Solace CEO to keynote HPoWS with Andy Bechtolsheim

Posted by on Jul 31, 2009

This week the conference organizers of High Performance on Wall Street announced that Solace’s CEO Craig Betts will be joining Andy Bechtolsheim — a founder of Sun Microsystems and countless other successful startups, most recently Arista Networks — for a morning keynote at the event.  They will speak on the role of technology in the ever-changing world of financial services. The...
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High frequency trading comes under fire by NY Times

Posted by on Jul 27, 2009

Late last week the NY Times printed an article on how Goldman and others are using what they’re calling “high-frequency trading” to get ahead of the market and generate profits. This is not new news to folks on Wall St, nor is it illegal. As opposed to “front running” scandals of the past where trading firms would use inside information to profit from coming news,...
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Espionage on Wall St

Posted by on Jul 7, 2009

Last year, Tabb Group famously researched the value of a millisecond in an automated trading environment. I wonder what the value of the secret trading strategies from one of the industry’s benchmark leaders is? A Reuters blogger is reporting that a disgruntled former employee (Sergey Aleynikov) appears to have stolen Goldman’s program trading source code and uploaded it to a server...
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Dude, where’s my car?

Posted by on Jul 2, 2009

I must admit to having a fondness for stupid buddy movies, dating all the way back to Cheech and Chong. While Up in Smoke may be a timeless classic, I’m afraid that Dude, Where’s My Car? and more recently The Hangover are destined to show their age more quickly. Why? Because they’re based on the premise of losing track of where you’ve been, and that’s about to become...
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