:) how about when the algorithm has the ability to evolve depending on the situation at hand?
> I did a stint in the treasury department of a bank and also thought > algorithms were a good idea. Some fuzzy logic to detect market > trends and a good rule base (prolog?) to handle decisions. But there is a > problem when all the other traders are human and they decide > to, "game" the system. I have seen it happen before! The problem with > algorithms is that the market is in constant flux. > > As a science project, coding such an app would be fun but unfortunately it > requires more economists than computer programmers. > Reminds me, do you guys giggle when watching "Numb3rs"? if numb3rs was > factual then the aforementioned algorithms would be more prevalent. > > > > From: [email protected] [mailto:[email protected]] On Behalf > Of > Simon Vass > Sent: Friday, 09 November, 2012 12:00 > To: Uganda Linux User Group > Subject: Re: [LUG] [OT] Brave New World > > > > Lately I think I would have had faith in a Hollywood actor stuck inside > the > engine bay an 80's car to make better choices that some of these so called > Traders. > > > > > > On 9 November 2012 11:56, Richard Obore <[email protected] > <mailto:[email protected]> > wrote: > > Very interesting! > But even if its the KITT [http://knightrideronline.com/], i expect pain... > > Here's the 1 page summary of a related sob story i've been following: > http://www.forbes.com/sites/halahtouryalai/2012/08/06/knight-capital-the-ide > al-way-to-screw-up-on-wall-street/ > > Poor rich banksters! > > R. > > > > On Fri, Nov 9, 2012 at 10:31 AM, Paul Bagyenda <[email protected] > <mailto:[email protected]> > wrote: > > Algorithms are cheaper than human traders. Apparently: > > > > http://business.financialpost.com/2012/11/07/ubs-fires-trader-replaces-him-w > ith-computer-algorithm/ > > > > _______________________________________________ > The Uganda Linux User Group: http://linux.or.ug > > Send messages to this mailing list by addressing e-mails to: > [email protected] > <mailto:[email protected]> > Mailing list archives: http://www.mail-archive.com/[email protected]/ > Mailing list settings: http://kym.net/mailman/listinfo/lug > To unsubscribe: http://kym.net/mailman/options/lug > > The Uganda LUG mailing list is generously hosted by INFOCOM: > http://www.infocom.co.ug/ > > The above comments and data are owned by whoever posted them (including > attachments if any). The mailing list host is not responsible for them in > any way. > > > > _______________________________________________ > The Uganda Linux User Group: http://linux.or.ug > > Send messages to this mailing list by addressing e-mails to: > [email protected] > <mailto:[email protected]> > Mailing list archives: http://www.mail-archive.com/[email protected]/ > Mailing list settings: http://kym.net/mailman/listinfo/lug > To unsubscribe: http://kym.net/mailman/options/lug > > The Uganda LUG mailing list is generously hosted by INFOCOM: > http://www.infocom.co.ug/ > > The above comments and data are owned by whoever posted them (including > attachments if any). The mailing list host is not responsible for them in > any way. > > > > > > > > -- > Simon Vass > > Managing Director > > E-Tech Uganda Ltd > > http://www.etech.ug > > Tel: +256 (0) 312260620 > > Email: [email protected] <mailto:[email protected]> > > > > > > _______________________________________________ > The Uganda Linux User Group: http://linux.or.ug > > Send messages to this mailing list by addressing e-mails to: > [email protected] > Mailing list archives: http://www.mail-archive.com/[email protected]/ > Mailing list settings: http://kym.net/mailman/listinfo/lug > To unsubscribe: http://kym.net/mailman/options/lug > > The Uganda LUG mailing list is generously hosted by INFOCOM: > http://www.infocom.co.ug/ > > The above comments and data are owned by whoever posted them (including > attachments if any). The mailing list host is not responsible for them in > any way. _______________________________________________ The Uganda Linux User Group: http://linux.or.ug Send messages to this mailing list by addressing e-mails to: [email protected] Mailing list archives: http://www.mail-archive.com/[email protected]/ Mailing list settings: http://kym.net/mailman/listinfo/lug To unsubscribe: http://kym.net/mailman/options/lug The Uganda LUG mailing list is generously hosted by INFOCOM: http://www.infocom.co.ug/ The above comments and data are owned by whoever posted them (including attachments if any). The mailing list host is not responsible for them in any way.
