Why Virtu HFT never loses

(Last Updated On: August 11, 2016)
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Why Virtu HFT never loses

A few bucks at a time. Millions of times a day. Yeah, go ahead and do the math.

A computerized voice rang out on Virtu Financial’s New York trading floor one Friday morning in late May: “Something’s wrong.” This was the Watcher, an automated program the electronic market-making company created to alert risk managers when any of the millions of orders it places on a given day go awry. In this case, Virtu had entered into a $1 million currency contract but then decided to cancel the order. While it took only 700 microseconds to get confirmation that the trade was on, the cancellation hadn’t been acknowledged by the exchange within 5 seconds, triggering the Watcher’s Stephen Hawking-like voice.

To read the entire article, go to http://bloom.bg/2b9CbEU

More links:

http://www.codeblocks.org/downloads/26

http://askubuntu.com/questions/499238/cmake-cant-find-pthread

 

http://stackoverflow.com/questions/12578499/how-to-install-boost-on-ubuntu

 

http://stackoverflow.com/questions/24813827/cmake-failing-to-detect-pthreads-due-to-warnings/25130590#25130590

http://www.howtogeek.com/howto/ubuntu/install-an-rpm-package-on-ubuntu-linux/

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
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About caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at youtube.com/quantlabs