If the company that promised to sell a stock at a certain price (i.e. shorted it) goes bankrupt, who’s liable for the matched orders from the past? The market? The trading platform? If it’s the latter, how do they avoid going bankrupt themselves once shit hits the fan?
8
11
My intention is not to troll, and my view is probably closer to yours than Lukas’s. I’m just honestly wondering why a dependency on SQL and an RDBMS is always seen as particularly wrong when we’re so willing to accept a similar dependency in other places
1
2
Probably right. There’s absolutely no value for society in HFT, and it gets progressively more sane the longer the holding time
1
Admittedly, you could argue it would be even better to specify everything in a meta language, e.g. some kind of DSL, so that you’re not tied to Java
2
Also, you get your queries for free: blog.seekwell.io/gpt3 :)
1
3
Fair enough. I would agree that in general, a good RDB design in something akin to TNF is an excellent starting point and will outlive many other things
1
3
No idea whether it’s true, and I have no idea who the bad guys are here, but this thread is very entertaining if you enjoy high stakes financial heist plots
Step 0: Citadel pays Robinhood for order flow. Citadel gets to see RH's orders a few milliseconds before they're filled. Citadel may choose to front-run some of those trades.
Step 1: RH's customers and WallStreetBets start manipulating $GME. This is happening in the open.
3
7
10
New @case_podcast episode with yours truly talking to the wonderful @ChristinGorman – I enjoyed this very much: case-podcast.org/37-christin…
4
I don’t understand this criticism. It’s super risky and whoever does it should know what they’re getting into. It’s a gamble, and it can bankrupt an org. But who ever said it mirrors reality? Why should it be illegal?
1
5
Great article on how to combine #Hotwire with Spring Boot by @delitescere: delitescere.medium.com/hotwi…
2
8
1
25
“ In this case, however, Redditors noticed what was going on and have royally fucked short sellers.” vice.com/amp/en/article/pkdv…
1
2
1
13
Assuming they paid appropriate attention to privacy and security issues, explain to me how this is bad
1