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Re: Computer arithmetic problems worth exploring

Newsgroups	comp.arch
Subject	Re: Computer arithmetic problems worth exploring
References	<046d0c03-ff0a-4e7e-bd30-0509b6531639@z13g2000yqg.googlegroups.com> <3f3c7630-1335-4a8e-81bd-96f568fba486@r35g2000prj.googlegroups.com> <ql7bt6tjuptb6nnk7vkegjse2b45rjv3ji@4ax.com> <iqfha8-d6o.ln1@ntp6.tmsw.no>
From	Morten Reistad <first@last.name>
Date	2011-06-03 08:21 +0200
Message-ID	<4de88a76$1@news.broadpark.no> (permalink)

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In article <iqfha8-d6o.ln1@ntp6.tmsw.no>,
Terje Mathisen  <"terje.mathisen at tmsw.no"> wrote:
>George Neuner wrote:
>> On Thu, 19 May 2011 15:20:55 -0700 (PDT), Quadibloc
>> <jsavard@ecn.ab.ca>  wrote:
>>
>>> That is... _obscene_.
>>>
>>> John Savard
>>
>> And frightening ... but probably true.
>
>Not nearly as frightening (or obscene) as the fact that at least the New 
>York Stock Exchange, which was created to bring sellers and buyers 
>together, on a more or less equal footing, now contains special 
>provisions designed to tilt the balance strongly in favor of those that 
>can afford to pay for rack space inside the exchange itself.

The european exchanges have deliberatly gone in the other direction.

Making systems that allow participants to gain advantages by exploiting
protocols, trading system "features", pilot errors etc is expressly
forbidden inside EU/EES.

Equal access, equal timing, equal resolution and equal execution and
enforced in all the trading systems I have seen here.

They even go to lengths of analysing RTT to client systems, and deliberatly
adding a jitter of (AVD+1SD)/2 jitter to transmitted data for any one
client.

There nas not been much controversy about this; and brokers and fund 
managers have been extensively consulted.

>I.e. machine trading within the 5 ms (or so) window before anyone 
>outside the exchange get to hear about the offers.

In a decent hosting environment 600 us should bring you across town
and back. 

>Afaik they even added a few ms of delay buffering to everyone except a 
>few insiders, so that those fortunate few could have time to match up an 
>offer to buy and an offer to sell, and gain money both ways, with zero risk?

That is very, very illegal in Europe. It is called "cutting the spread", and
carries decade long sentences. 

>Please note that the scenario above doesn't gain society as such 
>anything at all, except in the form of employment for fresh MIT graduates.

