredibly stressful. It was very intentional as well, where my trainer knew the exact reactions he w
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by ravibala1 5y ago
Thank you so much for this context! When I started at Lehman in 2007 and for years through the i-banks & hedge-funds, 'Sec-db' was the North Star for so much me and my friends built. It's amazing to hear from the folk who
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by ravibala1 8y ago
Almost single major oil company & refinery has a team of traders that directly participate (or use the investment banks / futures brokers) in the crude oil and refined product futures / options markets. This is both for hedgin
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by ravibala1 9y ago
As others have mentioned, there isn't really much of a difference (apart from fees) when you're thinking about it as a vehicle for long-term holdings. Most of the time, 401k plans will not let you hold ETFs - they only let you hol
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by ravibala1 9y ago
Not sure I understand why we can assume that its all trades are entirely "independent" here. Agree with you that HFT performance is not correlated with market direction. But given the volume of trades it would imply that many of t
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by ravibala1 9y ago
Apart from the volume characteristic this doesn't seem to hold. Vanguard creates ETFs on diversified baskets of stocks picked(rules based) by other people eg: S&P, Nasdaq etc. YC actually has to review each and every application an
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by ravibala1 10y ago
So we raised on a convertible note with a cap and a discount. We're from the east coast and our accessible angel pool balked at SAFEs. An argument for a different thread :-). I'd defer to Paul's point that choosing a too high
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by ravibala1 10y ago
Agreed. We walked all our angels through a 3 scenario (low, goal, home-run) Series A pre-money valuation analysis using a calculator. Bit overwhelming for some but everyone appreciated the effort. The biggest benefits of the note structure
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by ravibala1 10y ago
Seems like most of the comments hate on REST because it's been poorly implemented by an API developer. Why is the solution yet another API protocol (JSONpure) and not stricter enforcement? (Idealistic i know...) The point about SOAP no
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by ravibala1 10y ago
You guys seem to make setting up Deep Learning infrastructure easy for data scientists which is awesome! What about situations where the end user/business isn't sure exactly how to use Deep Learning (which algorithm, how to partit