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View Diary: "Incredibly Shrinking Liquidity" as Goldman Flushed Quant Trading (83 comments)

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  •  TIBCO has its problems. (1+ / 0-)
    Recommended by:

    Considering TIBCO weaknesses might well lead to a temptation to use the installation system that goes with Mr. Aleynikov's system.

    I have not seen TIBCO used for FIX Protocol -- that's what the vendor packages do. TIBCO or MQ or any such could be used, of course.

    Getting at the TCP buffers at the servers is my preference, but I always liked c and getting in underneath.

    GS techies would have been able to examine NYSE programs and interface specifications. Open book.

    All they needed for $100,000,000-a-day temptation was a few account codes. Run scripts for the installations. Open firewall ports for the incoming data. Sit back and GS gets super rich.

    Angry White Males + DSM IV Personality Disorder delusionals + sane Pro-Lifers =EQ= The Base

    by vets74 on Tue Jul 07, 2009 at 04:38:33 PM PDT

    [ Parent ]

    •  Simple, rhetorical question... (3+ / 0-)

      How many Goldman Sachs IT folks worked for NYSE and/or Tibco, before coming to work for GS? And, vice versa?

      Don't have to be a rocket scientist here...just having an understanding of the calculating mind is all that's necessary...I mean, after all, this is a political blog, right?

      (Sick) LOL!

      "I always thought if you worked hard enough and tried hard enough, things would work out. I was wrong." --Katharine Graham

      by bobswern on Tue Jul 07, 2009 at 09:19:33 PM PDT

      [ Parent ]

    •  Installation System (0+ / 0-)

      What installation system?   I'll admit I haven't read the entire patent application, but only because it barely resembles the actual system that Serge was trying to build
      which I have first hand experience with.

      The installation system that I'm familiar with consisted of manually ftp'ing some Erlang code onto a couple of Linux servers running some High Availability software and then restarting the Erlang run time engine.   It also required configuring a Nortel DMS to point it's SS7 signaling to the same Linux servers so that it could make the routing decisions for it, but I'm really not sure how in the heck that would be of any use to someone on Wall Street.  

      That is unless the NYSE is run on 30 year old telephone switches made in Canada.

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