-- mrr

Thread

Re: Computer arithmetic problems worth exploring George Neuner <gneuner2@comcast.net> - 2011-05-07 03:06 -0400
  Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-07 09:44 +0100
    Re: Computer arithmetic problems worth exploring Tom Gardner <spamjunk@blueyonder.co.uk> - 2011-05-07 11:38 +0100
      Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-07 12:21 +0100
        Re: Computer arithmetic problems worth exploring Tom Gardner <spamjunk@blueyonder.co.uk> - 2011-05-07 13:47 +0100
          Re: Computer arithmetic problems worth exploring Quadibloc <jsavard@ecn.ab.ca> - 2011-05-07 09:55 -0700
            Re: Computer arithmetic problems worth exploring Tom Gardner <spamjunk@blueyonder.co.uk> - 2011-05-07 19:27 +0100
              Re: Computer arithmetic problems worth exploring Quadibloc <jsavard@ecn.ab.ca> - 2011-05-07 13:54 -0700
                Re: Computer arithmetic problems worth exploring George Neuner <gneuner2@comcast.net> - 2011-05-09 13:38 -0400
                Re: Computer arithmetic problems worth exploring Robert A Duff <bobduff@shell01.TheWorld.com> - 2011-05-10 12:40 -0400
                Re: Computer arithmetic problems worth exploring Terje Mathisen <"terje.mathisen at tmsw.no"> - 2011-05-10 20:32 +0200
            Re: Computer arithmetic problems worth exploring torbenm@diku.dk (Torben Ægidius Mogensen) - 2011-05-09 13:42 +0200
    Re: Computer arithmetic problems worth exploring Quadibloc <jsavard@ecn.ab.ca> - 2011-05-07 04:26 -0700
      Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-07 12:13 +0100
  Re: Computer arithmetic problems worth exploring "Andy \"Krazy\" Glew" <andy@SPAM.comp-arch.net> - 2011-05-07 14:59 -0700
    Re: Computer arithmetic problems worth exploring George Neuner <gneuner2@comcast.net> - 2011-05-09 14:14 -0400
      Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-09 20:38 +0100
      Re: Computer arithmetic problems worth exploring "Andy \"Krazy\" Glew" <andy@SPAM.comp-arch.net> - 2011-05-09 13:55 -0700
        Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-10 09:05 +0100
          Re: Computer arithmetic problems worth exploring Jason Riedy <jason@lovesgoodfood.com> - 2011-05-10 13:24 -0400
            Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-10 18:41 +0100
            Re: Computer arithmetic problems worth exploring "Andy \"Krazy\" Glew" <andy@SPAM.comp-arch.net> - 2011-05-11 13:56 -0700
            Re: Computer arithmetic problems worth exploring "Andy \"Krazy\" Glew" <andy@SPAM.comp-arch.net> - 2011-05-11 14:04 -0700
            Re: Computer arithmetic problems worth exploring "Andy \"Krazy\" Glew" <andy@SPAM.comp-arch.net> - 2011-05-11 14:06 -0700
          Re: Computer arithmetic problems worth exploring "Andy \"Krazy\" Glew" <andy@SPAM.comp-arch.net> - 2011-05-11 13:55 -0700
            Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-11 22:15 +0100
              Re: Computer arithmetic problems worth exploring Tom Gardner <spamjunk@blueyonder.co.uk> - 2011-05-12 20:52 +0100
                Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-12 20:20 +0100
                Re: Computer arithmetic problems worth exploring Quadibloc <jsavard@ecn.ab.ca> - 2011-05-12 14:55 -0700
                Re: Computer arithmetic problems worth exploring Terje Mathisen <"terje.mathisen at tmsw.no"> - 2011-05-13 12:25 +0200
                Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-13 11:18 +0100
                Re: Computer arithmetic problems worth exploring "Andy \"Krazy\" Glew" <andy@SPAM.comp-arch.net> - 2011-05-14 13:19 -0700
                Re: Computer arithmetic problems worth exploring Quadibloc <jsavard@ecn.ab.ca> - 2011-05-14 19:11 -0700
              Re: Computer arithmetic problems worth exploring "Andy \"Krazy\" Glew" <andy@SPAM.comp-arch.net> - 2011-05-12 20:08 -0700
            Re: Computer arithmetic problems worth exploring Jason Riedy <jason@lovesgoodfood.com> - 2011-05-12 23:54 -0400
        Re: Computer arithmetic problems worth exploring George Neuner <gneuner2@comcast.net> - 2011-05-12 01:08 -0400
          Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-12 09:27 +0100
            Re: Computer arithmetic problems worth exploring Quadibloc <jsavard@ecn.ab.ca> - 2011-05-12 05:41 -0700
              Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-12 13:22 +0100
                Re: Computer arithmetic problems worth exploring Quadibloc <jsavard@ecn.ab.ca> - 2011-05-12 07:22 -0700
                Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-12 14:58 +0100
                Re: Computer arithmetic problems worth exploring MitchAlsup <MitchAlsup@aol.com> - 2011-05-12 09:23 -0700
                Non-constant initializers Fred the Freshwater Catfish <usenet.fred@bdtd.invalid> - 2011-05-12 22:59 +0000
