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Meet The People Behind The Vacuum Tubes In The World's Largest HFT Shop

Tyler Durden's picture





 

A rare glimpse inside "probably the world's biggest" 'market-maker' GETCO as it provides estimates of over 20% of 'liquidity' to the daly trading volume on US stocks. Meet the people that stand ready to feed the machines (oh wait) that stand ready at all times (except when most needed) to bid or ask...

 

The New York GES Trading Floor

The newly built trading floor that houses the GES Team is a few months old and just a five-minute walk from the New York Stock Exchange. A team of 19 to 25 traders and service providers work on this floor – depending on projects that require travel. The trading floor has several open positions for growth and sports a video conferencing system called Always On so that employees can see their counterparts in the GetCo London and Chicago offices.

 

Global Head of client services...

 

M.D. and Head of Sales... pavlovian bell-ringer?

"It’s a 30,000-foot view of the sales side. These guys watch other systems and look at order types. That means that they have a lot of alerts in their sights," he says. "If a call goes down, it rings a bell; if a customer is out, it rings a bell. If something crazy happens to a destination we route to it rings a bell." Once the bell rings, does this mean Drew and his team spring into action? It depends, he says. "The team is so small and that means that everyone lends a hand. If these two guys are certifying a trade with someone, the phone rings and we can jump on it," he says.

 

Senior Accounting Analyst.. part Borg "I live in Excel"?

 

But its not just stocks - here is the Fixed Income Sales Director

"Part of my job is not only being able to integrate with the end user from a technology perspective but also to be able to understand our flow and make sure it is respectable and customizable for the end user,"

 

Offense! The Coder...

 

Defense! Corporate Relations...

 

GETCO on the NYSE Trading Floor

With more than 850 listed companies in its roster, GETCO is the second largest Designated Market Maker (DMM) on the floor of the New York Stock Exchange. There are 21 locations or stations inside the GETCO booth, where 21 DMMs monitor the stock prices of the companies represented by GETCO.

 

The DMMs hard at work...

 

and behind the scenes...

 

Source: Advanced Trading

 


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Wed, 10/10/2012 - 09:05 | Link to Comment SeverinSlade
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Destroying all confidence in the financial markets with the click of a mouse at a PC terminal.

Wed, 10/10/2012 - 09:06 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

Smoked in 0.000002 seconds.

 

Wed, 10/10/2012 - 09:16 | Link to Comment Thomas
Thomas's picture

Nice touch--faces of pleasant humans to make it all seem so normal.

Wed, 10/10/2012 - 09:20 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

Half of them actually do function.....believe it or not.

 

Wed, 10/10/2012 - 09:27 | Link to Comment fightthepower
fightthepower's picture

Good to put a face with the name. 

Wed, 10/10/2012 - 09:35 | Link to Comment Manthong
Manthong's picture

Hmm..

So how effective and productive are these smiling units of the collective if you sever their link to the mother ship?

Wed, 10/10/2012 - 09:46 | Link to Comment francis_sawyer
francis_sawyer's picture

