Ideas

This is the place of Carrier Hotel in Manhattan. This is the place where the internet fiber channel cables come out. And then the web is distributed to the other buildings. As you might imagine seconds count when it comes to high frequency trading. The question is “what if I was a few milliseconds infront of my competitor?” Could speed of data matter in such cases. Could a distance of few blocks create a significant...

Cinematch, Dinasour Planet, and finally Pragmatic Chaos –predicting what movie you might want to watch- is determining  60% of the movies being rented. Pragmatic Chaos got the 1 million dollar prize. Prize for reading what is in your brain. The above photo is from the ceremony in New York City. (20 Sept 2009) for more photos visit. On the other side of the equation we have companies like Epagogix. In their web site they define...

After a few days From http://www.michaeleisen.org/blog/?p=358  Michael Eisen’ Blog: “….But two questions remained. Why were they doing this, and how long would it go on before they noticed? As I amusedly watched the price rise every day, I learned that Amazon retailers are increasingly using algorithmic pricing (something Amazon itself does on a large scale), with a number of companies offering pricing algorithms/services to retailers. Both profnath and bordeebook were clearly using automatic pricing –...

6 May 2010: Stock prices can go down as well as up. Never in financial history has this adage been more apt than on 6 May 2010. Then, the so-called “Flash Crash” sent shocks waves through global equity markets. The Dow Jones experienced its largest ever intraday point fall, losing $1 trillion of market value in the space of half an hour. History is full of such fat-tailed falls in stocks. Was this just another...