Speed of light over fiber is 30% slower than in a vacuum. The fiber from Chicago to DC doesn't run in a straight line. There are more than 1 network hops from the Fed's announcement system to your high-frequency-trading system. Some processing must occur to read the announcement and act on it.
Someone had the order all queued up, and was waiting for word. He got word of the interest rate move, and keyed in his order, which his computer would execute at 2:00:00:002, forgetting that such an order was impossible without giving away he was cheating by having gotten the announcement early.
Can someone explain this to me in idiot? I don't see what the problem is, nor why I should care.
FTFA
There would seem to be three possibilities: 1) Some trader was extraordinarily lucky, placing a massive bet just before a major announcement that would make that bet highly profitable. 2) There was a leak, either by a media organization with early access to the data or even someone at the Fed. Or 3) The laws of physics have been violated as the information traveled from Washington to Chicago faster than the speed of light.
The dealers have a few good points, but EVERYONE knows this is just sour grapes because the dealerships can't fleece potential buyers out of some more money off the top.
An important note: This hydrocarbons from grid electricity vary greatly by region. The Pacific Northwest, for example, has tons of wind. Oklahoma burns nothing but coal. New England has more nuclear.
Compared to a few recently, this one's not bad. I'd never heard about either of these things before, but I can easily gather from the summary that:
@Horse_ebooks and Pronunciation Book are some sort of twitter accounts that spew nonsense that the kids think are meme-worthy. It turns out that they're actually manned by people doing performance art. RTFA for more.
No. It's simply a sign that they're always hiring.
Is there competition for corporate minimum wage jobs in the inner-city? Sure. Those might be tougher to land. Anywhere else? You can be a mental patient they already fired once for walking off the job and they'll still hire you.
Since your "friend" doesn't work full time, does he use the other 10+ hours a week he's obviously free EACH AND EVERY WEEK to seek out better jobs, or does he just sit at home with his mom complaining that WalMart doesn't give him enough hours?
You don't need a car to get a minimum wage job, and I simply call BS that there's not cheap housing available for people making that kind of money. It might not be the sort of place that YOU want to live, but it's out there. Don't make me spend the next 20 minutes on Criagslist and Apartments.com showing you how silly you are.
Slashdot Mirror
No need to concoct such a nefarious plan.
http://www.zerohedge.com/news/2013-09-24/tip-box-fed-made-it-possible-many-people-leak-it
Plenty of people knew and could leak the information early.
Speed of light over fiber is 30% slower than in a vacuum.
The fiber from Chicago to DC doesn't run in a straight line.
There are more than 1 network hops from the Fed's announcement system to your high-frequency-trading system.
Some processing must occur to read the announcement and act on it.
The information was widely available about 5 minutes in advance:
http://www.zerohedge.com/news/2013-09-24/tip-box-fed-made-it-possible-many-people-leak-it
Someone had the order all queued up, and was waiting for word. He got word of the interest rate move, and keyed in his order, which his computer would execute at 2:00:00:002, forgetting that such an order was impossible without giving away he was cheating by having gotten the announcement early.
"Everyone else" has this information too. It wasn't a secret among well informed sorts.
"Everyone else" just waited until after 2:00:00:002 to execute their orders.
Here's hoping!
Can someone explain this to me in idiot? I don't see what the problem is, nor why I should care.
FTFA
There would seem to be three possibilities: 1) Some trader was extraordinarily lucky, placing a massive bet just before a major announcement that would make that bet highly profitable. 2) There was a leak, either by a media organization with early access to the data or even someone at the Fed. Or 3) The laws of physics have been violated as the information traveled from Washington to Chicago faster than the speed of light.
Google has plenty of miles under uncontrolled conditions.
If it gets to a closed street, it wakes up the human.
Tesla's claims ARE misleading.
They need to be clear about your out-of-pocket costs - your actual payment to Tesla's finance company.
ALSO, dealerships exist only to fuck customers out of useless middleman money by skimming off the top and providing overpriced service.
The dealers have a few good points, but EVERYONE knows this is just sour grapes because the dealerships can't fleece potential buyers out of some more money off the top.
Fucking scum.
An important note: This hydrocarbons from grid electricity vary greatly by region. The Pacific Northwest, for example, has tons of wind. Oklahoma burns nothing but coal. New England has more nuclear.
YMMV as to *where* you plug in your power hog.
Meh.
Compared to a few recently, this one's not bad. I'd never heard about either of these things before, but I can easily gather from the summary that:
@Horse_ebooks and Pronunciation Book are some sort of twitter accounts that spew nonsense that the kids think are meme-worthy. It turns out that they're actually manned by people doing performance art. RTFA for more.
...and this is why I miss the good old days of flying - when they WERE there to kiss it.
No longer than a good resume.
Or, perhaps it'll do the exact opposite, since 'nix and SteamOS users can just stream the Windows version...
How much data storage would that take, measured in Libraries-of-Congress?
About 2.0
I've thought about setting up a second, sock-puppet account with which to argue with myself...
So, sort of like an Aron Sorkin screenplay?
Considering how high in the sky Titan is, I'm pretty sure the whole route is downhill.
dot tumbler dot com
http://xkcd.com/1025/
No. It's simply a sign that they're always hiring.
Is there competition for corporate minimum wage jobs in the inner-city? Sure. Those might be tougher to land. Anywhere else? You can be a mental patient they already fired once for walking off the job and they'll still hire you.
There are no better candidates.
Speak English.
Walk upright.
Hired!
Except that they will, and you're completely wrong.
The "fact" is that McDonalds and others aren't that picky at all.
They hired our mentally ill kid TWICE, and that was after he walked off the job mid-shift the first time.
The bar is set pretty damned low.
Since your "friend" doesn't work full time, does he use the other 10+ hours a week he's obviously free EACH AND EVERY WEEK to seek out better jobs, or does he just sit at home with his mom complaining that WalMart doesn't give him enough hours?
And... ...the bus.
Who, exactly, then, are all these people on the bus in the morning? By your logic, none of them can have a job.
Moron.
No. They don't. Set your standards a little lower, and pick a shittier part of town -- one that doesn't advertise on the internet.
I assure you, it's right on the bus line, and they take cash.
You don't need a car to get a minimum wage job, and I simply call BS that there's not cheap housing available for people making that kind of money. It might not be the sort of place that YOU want to live, but it's out there. Don't make me spend the next 20 minutes on Criagslist and Apartments.com showing you how silly you are.