Most of the hands on development of current Machine Learning business solutions is handled by data scientists (pretty much, decent programmers with strong statistics skills and some knowledge of what the various hyper-parameters do). There is plenty of front and back end work to do, too.
Actually, the SEC already takes.0000174% of every transaction from the seller. Section 31 "SEC Fees" are charged by exchanges to the broker-dealer who usually passes them along to their customer. The fees are small but can really add up on larger transactions. You just want to make the charge bigger.
In terms of natural issues, it doesn't seem to me like it would be any more dangerous than many inhabited islands. In fact, I bet some smart planning could create barriers and drainage systems which give it better protection than what most islands have. The server is already Slashdotted so I can't see the details of their plan but outside of the hardships on initial construction I don't see why this wouldn't be feasible.
If you're more of a cat person, I recommend a serval. An experienced robber will be used to a dog barking, but when they break into your house and hear a roar they are going out a whole lot faster than they came in.
Hate to reply to myself but also about "hiding" limit orders: Orders can be places with hidden quantities behind them. I can send an order down to sell 100000000 shares but only display 1000 at a time. Whenever my 1000 gets taken out, of any quantity I specify of it, it refreshes back to 1000. Pretty much every exchange allows this. A downside to this is that for ISO orders other floors are only required to clear what you have displayed.
Except the limit price is not hidden, and can't be hidden, as a matter of principle. You can just look at the order book to see the distribution of orders at different prices. The order book is the "instantaneous" supply and demand curve.
Maybe for a limit order sitting in the book, but the parent is talking about a marketable limit order. When entered the broker (or computer) needs to clear the book (and the books of the various other exchanges, unless an ISO order is used) up to the limit price and THEN post it as a limit order. What the HF machines are doing is essentially buying up the stock in front or along with the marketable limit order and then dumping it back onto that limit order at the tail end of it. This can cause a dramatically worse price to the customer. I see it happen all the time.
Honestly, if you are trading anything less than thousands of shares at a time, this most likely isn't going to effect you to the tune of more than a dollar or two tops per trade unless you are trading in some really thin issues. If you are trading with the kind of size to actually move a stock than:
A. piece apart the trade into smaller portions and direct them to the primary at a limit price only a penny or two higher than the current market (this may increase the commissions you pay, but an extra $100 should be worth it on a million dollar+ trade) Space out the timing on your trades to allow other market players to step back up on the opposite side (don't just slam 2000 share trades at a stock every 3 seconds)
or
B. establish a good relationship with your brokerage firm. Play the big shot and make them want to keep you around. Make it known that you have more trades to do but that if you're not happy with your execution that you will go elsewhere (and you should.) You should be able to tell your broker that you want the order worked not held and for best price over speed of execution. If your firm doesn't honor such a request, take your business somewhere else. A not held order should ensure that your trade is manually handled, and by spreading the order out over time you are helping to ensure that large chunks aren't executed all at once. Keep an eye on the tape for whatever you are trading. If you see large prints going up that match up to the size of your order than you're getting fucked. Complain to your customer rep. They will want to keep you around and you can probably get an adjustment. The broker will hate you for this but hey, its your money.
WoW has gotten significantly greedier in this regard over the past few years. I remember when it first came out, my returns home I would be forced to play on a 900 mhz pentium 3 machine with onboard video. It wasn't pretty, Ironforge was a mess, but it ran. I would have thought an iPad would have a little more horsepower.
Generally, trade reports are generated from you know, trades. Typically, for the reason of the article, these systems don't allow the users to generate reports even for testing purposes. Rather, they would submit a trade in a test stock such as ZVZZT or ZXZZT. These would generate a trade, which would show on the reports, but not have any clearing associated with them. While it is possible to "dummy" in trade reports, even a rudimentary glance at the corresponding blotter would throw up red flags as there would be no clearing associated with the trades, and they would have no presence on the tape. I know the auditors were crooked, but this is an aspect of the scam that the SEC should have been all over. A system which would make it appear as if there was clearing (at least on the paper that Madoff was generating) without that clearing actually being there is something that should shout "FRAUD" to anyone involved in the project.
This happens on a rather frequent basis. I work on a trading desk which sees some retail customer order flow. Every now and then fraudulent pump and dump stocks come to our attention. Its usually not too hard to figure out that some order for 5x the average daily volume in a penny stock is fraudulent. Not to hard to track down the customer to give them a call and find out that they had no idea their account was broken into. A much more effective way is to send the orders a few hundred or thousand shares at a time and have them auto executed by a machine.
Usually they trace the attacks back to Eastern Bloc countries. I know Hungry was pretty popular last year.
Any karate practitioner could have told you this. Intercepting a reverse punch with another reverse punch is one of the most common tequniques, especially among more traditional karateka.
I'm a karate instructor. A lot of times we have parents bring their kids in after them being bullied in school. The administrators are loath to do anything beyond calling the offending childs parents. Even if the bullying is taking place on school grounds (it usually is) no one will raise a finger.
