pantaloons
Joined 15 years ago
Joined 15 years ago
Here is the specific rule relating to adjusting the price of open orders: https://www.finra.org/rules-guidance/rulebooks/finra-rules/5...
Exchanges do not receive or handle GTC or GTD orders, see for example the NYSE pillar spec.[1]
Broker-dealers handle stock splits and the behavior varies according to your broker. Some brokers will request the broker-dealer cancel all orders back, but most brokers allow limit prices to be adjusted for orders "below the market" (buy limit orders and sell stop orders). The Fidelity FAQ is an illustrative one.[2]
I'm not sure what a "vendor" is here, but brokers send GTC orders to broker-dealers, who forward them to the exchange every day as a day order. This behavior is industry standard and certainly not bush league.
[1] https://www.nyse.com/publicdocs/NYSE_Pillar_Gateway_FIX_Prot...
Does this represent a shift in what you think is reasonable, or achievable, or just language tailored for the audience?
This is not the secret sauce, but probably an implementation of a set of standard well known pricing and risk models. That's still useful, and can be expensive to develop, so thanks Goldman.
This is the same company that regularly hosts hackathons and talks about wanting "to inspire young developers to dream up the next generation of amazing products and services, and provide them with the tools to make them a reality."[1]
How about if you want to do that, don't take your users data and hold it hostage to developers who want to provide them a free service?
[1] https://medium.com/foursquare-direct/foursquare-x-la-hacks-g...
One alternative to shutting off targeting altogether would be switching from a blacklist to a whitelist approach, where regulators provide the set of features or groups that are allowed to be targeted.
The author could probably have been a bit more specific and noted that his income was actually quite likely to go down for the next several years, but it wouldn't have made for such a compelling post.
If you’re asking why they didn’t think to design the fast path to deal with Byzantine faults, it’s probably because why the hell should they?
Your last submission was titled "We're lucky Mark Zuckerberg is in charge" and around half your comment history is devoted to defending Facebook. At least if you're going to question someones motives, you should state yours.
Assuming a somewhat rational market, a market cap above zero means that the present value of future cash flows is greater than (or equal to) the debts owed. In practice this means the company can borrow against those cash flows, and continue to meet capital requirements - avoiding potential liquidation.
Attempting to call functions which don't exist on the OS you are using should just result in E_NOINTERFACE being surfaced by this projection.
I don't know if anyone even owned Notepad or any other older inbox apps like the command prompt, but the issues were pretty well understood and WONTFIXed. Single undo, unicode support, unix LF support, etc, etc.
For Notepad a frustrated engineer had produced a change-set to fix all of them, and it had sat there attached to the bug for some time. It would surface on internal mail threads from time to time as a joke or a bitter reflection on bureaucracy, and if I recall a VP once chimed in to say they had looked at it, and sadly none of it could be committed due to backwards compatibility issues.
Of course the compat issues were real (you could view reports on which obscure apps hooked into this or that internal code of cmd.exe or Notepad and would break), but I always though they served as a nice justification for whichever investments were being made at the time: certainly not Notepad.
It's nice to see the wind change on that, even if it took a decade or two.