                Re: Non-constant initializers Ian Collins <ian-news@hotmail.com> - 2011-05-13 11:07 +1200
                Re: Non-constant initializers Fred the Freshwater Catfish <usenet.fred@bdtd.invalid> - 2011-05-12 23:17 +0000
                Re: Non-constant initializers Ian Collins <ian-news@hotmail.com> - 2011-05-13 11:20 +1200
                Re: Non-constant initializers Fred the Freshwater Catfish <usenet.fred@bdtd.invalid> - 2011-05-12 23:30 +0000
                Re: Non-constant initializers Ian Collins <ian-news@hotmail.com> - 2011-05-13 11:34 +1200
                Re: Non-constant initializers Keith Thompson <kst-u@mib.org> - 2011-05-12 16:52 -0700
                Re: Non-constant initializers Fred the Freshwater Catfish <usenet.fred@bdtd.invalid> - 2011-05-14 00:13 +0000
                Re: Non-constant initializers kym@kymhorsell.com - 2011-05-14 01:54 +0000
                Re: Non-constant initializers Columbus sailed the ocean China Blue <chine.bleu@yahoo.com> - 2011-05-14 01:07 -0700
                Re: Non-constant initializers kym@kymhorsell.com - 2011-05-14 09:22 +0000
                Re: Non-constant initializers Fred the Freshwater Catfish <usenet.fred@bdtd.invalid> - 2011-05-14 17:14 +0000
                Re: Non-constant initializers Fred the Freshwater Catfish <usenet.fred@bdtd.invalid> - 2011-05-14 00:11 +0000
                Re: Non-constant initializers Columbus sailed the ocean China Blue <chine.bleu@yahoo.com> - 2011-05-12 16:15 -0700
                Re: Non-constant initializers Fred the Freshwater Catfish <usenet.fred@bdtd.invalid> - 2011-05-12 23:28 +0000
                Re: Non-constant initializers Joe Pfeiffer <pfeiffer@cs.nmsu.edu> - 2011-05-12 18:01 -0600
                Re: Non-constant initializers Keith Thompson <kst-u@mib.org> - 2011-05-12 18:15 -0700
                Re: Non-constant initializers Joe Pfeiffer <pfeiffer@cs.nmsu.edu> - 2011-05-12 22:56 -0600
                Re: Non-constant initializers Seebs <usenet-nospam@seebs.net> - 2011-05-13 05:18 +0000
                Re: Non-constant initializers Fred the Freshwater Catfish <usenet.fred@bdtd.invalid> - 2011-05-13 23:57 +0000
            Re: Computer arithmetic problems worth exploring "Andy \"Krazy\" Glew" <andy@SPAM.comp-arch.net> - 2011-05-12 20:20 -0700
              Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-13 09:48 +0100
                Re: Computer arithmetic problems worth exploring Terje Mathisen <"terje.mathisen at tmsw.no"> - 2011-05-13 12:55 +0200
                Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-13 11:25 +0100
                Re: Computer arithmetic problems worth exploring MitchAlsup <MitchAlsup@aol.com> - 2011-05-13 08:57 -0700
                Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-13 16:42 +0100
                Re: Computer arithmetic problems worth exploring MitchAlsup <MitchAlsup@aol.com> - 2011-05-13 13:17 -0700
                Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-13 21:03 +0100
                Re: Computer arithmetic problems worth exploring Terje Mathisen <"terje.mathisen at tmsw.no"> - 2011-05-14 06:43 +0200
                Re: Computer arithmetic problems worth exploring Tom Gardner <spamjunk@blueyonder.co.uk> - 2011-05-14 06:55 +0100
                Re: Computer arithmetic problems worth exploring "Ken Hagan" <k.hagan@thermoteknix.com> - 2011-05-17 12:59 +0100
                Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-17 12:44 +0100
                Re: Computer arithmetic problems worth exploring Tom Gardner <spamjunk@blueyonder.co.uk> - 2011-05-17 14:07 +0100
                Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-17 17:20 +0100
                Re: Computer arithmetic problems worth exploring "Ken Hagan" <k.hagan@thermoteknix.com> - 2011-05-17 15:03 +0100
                Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-14 08:43 +0100
                Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-14 09:17 +0100
                Re: Computer arithmetic problems worth exploring Stephen Fuld <SFuld@alumni.cmu.edu.invalid> - 2011-05-14 09:04 -0700
                Re: Computer arithmetic problems worth exploring "Andy \"Krazy\" Glew" <andy@SPAM.comp-arch.net> - 2011-05-14 17:00 -0700
                Re: Computer arithmetic problems worth exploring "Andy \"Krazy\" Glew" <andy@SPAM.comp-arch.net> - 2011-05-14 16:58 -0700
                Re: Computer arithmetic problems worth exploring Quadibloc <jsavard@ecn.ab.ca> - 2011-05-14 19:07 -0700
                Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-15 09:40 +0100
                Re: Computer arithmetic problems worth exploring Terje Mathisen <"terje.mathisen at tmsw.no"> - 2011-05-16 11:05 +0200
