thibautx

5 ms·

1.
by thibautx 8y ago
There's typically multiple layers (at different points between tick to an order hitting an exchange) of risk-management/circuit-breakers that prevent these types of things from happening at most shops that know what they're d
2.
by thibautx 9y ago
This is awesome! Please keep us posted on where we can donate in the near future.
3.
by thibautx 9y ago
Actually you can trade GOOG and TSLA on both NYSE and NASDAQ. RegNMS is what prevents inter-exchange arbitrage.
4.
by thibautx 9y ago
To my knowledge exchanges including Gdax offer margin trading and ability to short.
5.
by thibautx 9y ago
It should in theory track extremely closely -- any mispricing between the future/spot will be arbed out by HFTs almost instantly.
6.
by thibautx 9y ago
Price discovery means that anyone can find a fair price for some asset. For example, algorithms that provide liquidity in agriculture products ensure that farmers can easily liquidate their inventory, as well as hedging their risk through d
7.
by thibautx 10y ago
Would an employee not have the same flexibility to stay in the Bay Area and work remotely from there to preserve their "options in the future"?
8.
by thibautx 10y ago
Trading firms compete (and are paid to) to make the markets on these products. Any arbitrage opportunity is quickly eaten up.
9.
by thibautx 11y ago
Interned here last summer and would definitely recommend working here. Great culture and brilliant engineers.
10.
by thibautx 11y ago
To think of finance (or more specifically, trading/investing) as well as financial products/derivatives as a zero-sum game is pretty naive. A simple example to illustrate my point: Let's say we have a corn farmer whose crops
11.
by thibautx 11y ago
Every day man. I tend to try to work more because I feel weird about being compensated for the work that I do. I guess just keep working hard and challenging yourself every day, and do as much as possible.
12.
by thibautx 11y ago
I'm an intern right now and these are some things I'm trying to do: 1) Work - we're young right now and don't have too many commitments so why not put in some extra time to excel at your main project and even take up som
13.
by thibautx 11y ago
> If every exchange had a minimum of, say, a minute after an order is submitted until it is executed (during which time it couldn't be amended or cancelled of course) it seems you would greatly reduce the risk of "flash crashe
14.
by thibautx 11y ago
The culture doesn't provide an association between cheating and punishment but only academic success and reward. Anecdotally speaking, a lot of international Chinese students cheat blatantly - i.e. comparing answers with the person bes
15.
by thibautx 11y ago
I would say that even options/futures/and other products markets are just as hard to market make compared to the equities markets. In my opinion, you need some sort of edge not through hardware but through your model or your marke
16.
by thibautx 11y ago
Latency arbitrage is pretty much impossible as a newcomer and many firms are getting squeezed out of that particular opportunity. Think Jump, KCG, and Citadel...Jump/KCG both share satellites across the US...read more about the radio d
17.
by thibautx 11y ago
FPGAs run the execution of strategy, everything else is done by high level software/systems. FPGAs are connected directly to the exchange and also help receive a feed of market data (in addition to other market data feeds).
18.
by thibautx 12y ago
I enjoyed this book as well, and it was the text for my computer-architecture class. The authors do a great job explaining the underlying mechanisms of computing hardware clearly and concisely.
19.
by thibautx 12y ago
Since many auto manufacturing companies doing R&D and Tesla, having already created technologies good enough to bring to market, there will definitely be incentive for taking action. Tesla has already created technologies to run cars th
20.
by thibautx 12y ago
What do you mean by decentralized? Something more along the lines of Lyft?
21.
by thibautx 12y ago
Extremely excited about this language's versatility. Also great to see the work of my school's Alumni and professors going into production. This is the third time I've come across the LLVM compiler in industry use (albeit not