We teach our kids to try and avert the situations without violence. Assertively telling the person to stop. Usually just standing up for yourself, and really showing that you mean it, is enough to stop common bullying. Sometimes it isn't, and our kids fight back. Again, it usually only takes once to make someone realize it isn't worth it. If it keeps happening, things escalate. A few years ago we had a freshman in high school bust the nose and two ribs of a kid who had been pushing him around for weeks. The guy came back with a few of his buddies and beat him up pretty well. A few of us followed a group of them home from school one day and very nicely explained that if our 'cousin' was touched again each of them would get far worse. We were pretty persuasive.
But the point of the story is that no one who should have been making this stop was really getting anything done.
A little offtopic, but I was looking into running a service based on transactions under $1 but I simlpy couldn't make the numbers work. All the services I looked at that would accept credit cards took at least $.20 of any transaction which would just trash any margins we would have. Any ideas?
I'm an ex Apple retail employee. If there is one thing I can say about my coworkers, itâ(TM)s that they fucking loved that company. About half of the people I worked with were part time employees with full time jobs doing photo and A/V work, usually for their own smallish firm. Why did they work at Apple? The discounts. Sure the store didn't pay the best (~$12/hour starting) but when you can get that $6000 mac pro / 30" screen combo for half off it starts to look very attractive for 20 hours a week. Apple loved it; they got some very knowledgeable employees to move their merch.
Also, Apple treated us pretty damn well. As a whole, retail sucks. At least where I was, the managers were flexible and understanding. There were plenty of product giveaways to employees (in the 6 months I was there I got a free Shuffle when it had just come out as well as a free OS upgrade. I also picked up a week old mac book pro for ~50% off)
I'm not too sure what MS is offering, but a lot of the people who were at the Apple Store weren't there for just the paycheck.
Agreed wholeheartedly. I started playing MUDs when I was in 3rd grade or so (that must have been pretty annoying to the other members of the server), sure enough when it came to vocab I was miles in front of my Hop on Pop reading peers.
Slashdot Mirror
Most of the hands on development of current Machine Learning business solutions is handled by data scientists (pretty much, decent programmers with strong statistics skills and some knowledge of what the various hyper-parameters do). There is plenty of front and back end work to do, too.
Actually, the SEC already takes .0000174% of every transaction from the seller. Section 31 "SEC Fees" are charged by exchanges to the broker-dealer who usually passes them along to their customer. The fees are small but can really add up on larger transactions. You just want to make the charge bigger.
The macbook also has 2.5x the battery life. Sometimes its worth paying for a better engineered product.
Yep, that's a cow alright.
In terms of natural issues, it doesn't seem to me like it would be any more dangerous than many inhabited islands. In fact, I bet some smart planning could create barriers and drainage systems which give it better protection than what most islands have. The server is already Slashdotted so I can't see the details of their plan but outside of the hardships on initial construction I don't see why this wouldn't be feasible.
The list was phones, tablets, set top boxes and tvs. Apple makes products in 3 of the 4 of these, and rather dominates the market in two of them.
I think Apple might have a thing or two to say about that...
If you're more of a cat person, I recommend a serval. An experienced robber will be used to a dog barking, but when they break into your house and hear a roar they are going out a whole lot faster than they came in.
Sure, but these guys got a $500,000,000 contract from the US government to actually make some of these things.
Do they have trucks in that area? Wouldn't that pose a minor issue?
Hate to reply to myself but also about "hiding" limit orders: Orders can be places with hidden quantities behind them. I can send an order down to sell 100000000 shares but only display 1000 at a time. Whenever my 1000 gets taken out, of any quantity I specify of it, it refreshes back to 1000. Pretty much every exchange allows this. A downside to this is that for ISO orders other floors are only required to clear what you have displayed.
Except the limit price is not hidden, and can't be hidden, as a matter of principle. You can just look at the order book to see the distribution of orders at different prices. The order book is the "instantaneous" supply and demand curve.
Maybe for a limit order sitting in the book, but the parent is talking about a marketable limit order. When entered the broker (or computer) needs to clear the book (and the books of the various other exchanges, unless an ISO order is used) up to the limit price and THEN post it as a limit order. What the HF machines are doing is essentially buying up the stock in front or along with the marketable limit order and then dumping it back onto that limit order at the tail end of it. This can cause a dramatically worse price to the customer. I see it happen all the time.
Honestly, if you are trading anything less than thousands of shares at a time, this most likely isn't going to effect you to the tune of more than a dollar or two tops per trade unless you are trading in some really thin issues. If you are trading with the kind of size to actually move a stock than:
A. piece apart the trade into smaller portions and direct them to the primary at a limit price only a penny or two higher than the current market (this may increase the commissions you pay, but an extra $100 should be worth it on a million dollar+ trade) Space out the timing on your trades to allow other market players to step back up on the opposite side (don't just slam 2000 share trades at a stock every 3 seconds)
or
B. establish a good relationship with your brokerage firm. Play the big shot and make them want to keep you around. Make it known that you have more trades to do but that if you're not happy with your execution that you will go elsewhere (and you should.) You should be able to tell your broker that you want the order worked not held and for best price over speed of execution. If your firm doesn't honor such a request, take your business somewhere else. A not held order should ensure that your trade is manually handled, and by spreading the order out over time you are helping to ensure that large chunks aren't executed all at once. Keep an eye on the tape for whatever you are trading. If you see large prints going up that match up to the size of your order than you're getting fucked. Complain to your customer rep. They will want to keep you around and you can probably get an adjustment. The broker will hate you for this but hey, its your money.