                Re: Computer arithmetic problems worth exploring Quadibloc <jsavard@ecn.ab.ca> - 2011-05-16 06:44 -0700
                Re: Computer arithmetic problems worth exploring mac <acolvin@efunct.com> - 2011-05-19 20:17 +0000
                Re: Computer arithmetic problems worth exploring Quadibloc <jsavard@ecn.ab.ca> - 2011-05-19 15:20 -0700
                Re: Computer arithmetic problems worth exploring George Neuner <gneuner2@comcast.net> - 2011-05-19 18:51 -0400
                Re: Computer arithmetic problems worth exploring Petter Gustad <newsmailcomp6@gustad.com> - 2011-05-20 08:01 +0200
                Re: Computer arithmetic problems worth exploring "Andy \"Krazy\" Glew" <andy@SPAM.comp-arch.net> - 2011-05-20 15:09 -0700
                Re: Computer arithmetic problems worth exploring Terje Mathisen <"terje.mathisen at tmsw.no"> - 2011-05-20 08:54 +0200
                Re: Computer arithmetic problems worth exploring "Ken Hagan" <k.hagan@thermoteknix.com> - 2011-05-23 11:11 +0100
                Re: Computer arithmetic problems worth exploring George Neuner <gneuner2@comcast.net> - 2011-05-23 18:20 -0400
                Re: Computer arithmetic problems worth exploring Morten Reistad <first@last.name> - 2011-06-03 08:21 +0200
                Re: Computer arithmetic problems worth exploring Stephen Fuld <SFuld@alumni.cmu.edu.invalid> - 2011-05-19 13:31 -0700
                Re: Computer arithmetic problems worth exploring Stephen Fuld <SFuld@alumni.cmu.edu.invalid> - 2011-05-16 09:05 -0700
                Re: Computer arithmetic problems worth exploring Terje Mathisen <"terje.mathisen at tmsw.no"> - 2011-05-16 22:37 +0200
                Re: Computer arithmetic problems worth exploring Stephen Fuld <SFuld@alumni.cmu.edu.invalid> - 2011-05-18 23:16 -0700
                Re: Computer arithmetic problems worth exploring ChrisQ <meru@devnull.com> - 2011-05-17 17:10 +0100
                Re: Computer arithmetic problems worth exploring Tom Gardner <spamjunk@blueyonder.co.uk> - 2011-05-17 17:27 +0100
                Re: Computer arithmetic problems worth exploring ChrisQ <meru@devnull.com> - 2011-05-17 23:08 +0100
                Re: Computer arithmetic problems worth exploring Tom <tggzzz@blueyonder.co.uk> - 2011-05-17 22:37 +0000
                Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-18 09:25 +0100
                Re: Computer arithmetic problems worth exploring Quadibloc <jsavard@ecn.ab.ca> - 2011-05-18 06:25 -0700
                Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-18 14:06 +0100
                Re: Computer arithmetic problems worth exploring Tom Gardner <spamjunk@blueyonder.co.uk> - 2011-05-18 19:23 +0100
                Re: Computer arithmetic problems worth exploring Quadibloc <jsavard@ecn.ab.ca> - 2011-05-18 13:48 -0700
                Re: Computer arithmetic problems worth exploring Andrew Reilly <areilly---@bigpond.net.au> - 2011-05-19 00:29 +0000
                Re: Computer arithmetic problems worth exploring "Ken Hagan" <k.hagan@thermoteknix.com> - 2011-05-19 13:12 +0100
                Re: Computer arithmetic problems worth exploring Stephen Fuld <SFuld@alumni.cmu.edu.invalid> - 2011-05-18 23:27 -0700
                Re: Computer arithmetic problems worth exploring Quadibloc <jsavard@ecn.ab.ca> - 2011-05-19 15:19 -0700
                Re: Computer arithmetic problems worth exploring Stephen Fuld <SFuld@alumni.cmu.edu.invalid> - 2011-05-20 07:33 -0700
                Re: Computer arithmetic problems worth exploring Michael S <already5chosen@yahoo.com> - 2011-05-16 03:14 -0700
                Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-16 10:43 +0100
                Re: Computer arithmetic problems worth exploring Michael S <already5chosen@yahoo.com> - 2011-05-16 04:58 -0700
                Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-16 12:40 +0100
                Re: Computer arithmetic problems worth exploring MitchAlsup <MitchAlsup@aol.com> - 2011-05-15 10:12 -0700
                Re: Computer arithmetic problems worth exploring "Andy \"Krazy\" Glew" <andy@SPAM.comp-arch.net> - 2011-05-14 13:22 -0700
                Re: Computer arithmetic problems worth exploring nmm1@cam.ac.uk - 2011-05-15 09:02 +0100
                Re: Computer arithmetic problems worth exploring "Andy \"Krazy\" Glew" <andy@SPAM.comp-arch.net> - 2011-05-14 14:02 -0700
          Re: Computer arithmetic problems worth exploring "Andy \"Krazy\" Glew" <andy@SPAM.comp-arch.net> - 2011-05-12 20:18 -0700
      Re: Computer arithmetic problems worth exploring Robert Myers <rbmyersusa@gmail.com> - 2011-05-09 14:32 -0700
        Re: Computer arithmetic problems worth exploring "Andy \"Krazy\" Glew" <andy@SPAM.comp-arch.net> - 2011-05-09 16:08 -0700

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