Louis Lovas mainly writes about how capital management and software development are two distinct, but equally important, components of modern trading firms. However, I think I have extracted an interesting take on the financial ripple effects of the new Volcker rule: namely that prop trading spin-offs from the big investment banks will now be forced to develop, maintain, and manage their own technology infrastructure for electronic trading. Although in-house systems offer the lowest latency, they need to be constantly updated and monitored to ensure normal operation.
I wonder if this new demand for in-house infrastructure will actually increase the risk of another Flash Crash-like event? The potential risk of an accidental order must be positively correlated with the power and inexperience of a new electronic trading platform and it’s staff. Spin-offs no longer have access to the tried and proven IT systems they left behind at their parent banks. Either way, I am looking forward to this new era of technology-driven trading.
Fox News never fails to disappoint.
All jokes aside, I’m astonished at how bloodthirsty people can be at times. It’s one thing to celebrate the conclusion of a decade long search for a very dangerous man, but is there a need to revel in his death?
We chant “USA USA USA” and clap each other on the backs for “killing that fucker” as though we have somehow brought about the spontaneous end of Al Qaeda and instant peace to the Middle East. But death only sows more seeds of hatred; the vicious cycle continues just as it always has.
Another one that I’m hearing everywhere: “Justice has been served.” What the hell does that mean? Is an eye for an eye considered justice? (Maybe Gandhi can help you with that one.)
As a like-minded friend noted, I don’t mean to be a kill joy (pun intended). I’m not saying everyone has reacted in this way. There are certainly many level-headed people who have reacted with a more positive and reasonable attitude. Let us come together as a nation and celebrate our perseverance and unity over the past decade. Let us acknowledge that we still have a long road ahead of us. Let us recognize that instead of rejoicing in death, we can (and should) celebrate new life and hope.
P.S. The timing of this release certainly isn’t peculiar.
Loving the Johnny Cash vibe. First half is excellent.
Today I watched the rain swirl and tumble. The droplets sliding across the glass were teasing—urging me to reflect them in silent misery.
Diggin’ yer own grave
Black Mountain - Buried By The Blues
Against the night, you will rise and set your body free
Frontier of light, you deserve to let your body sleep
Away from the static and noise
I’ve been meaning to post some interesting topics I’m investigating in computer science here. In order to do that in a relatively pleasing way, I need syntax highlighting. Alan Dipert has a solution here if anyone wants to put up code on Tumblr as well. I have used his solution for the code below:
public class SyntaxHighlightingTest {
public static void main(String[] args) {
System.out.println("Hopefully I am syntax highlighted.");
}
}
Limp Bizkit is one of those bands that blindly gets a bad rap. Yes, they do have some very cliche rap metal songs but there are always a few outstanding gems on every one of their albums. I started listening to these guys a long time ago…when I first started really appreciating music. I remember first hearing “My Way” as a kid and being excited at this new blend of melody and aggression that I had never heard before. Ignoring the whimsical tracks that are ever present on a LB album, songs like the link I posted above show that LB has a skill with crafting beautiful melodies and some thoughtful lyrics as well.
I’m excited for the new album.
I miss her.
Today I was grocery shopping. As I was minding my own business inspecting some eggs, a lanky white male wearing clear rimmed glasses moves towards me with what he fancies is an inviting gaze:
Stranger: Hey man, we’re having a bible study later this weekend. Would you like to stop by?
Me (with a slight smirk): No, thanks; I’m not the religious type.
I had to mentally check myself and stop myself from cheekily replying, “Been there, done that.” Anyways, he was clearly startled with my response as he stared at me with a blank expression on his face for a few seconds before slowly shrinking backwards as I walked away.
What a strange place to recruit — I wonder why he picked me out?
