You can be a buyer and put in a bid and see how long the bid takes to be fulfilled.
And if it is filled too fast (meaning you bid too high) you can drop your network connection, cancelling the sale. Old trick. Possibly illegal. Or a violation of exchange rules at very least. But it's an effective way to probe the market at a very high speed looking for buyers and sellers.
Rules were created governing electronic exchanges to cover instances in which a purchase or sale could not be completed due to a network or server failure or software glitch. But exploiting these rules to gain a trading advantage is wrong. And an examination of HFT code can easily reveal a customized networking layer with a 'drop trade' function, proving the intent to commit fraud. That's why GS is freaking out about people examining ther code.
Not to mention that the code that Aleynikov allegedly stole is worthless without a substantial investment in supporting code and trading infrastructure to take advantage of it, not that the higher-ups at a place like Goldman necessarily understand this.
Worthless if you are trying to build your own HFT system perhaps. But not so worthless if you can reverse engineer critical parts of the code and demonstrate that its purpose is to front-run other people's trades rather than just being really fast. If you can show this, you can make a very good living testfying in civil court cases on behalf of clients that got screwed by Goldman Sachs.
Banking in the EU is pretty much borderless for the wealthy. Just open an account in a German or whatever bank. You might need to establish 'residence'. But that's not difficult to satisfy the requirements of regulations. For the middle class on down, its another matter. If the neighborhood banks and ATMs shut down, what are you going to do? Hopping on a plane or train for a weekly cash run is no problem for the rich. Not so much for everyone else.
Any bank opening a branch (or ATM) inside Greece will expose themselves to local regulations and the economy. So there's not much chance of that happening. Not impossible, but not likely.
The problem is: Who is going to loan money to the Greeks? Too much of the population is unemployed or dependant on govenment pensions or jobs. So there's no hope of getting paid back. The few who have good paying jobs (or wealth in-country) are going to be targeted for revenue to redistribute to those living off the public coffers.
... the market for zero-day exploits continues unabated on the dark net. I guess the cyber criminals haven't gotten any negative feedback concerning Wassenaar restrictions from their legal departments.
And now Seattle is going on a war against vehicles by eliminating required parking in new apartments and condos. So everyone must revert to on street parking. Good luck plugging your vehicle into an outlet if you are 200 feet down the street. It's back to gasoline for everyone.
... where, given a few precautions, I'd say, "Go ahead. Fly your drone." Sure, I don't want drone parts falling on spectators. But our public fireworks display is held over a lake.
Drones will give me an opportunity to test my proximity-fused skyrocket.
I don't mind holding Iran's feet to the fire over their having signed the NPT. But I'll be damned if my country spends a nickel defending Israel's political position when they refuse to sign.
There is a gulf difference between what I consider Computer Science and Computer Programming.
Actually, a good CS degree is built upon a knowledge of computer programming. And the latter should be a prerequisite for the former.
It's like asking an architect to prepare a design for a building who cannot read blueprints. I don't expect the CS to have the same experience or productivity as the bricklayer. But I do expect them to understand the process and advantages or limitations of the materials selected.
Slashdot Mirror
You can be a buyer and put in a bid and see how long the bid takes to be fulfilled.
And if it is filled too fast (meaning you bid too high) you can drop your network connection, cancelling the sale. Old trick. Possibly illegal. Or a violation of exchange rules at very least. But it's an effective way to probe the market at a very high speed looking for buyers and sellers.
Rules were created governing electronic exchanges to cover instances in which a purchase or sale could not be completed due to a network or server failure or software glitch. But exploiting these rules to gain a trading advantage is wrong. And an examination of HFT code can easily reveal a customized networking layer with a 'drop trade' function, proving the intent to commit fraud. That's why GS is freaking out about people examining ther code.
Not to mention that the code that Aleynikov allegedly stole is worthless without a substantial investment in supporting code and trading infrastructure to take advantage of it, not that the higher-ups at a place like Goldman necessarily understand this.
Worthless if you are trying to build your own HFT system perhaps. But not so worthless if you can reverse engineer critical parts of the code and demonstrate that its purpose is to front-run other people's trades rather than just being really fast. If you can show this, you can make a very good living testfying in civil court cases on behalf of clients that got screwed by Goldman Sachs.
But even then, why not just mill it?
Proof of concept/prototyping. Go out and get an estimate to have this gizmo milled.
Yeah, its pretty useless. But it's just a technology demonstration.
How can I get this car out of second gear?
Banking in the EU is pretty much borderless for the wealthy. Just open an account in a German or whatever bank. You might need to establish 'residence'. But that's not difficult to satisfy the requirements of regulations. For the middle class on down, its another matter. If the neighborhood banks and ATMs shut down, what are you going to do? Hopping on a plane or train for a weekly cash run is no problem for the rich. Not so much for everyone else.
Any bank opening a branch (or ATM) inside Greece will expose themselves to local regulations and the economy. So there's not much chance of that happening. Not impossible, but not likely.
The problem is: Who is going to loan money to the Greeks? Too much of the population is unemployed or dependant on govenment pensions or jobs. So there's no hope of getting paid back. The few who have good paying jobs (or wealth in-country) are going to be targeted for revenue to redistribute to those living off the public coffers.
I guess I'll have to download a file for something that looks like a barrel,
Not a gun. So this is OK.
and another file for something that looks like a grip,
Also not a gun.
and another file for something that looks like a magazine,
Not a gun either.
and another file for something that looks like a trigger
Still not a gun.
The only part regulated is the lower receiver.
Pay me to use your competitors' products.
This is good. Because the last generation of robots was just sitting around, unmotivated and depressed. (Marvin, I'm talking to you.)
New Horizons was launched with mission instructions to proceed beyond Neptune's orbit and look for the next planet.
Nope. No planets here.
This. Exactly.
And now Seattle is going on a war against vehicles by eliminating required parking in new apartments and condos. So everyone must revert to on street parking. Good luck plugging your vehicle into an outlet if you are 200 feet down the street. It's back to gasoline for everyone.
Drones will give me an opportunity to test my proximity-fused skyrocket.
Support for social media? This means an NNTP client, right?
I want to be on the committee that decides what sort of behavior justifies drug intervention.
Slashdot is reporting gossip about the goings on inside another social networking site. We're devolving into an online Tiger Beat.
This.
I don't mind holding Iran's feet to the fire over their having signed the NPT. But I'll be damned if my country spends a nickel defending Israel's political position when they refuse to sign.
Perhaps this is why they are bringing Maverick out of retirement.
Imagine, if you can, a world without war, it's easy if you try.
Yes. Then I could conquer the whole stupid planet with just a butter knife.
--Dogbert.
I wish people would stop making analogies.
Why? Do you expect us all to drive around in last year's analogy?
There is a gulf difference between what I consider Computer Science and Computer Programming.
Actually, a good CS degree is built upon a knowledge of computer programming. And the latter should be a prerequisite for the former.
It's like asking an architect to prepare a design for a building who cannot read blueprints. I don't expect the CS to have the same experience or productivity as the bricklayer. But I do expect them to understand the process and advantages or limitations of the materials selected.
Only display that which needs immediate attention.