deltateam
Joined 8 years ago
Joined 8 years ago
-you pay less for an order -it takes less time for your order to get filled -more efficient pricing -liquidity ripples out into risk management products derived from thick order books -easier to manage risk -lower cost of transaction
"badput"
-hard to compete against the liquidity providers -they have unparalleled view of order flow, which runs counter to a market with fair equal access to information
aggregating user data and selling it.
people with dis-equal access to service and collecting everyone else's orders midstream and selling it:
the machine two racks away from the matching engine is selling information to the machine one rack away from the matching engine
and this goes all the way out to your broker, your etrade or robinhood who is selling all of your profile and trade data to the machine two racks away from the matching engine
it adds a lot of value for a lot of people. the actual femtosecond trade isn't what anybody cares about.
regarding the equality, it wasn't that long ago where you had dis-equal access if you couldn't physically be at the stock exchange, in fact thats where you were supposed to be if you wanted to trade. so I can't buy that argument, in isolation.
I do think it is a form of front-running, which is regulated in some capacity but very specifically worded such that your broker can't place a trade before you just because they found out you wanted to. what we have here is front-running but from different unrelated companies in the chain and all automated by machine.
everyone else would think of that too
this is distinct from a decade+ long private equity drama, only to find out that you, all employees and even the founders get nothing from the exit event. This is where getting to the exit is wrought with landmines, just to find out your particular exit is horrible but a fairly standard affair.
now that there is competition lets talk about what we can do to make both markets better
There may be institutions near you that offer similar financing. With the right interest rate this would be cheaper than taking the bus.
I'm glad you had fun, I don't think these are relevant here
Right, which is hilarious.
> As always with great (/s) solutions proposed on HN
Using an opportunity to patronize without understanding my perspective at all. Interesting... (cont.)
> it's neither simple, nor are there any great incentives for providers or is there consumer demand.
Despite not knowing or caring that I would agree with this.
Anyway! The landscape of cloud service providers always has providers that don't care about outsized consumer demand. Therefore this seems to be more of an educational issue as well as an assertiveness issue distinct from one related to the practicality of running a cloud service.
Community Colleges are institutions that can also focus on the subset of trades actually relevant the current private sector.
There was one Indian movie from 2004 that was controversial because it featured a lesbian couple. The movie had the typical bollywood love triangle, except the guy was ANGRY that the beautiful woman wanted to see another beautiful woman, along with seeing him. He expressed his anger and was trying to break up this "unholy arrangement" and correct the one woman into loving a man, and exclusively.
I'm more used to men expending all of their energy trying to get into situations with two beautiful women, and then accepting the improbability of two equally attractive and bi-sexual women existing.
So this movie was pure comedy to me, as well as the Indian state's extreme response. Just india things.
It is hard to understand the ideological assumptions of that pervasively conservative but kinda-wannabe-westernized society.
I'm still a little distressed at how few web-anything providers accept Monero.
Privacy focused email services and cloud service providers should be using it
but what we really have is protonmail only accepting credit cards and nobody seems to see the irony in that.
occassionally in the past I have found email and cloud service providers accepting Bitcoin, and I shapeshifted Monero over TOR to pay for the invoice. Nobody knows who I am and they received the bitcoin they were looking for.
But that was YEARS ago, 2015? 2016? Seems the possibilities have gotten worse for now