Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
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Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
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Watching from a distance, jumping to conclusions about "self-imposed gags" and remaining silent when writers to battle is disappointing!!
Technology allows many ways of ensuring confidential communication.
A techie should know that!
shoots up suddenly with heavy volume with in minutes. The next day also uptrend continues.On friday evening 14th august news about banking reforms out after market hours. THIS CLEARLY SHOWS INSIDER TRADING SOME PEOPLE KNOWS ABOUT THIS ONE DAY PRIOR TO THE ANNOIUNCEMENT.SEBI SHOULD INVESTIGATE THE PEOPLE WHO BOUGHT SHARES IN EQUITY AND F AND O SECTION AND BLOCK THE MONEY THEY MADE BY WAY OF PROFIT
https://http://www.youtube.com/watch?v=kFQJNeQDDHA
http://indianexpress.com/article/india/i...
""NSE cannot use defamation to gag the press: Bombay HC
A single bench of the high court said this while hearing a Rs 100-crore defamation case filed by NSE against Moneylife magazine.""
Any other algo player looking to get into the space was at a severe disadvantage.
Just look at all the mutual funds which have declared dividend in March end and the corresponding spike in AUM three months prior.
Best of the so called ethical fund houses indulge in these activities every year. Just by stopping bonus option AMFI has tried to prevent bonus stripping but what about dividend stripping which has resulted in loss of revenue to govt and unfair advantage to select few.
More strength to your Pen.
There is literally no way to implement what is being said unless someone has done this via programming code. TCP or Multicast, as far as I know, variation has always been in NSE and all other exchanges.
Looks like the HFT firm was a beginner in doing low latency stuff - couldn't crack basic low latency TCP. I also recommend reading Richard Stevens.