Tweet-reading High Frequency Trading-Bots

Gepostet vor 2 Jahren, 1 Monat in #Misc #Tech #Coding #Economy

Share: Twitter Facebook Mail

Anscheinend hat jemand einen Bot programmiert, der auf getweetete Wirtschafts-Gerüchte reagiert und über Options-Käufe in den letzten Minuten drölf Millionen Dollar macht: The Wolf of Wall Tweet. Schöne neue Species der High Frequency Trading-Predators in the new Machine Ecology.

What we’re talking about here are options trades based on breaking rumors. And because options are derivatives—you’re buying the right to buy shares, not the shares themselves—it’s possible to achieve larger wins for a smaller outlay of cash. What makes these particular trades so striking is that they were made at the very tail end of the day, when the bought options were all only minutes from expiring. The odds that any given stock will suddenly rocket in the next few minutes are extremely low, which makes buying expiring options cheap and the bet very lucrative if it pays off. Consider that if the purchaser of those Altera options had taken his $110,530 and simply bought regular stock in Altera with it, he would have cleared about a $34,000 profit by the end of the day. Instead, using options, he made $2.4 million.

Bots that make trades based on news content have been around for years. […] In the case of the Altera incident, though, a bot appeared to read a rumor, understand it, and instantly execute an options strategy based on it. And for my friend—at least in his corner of the business, a corner he’s worked in for seven years—this felt like something radically new. “It used to feel like a race that we could win or lose,” he says. “But whatever algorithm they’ve developed, we are now completely helpless. Sitting ducks. This is by far the most advanced version of this we’ve ever seen. It’s at a totally different level.”

The Wolf of Wall Tweet – A Web-reading bot made millions on the options market. It also ate this guy’s lunch.

Bonustrack: Guy Trading at Home Caused the Flash Crash

Vorher auf Nerdcore:
High Frequency Trading-Predators in the new Machine Ecology
Music from Stock Market Crashes caused by High Frequency Trading
Son of Godzillas Bad Hair Day: High Frequency Trading Ethernet-Engine
High Frequency Trading in Super Slow Audio
High Frequency Trading GIF’d
DataVisualized SloMo High Frequency-Trading
Doku: The Wall Street Code (The Rise of A.I. Trading Machines)
HFTs Real Time Newsfeed
Restaurant Reservation Bot Wars

Very Bad Volume Control Interfaces

Vor einer Woche postete Redditor Jacobone dieses Interface für Lautstärkeregelung von irgendeiner Win-App. Then this happened: r/ProgrammerHumor/search?q=volume&restrict_sr=on. Because ofcourse it…

Zalgo Droplet

A Javascript-Droplet „to invoke the hive-mind representing chaos. Invoking the feeling of chaos. With out order. The Nezperdian hive-mind of…

Burning Banks

Alex Shaeffer malt seit Occupy Wallstreet gerne brennende Banken. Die Motive sind großartig, die Pinsel-Technik wackelt noch manchmal, aber okay.…

Predictive Policing for Banksters

Schönes Ding von Sam Lavigne, Predictive Policing für Wirtschaftskriminalität im Finanzsektor, 'ne Robocop-App für Bankster. White Collar Crime Risk Zones…

C64-Demo generates itself from Soundtrack

Gewinnerdemo der Revision 2017 von Linus Akesson, ein C64-Hack in 256 Bytes: A Mind is born. Ich verstehe ja noch…

Binary Keyboard

Nette Spielerei von Chris Johnston: „A two-button backlit mechanical keyboard that types ASCII values, one bit at a time.“ (via…

Bronze Girl stares down Wall Street Bull

Eigentlich toll: Vor dem Stier an der Wall Street steht heute zum Weltfrauentag die Bronzestatue eines „Fearless Girl“, dass sich…

Digital-Uhr in Conways Game of Life

Großartig: Eine Digital-Uhr in John Horton Conways zweidimensionalen zellulären Automaten: Get the design from this gist. Copy the whole file…

A Banana Keytar and more from Stupid Hackathon: Inverted Eyetracker-Pong, Robot Porn Addict or the Shitty Sharpie Tattoo Gun)

Ein weiterer Fav vom Stupid Hackathon NYC 2017, die Banana-Keytar von Amanda Lange. Auch geil: der Twitter-Bot Robot Porn Addiction,…

Dwitter – Social-Network für JavaScript-Remixe

Dwitter, ein Social Network von Andreas Løve Selvik für visuelle Javascript-Experimente in 140 Zeichen mit eingebauter Remix-Option für jedes Code-Snippet.…

Finding Animal-Shapes in Noise

Michael Trott hat im Forum von Wolfram Alpha ein random Noise-Pic generiert, die Verdichtungen und Shapes im Noise isoliert, die…