Reading this report by the NY Attorney General is really frustrating because with subpoena power on the Bitcoin industry they investigated and found perfidious... ability of professional investors to outperform amateurs via use of computers, volume pricing, and skill.
-
-
They also talk about “sophisticated order types” like... all the ones I implemented for Starfighter, in a freaking game, in a day, given a one sentence description of their mechanism.
Show this thread -
“High message rates are often a marker of an abusive trading strategy” ... No. No they are not. That is violently abusive to the facts of the grown up financial industry. It’s like saying “Be on the lookout for trades denominated in dollars.”
Show this thread
End of conversation
New conversation -
-
-
They have to frame it so that the findings can’t be repurposed against securities exchanges.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.