Recent submissions

Comment · 7 years ago
Except its more like you can choose if you wanted a fraction of a percent added to the price or if you wanted to pay a $5 delivery fee.

The answer varies for small and large orders (and even by share price) For most retail investors that use something like Robinhood, the average order size is small so a flat $5 fee would be way worse.

Comment · 8 years ago
Then probably something like IB is your best bet. Do you have margin requirements?

Apologies if you already considered this, but make sure you consider execution costs. Depending on your type of strategy and selection of stocks, it may be a major determinant of the success or failure of the strategy.

Comment · 9 years ago
Comment · 10 years ago
Many coffee shops in downtown NYC have the code/key situation.

There are similar regulations in NYC (and I think most of the US, although it is at a local level) that mandate customer bathrooms although they do not sound as strict. For example, small coffee shops (less than ~15 seats) frequently have no customer bathrooms.

Comment · 10 years ago
I think that is actually the point of the article. Detroit managed to open up their market to a wider set of sellers through a combination of regulation (the Cottage Food Law cutting down regulation for small processors of relatively safe foods) and incubators (Kitchen Connect offering a commissary focused on building new food businesses)

Cutting the start up costs increase the range of profitable business opportunities.

Comment · 10 years ago
How do you do pseudo classes like :focus?
Comment · 10 years ago
The CAT on HN! I went to one of the early meetings for this project (years ago now!) It was a question and answer session for potential bidders.

My favorite question: "How long is the contract for?" (the SEC reps look to each other, and then respond...)

"There is no term."

"And the bidder is committed to storing all generated data?"

"Yes."

Comment · 10 years ago
I dont think so... Maybe you were funneled into the free trial? I also use it with my students and it is free...
Comment · 10 years ago
I would say the catch is that all of the messaging queues are unbounded.
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Comment · 10 years ago
A bit disingenuous - the handful against include major exchanges like NYSE and BATS as well as major trading firms like Citadel.

You could argue that these are direct competitors of IEX and therefore have a vested interest in preventing the new exchange - or you could argue they are best suited to see the holes in the application.

Keep in mind that previous exchange applications have went through without this level of discussion. You could argue that this is because the other exchanges are "scared" of IEX. Or... consider the possibility that IEX's application has some faults. For example, much of the focus has been on IEX's smart order router not following the same rules as all the other exchange participants. The argument is too nuanced to summarize here... but you should never decide an argument based on number of responses!

Comment · 10 years ago

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