For the record... I'm the guy BEHIND the guy behind the vacuum tubes...

~~~

http://www.youtube.com/watch?v=STjkQk7zedw

Wed, 10/10/2012 - 10:53 | Link to Comment franzpick
franzpick's picture

Careful, nature abhors a vacuum tube.

Wed, 10/10/2012 - 11:09 | Link to Comment Thomas
Thomas's picture

Check their necks for pods.

 

True story: I dreamed I was a pod person. (I have a sleep disorder; dreams can be special.) I wake up and for an ever so brief moment I find myself thinking, "I don't have to go to work cause I am a pod person." Related: My wife, while sleeping, opens her eyes the other night and says, "I wasn't talking in my sleep until I opened my mouth" and then closed her eyes. Message: Stop fluoridation of the water!

Wed, 10/10/2012 - 09:38 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

.

Good to put a face with the name.

They have bright futures as lamp post adornments.

Wed, 10/10/2012 - 10:40 | Link to Comment ChacoFunFact
ChacoFunFact's picture

they didn't build that

Wed, 10/10/2012 - 09:31 | Link to Comment Sir Edge
Sir Edge's picture

Your Account Will Be Assimilated...

Wed, 10/10/2012 - 09:34 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

Crap.....it's Jon!

 

Wed, 10/10/2012 - 09:44 | Link to Comment ptoemmes
ptoemmes's picture

I didn't see anyone move - could be wax dummies.

Wed, 10/10/2012 - 11:42 | Link to Comment earleflorida
earleflorida's picture

so... they must keep the pleasure models in the Utilitity vRooom--with all those smiley faces    http://www.southparkstudios.com/clips/154416/pleasure-model

Wed, 10/10/2012 - 12:13 | Link to Comment YungHungAndLegal
YungHungAndLegal's picture

Fixed income sales director...i'd like to integrate her end...

Wed, 10/10/2012 - 12:23 | Link to Comment ATM
ATM's picture

I'd much prefer the naughty Senior Accounting Anal-yst

Thu, 10/11/2012 - 04:04 | Link to Comment Moonrajah
Moonrajah's picture

I'd be careful about that anal yeast, if I were you, man.

Wed, 10/10/2012 - 09:18 | Link to Comment Dr. No
Dr. No's picture

Its all engineered to take peoples money.  Which is fine.  Except the big loosers cry to their congressman to get bailed out we end up paying.

 

"That HFT Terminal is out there.  It can't be bargained with, it can't be reasoned with.  It doesn't feel pity or remorse or fear and it absolutely will not stop, ever, until you are broke."

Wed, 10/10/2012 - 13:14 | Link to Comment mtomato2
mtomato2's picture

Excellent quote grab...

 

I'll be back.

Wed, 10/10/2012 - 09:20 | Link to Comment lunar
lunar's picture

High-Frequency Trade Drones

Wed, 10/10/2012 - 10:34 | Link to Comment Carl Spackler
Carl Spackler's picture

True.

I got a kick out of the pictures and Tyler's captions, especially "Offense" and "Defense"...GENIUS !

Wed, 10/10/2012 - 09:21 | Link to Comment slaughterer
slaughterer's picture

OT: ZH: please cover the drop of several PIMCO closed end funds to their NAV. They got and will be getting "TVIXed" quite massively.  

Wed, 10/10/2012 - 09:27 | Link to Comment resurger
resurger's picture

i got a call from a trading firm to buy "Carbon Credit" and its trading on some Commodity Trading Exchange!

reminds me of John Paulson GS ABX!

 

Wed, 10/10/2012 - 09:06 | Link to Comment Cunnial
Cunnial's picture

FUCK HFT! FUCK THE BORGS!

Wed, 10/10/2012 - 09:25 | Link to Comment CvlDobd
CvlDobd's picture

Resistance is futile!

Wed, 10/10/2012 - 09:06 | Link to Comment fuu
fuu's picture

I see fat people, they must be poor.

Wed, 10/10/2012 - 09:08 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

If you po......they'll give you food stamps.

Wed, 10/10/2012 - 09:12 | Link to Comment Beam Me Up Scotty
Beam Me Up Scotty's picture

Don't forget the OBAMAFON

Wed, 10/10/2012 - 09:14 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

I'm hooked up.....give me a call.

 

Wed, 10/10/2012 - 11:50 | Link to Comment Common_Cents22
Common_Cents22's picture

obama to obamafonidiots:  call me in nov, maybe.

Wed, 10/10/2012 - 09:06 | Link to Comment Neethgie
Neethgie's picture

They have killed their own market, by stealing from people volumes have become anemic, pretty sure people will want to trade none bs markets in future.

Wed, 10/10/2012 - 09:07 | Link to Comment SGS
SGS's picture

Can we get this crash overwith already so I can go bang my wife?

Wed, 10/10/2012 - 09:08 | Link to Comment JPM Hater001
JPM Hater001's picture

So your wife is free right now?

gotta go...

Wed, 10/10/2012 - 09:13 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

Know when to walk away.....and know when to run.

 

Wed, 10/10/2012 - 09:19 | Link to Comment Alpo for Granny
Alpo for Granny's picture

Hey I was here first!

Wed, 10/10/2012 - 10:55 | Link to Comment unrulian
unrulian's picture

who bangs their wife?...that's gross

Wed, 10/10/2012 - 09:07 | Link to Comment JPM Hater001
JPM Hater001's picture

Someday we will see an article about the guy who wrote the program that then created the algo...

