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visits member for 1 year, 8 months
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Jul
5
answered How does logging effect Quickfix performance?
Jul
5
answered Trading days or Calendar days for Compound Annual Growth Rate?
Jul
5
answered Ability of hedge funds to transform illiquid assets
Jul
5
revised Ability of hedge funds to transform illiquid assets
Fixed grammar
Jul
5
suggested suggested edit on Ability of hedge funds to transform illiquid assets
Jul
5
revised Quantitative Math required for Market-making?
deleted 3 characters in body
Jun
29
comment What are the unfair order execution/routing advantages HFT firms apparently have?
@user2763361 Yes, probably. Although the official argument from Katsuyama is that it is to encourage the equivalent of 'internalization' to take place on dark pool instead, which sounds rather flawed and PR-generated. I'm neither a fan of fragmentation, nor internalization, nor violations of price-time priority.
Jun
29
comment What are the unfair order execution/routing advantages HFT firms apparently have?
@mezamorphic: The order type does not determine the matching rule. The exchange specifies the matching rules in accordance to regulatory requirements. The 'special' order types are there to reduce messaging traffic which would otherwise be incurred by participants replicating those order types using conventional order types. I am pleased that those order types exist so I do not have to spend millions to upgrade all my hardware to 40/100 Gbps.
Jun
29
answered What are the unfair order execution/routing advantages HFT firms apparently have?
Jun
24
comment Quantitative Math required for Market-making?
@olaker: Thanks for clarifying and I'm not upset so there's no need to apologize. The issue is not the specificity, but rather the underlying goals of the question. I'd rather help a student fledgling - who has chosen to dedicate multiple years of his life and career towards getting educated in this field - pick his textbooks, than help someone from outside the field, clearly with a limited appreciation for it, to find specific ways to monetize his technical skills.
Jun
24
answered Quantitative Math required for Market-making?
Jun
24
comment Quantitative Math required for Market-making?
@olaker: I'm appalled that you consider this a 'nice question'. Why should we upvote a question asking what basic math is needed for a programmer with zero quant finance background solely to make money in the markets, while killing off questions from finance students asking for suggested reading materials on financial mathematics?
Jun
23
revised Do quants need to know Accounting?
added 715 characters in body
Jun
23
comment What Is A Good Success Rate Using Machine Learning For A Beginner?
I flagged this question for closure. I appreciate your honesty about being a beginner but this question seems to be outside the scope of this SE. Firstly, this question is too broad and opinion-based - as the responses suggest - there's no right answer. I would be OK with a 50.1% success rate at a coin flip and a 0.1% success rate at winning a billion dollars. I'd need to know the transaction costs etc. And even so, there's no final answer because a positive expectancy strategy may be within someone's risk appetite but outside another's.
Jun
21
answered Do quants need to know Accounting?
Jun
16
answered Platform for Quantitative equity portfolio
Mar
24
revised Direct exchange data via a Vendor
added 3 characters in body
Mar
24
revised Direct exchange data via a Vendor
added 3 characters in body
Mar
24
answered Direct exchange data via a Vendor
Mar
20
answered Are there any good tools for back testing options strategies?