WoW has gotten significantly greedier in this regard over the past few years. I remember when it first came out, my returns home I would be forced to play on a 900 mhz pentium 3 machine with onboard video. It wasn't pretty, Ironforge was a mess, but it ran. I would have thought an iPad would have a little more horsepower.
Generally, trade reports are generated from you know, trades. Typically, for the reason of the article, these systems don't allow the users to generate reports even for testing purposes. Rather, they would submit a trade in a test stock such as ZVZZT or ZXZZT. These would generate a trade, which would show on the reports, but not have any clearing associated with them. While it is possible to "dummy" in trade reports, even a rudimentary glance at the corresponding blotter would throw up red flags as there would be no clearing associated with the trades, and they would have no presence on the tape. I know the auditors were crooked, but this is an aspect of the scam that the SEC should have been all over. A system which would make it appear as if there was clearing (at least on the paper that Madoff was generating) without that clearing actually being there is something that should shout "FRAUD" to anyone involved in the project.
This happens on a rather frequent basis. I work on a trading desk which sees some retail customer order flow. Every now and then fraudulent pump and dump stocks come to our attention. Its usually not too hard to figure out that some order for 5x the average daily volume in a penny stock is fraudulent. Not to hard to track down the customer to give them a call and find out that they had no idea their account was broken into. A much more effective way is to send the orders a few hundred or thousand shares at a time and have them auto executed by a machine. Usually they trace the attacks back to Eastern Bloc countries. I know Hungry was pretty popular last year.
Any karate practitioner could have told you this. Intercepting a reverse punch with another reverse punch is one of the most common tequniques, especially among more traditional karateka.
I'm a karate instructor. A lot of times we have parents bring their kids in after them being bullied in school. The administrators are loath to do anything beyond calling the offending childs parents. Even if the bullying is taking place on school grounds (it usually is) no one will raise a finger. We teach our kids to try and avert the situations without violence. Assertively telling the person to stop. Usually just standing up for yourself, and really showing that you mean it, is enough to stop common bullying. Sometimes it isn't, and our kids fight back. Again, it usually only takes once to make someone realize it isn't worth it. If it keeps happening, things escalate. A few years ago we had a freshman in high school bust the nose and two ribs of a kid who had been pushing him around for weeks. The guy came back with a few of his buddies and beat him up pretty well. A few of us followed a group of them home from school one day and very nicely explained that if our 'cousin' was touched again each of them would get far worse. We were pretty persuasive. But the point of the story is that no one who should have been making this stop was really getting anything done.
I was more referring to the initial sale numbers which were reported as rather low by the media. I don't know about you but I never thought of Business Insider http://www.businessinsider.com/munster-china-iphone-sales-a-disappointment-2009-11 , and the LA Times http://www.latimes.com/business/la-fi-china-iphone7-2009nov07,0,4313958.story someones blog, as opposed to, you know, like, real journalism.
I thought people were in agreement that Chinese iPhone sales were dismal?
A little offtopic, but I was looking into running a service based on transactions under $1 but I simlpy couldn't make the numbers work. All the services I looked at that would accept credit cards took at least $.20 of any transaction which would just trash any margins we would have. Any ideas?
I'm an ex Apple retail employee. If there is one thing I can say about my coworkers, itâ(TM)s that they fucking loved that company. About half of the people I worked with were part time employees with full time jobs doing photo and A/V work, usually for their own smallish firm. Why did they work at Apple? The discounts. Sure the store didn't pay the best (~$12/hour starting) but when you can get that $6000 mac pro / 30" screen combo for half off it starts to look very attractive for 20 hours a week. Apple loved it; they got some very knowledgeable employees to move their merch. Also, Apple treated us pretty damn well. As a whole, retail sucks. At least where I was, the managers were flexible and understanding. There were plenty of product giveaways to employees (in the 6 months I was there I got a free Shuffle when it had just come out as well as a free OS upgrade. I also picked up a week old mac book pro for ~50% off) I'm not too sure what MS is offering, but a lot of the people who were at the Apple Store weren't there for just the paycheck.
Agreed wholeheartedly. I started playing MUDs when I was in 3rd grade or so (that must have been pretty annoying to the other members of the server), sure enough when it came to vocab I was miles in front of my Hop on Pop reading peers.
I would take someone bearable who usually does it right over either of those.
Your ration of 1984 has been increased to 0 copies in celebration of a great victory!
Sorry, I was using Mac in the general sense of the brand. (As it is currently recognized) not in reference to the specific model the Mac.