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thw09j9m

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thw09j9m
·6 माह पहले·discuss
Post your blind username. I'll message you morning time EST with receipts.
thw09j9m
·6 माह पहले·discuss
I'm a staff level SWE at a company that you've all heard of (not a flex, just providing context).

If my manager said to me tomorrow: "I have to either get rid of one of your coworkers or your use of AI tools, which is it?"

I would, without any hesitation, ask that he fire one of my coworkers. Gemini / Claude is way more useful to me than any particular coworker.

And now I'm preparing for my post-software career because that coworker is going to be me in a few years.

Obviously I hope that I'm wrong, but I don't think I am.
thw09j9m
·4 वर्ष पहले·discuss
I think I'm missing the connection between how HFT's trade and how it takes money away from regular people.
thw09j9m
·4 वर्ष पहले·discuss
Generally, illegal trading resolves around the idea of trading on non-public information. And front running falls under that category (access to order data that other participants do not).

However, HFT's do not trade on non-public information. Every participant has access to the same market data. I could start my own "HFT firm" tomorrow; I would just be incredibly unsuccessful at it because I don't have the finances or computing resources to execute.
thw09j9m
·4 वर्ष पहले·discuss
Front running is illegal. However, making a better price prediction than the rest of the market and trading on it is not the same thing as front running.

[1] https://www.investopedia.com/terms/f/frontrunning.asp#:~:tex....
thw09j9m
·4 वर्ष पहले·discuss
> There are known loopholes that market makers get to exploit since they help keep the casino going.

Like what? I work at an HFT and I'd love to deliver a new strategy to my manager.