Oh wait...

Wed, 10/10/2012 - 09:16 | Link to Comment Cunnial
Cunnial's picture

Didn't you mean: Someday we will see an article about the algo who wrote the program that created the guy?

Wed, 10/10/2012 - 09:39 | Link to Comment LawsofPhysics
LawsofPhysics's picture

And precisely what product of real value to society are these schmucks providing again?  Well, I can see that at least two of them will easily find work in the red light district when the system consumes itself.  Don't be hate the players sheeple, get off your ass and change the game.

Wed, 10/10/2012 - 09:39 | Link to Comment icanhasbailout
icanhasbailout's picture

at least one of them will be working the brown paper bag district

Wed, 10/10/2012 - 09:40 | Link to Comment Lebensphilosoph
Lebensphilosoph's picture

One anyway ...

Wed, 10/10/2012 - 09:41 | Link to Comment Lebensphilosoph
Lebensphilosoph's picture

4 HFT zombies downvoted this.

Wed, 10/10/2012 - 09:43 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

Not yet.....not sure what the problem is....

Wed, 10/10/2012 - 11:54 | Link to Comment Common_Cents22
Common_Cents22's picture

LIQUIDITY of course!!!   Like a boxer who can punch 10x a second taking on a boxer who can punch 1x a second.   The faster boxer is just providing 10x liquidity, never letting you get a shot in while he pummels your face.     the flaw in this is that a box probably earned the right to punch 10x by training, but HFT is just plain structured stealing.

How hard would it be to put in latency/trading speed curbs?   Kind of like Nascar trying to keep all the car specs equal so they race on somewhat even terms.

Wed, 10/10/2012 - 09:11 | Link to Comment Winston Churchill
Winston Churchill's picture

Asimov's three laws of robotics totally ignored.

Wed, 10/10/2012 - 09:12 | Link to Comment kill switch
kill switch's picture

Gotta love the asshole with the polo shirt!!!! What a heart warming train of photos...Doing GOD'S work....

Wed, 10/10/2012 - 09:14 | Link to Comment Dr. No
Dr. No's picture

"It was shattered [the cpu]... didn't work. But it gave us ideas, It took us in new directions... things we would never have thought of. All this work is based on it."

Wed, 10/10/2012 - 09:16 | Link to Comment sabra1
Wed, 10/10/2012 - 10:23 | Link to Comment tip e. canoe
tip e. canoe's picture

from the video summary:

Get all your Youngevity Products such as Beyond Tangy Tangerine, the Alex Pack and Pollen Burst. These supplements are a great way to get your essentials vitamins, minerals, amino acids, and other beneficial nutrients!

maybe i'm bit too critical, but the Alex Pack doesn't look like it's working too well on Alex.

Wed, 10/10/2012 - 10:49 | Link to Comment tip e. canoe
tip e. canoe's picture

snark aside, it's actually a good interview if you can stomach AJ constantly tootin his own horn.   thanks for sharing.

the FED buying all the mortgages makes a lot of sense actually.   figure they already technically "own" all the US gold (via gold certificates), so might as well buy all the land (via MBS) as well.    who would thunk that paper does really smother rock?

Wed, 10/10/2012 - 09:18 | Link to Comment Don Diego
Don Diego's picture

nice display of tapir-nosed individuals.

Disclosure: long rhinoplasty surgeons.

Wed, 10/10/2012 - 09:42 | Link to Comment Unholy Dalliance
Unholy Dalliance's picture

*

Wed, 10/10/2012 - 09:43 | Link to Comment Lebensphilosoph
Lebensphilosoph's picture

Just these Jews ... just these Jews.

Wed, 10/10/2012 - 09:43 | Link to Comment Lebensphilosoph
Lebensphilosoph's picture

Rhinoplasty? Looks as if M.D. and Head of Sales has already gone there ...

Wed, 10/10/2012 - 10:12 | Link to Comment otto skorzeny
otto skorzeny's picture

the profile shot of them at their trade stations looks like it could be a Tel Aviv internet cafe.

Wed, 10/10/2012 - 09:18 | Link to Comment TideFighter
TideFighter's picture

Funny. I did triple years at Bear Stearns. Our starting lineup was bigger than the Packers Offensive Line. Our pool party looked like a bunch of Walruses broke down the gate and made their way to the pool. When we lit farts (c'mon traders, you know), we had to be careful we didn't burn paint off the walls. Company shirts in two sizes, XXL $ XXXL.  

Wed, 10/10/2012 - 10:21 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

I partied (sort of) with a trader from Bear Stearns.  Towering type of guy who touches you a lot when he's drunk with the pointy parts of his hands, and only laughs when he has food in his mouth.  I didn't know he was part of a pattern.

Wed, 10/10/2012 - 09:20 | Link to Comment Meesohaawnee
Meesohaawnee's picture

and we put the hottie there. as if we needed another reminder of more sources of capital destruction..which one is worse. HFTs or poonie?

Wed, 10/10/2012 - 09:21 | Link to Comment resurger
resurger's picture

The Fixed Income trader is a yid 100%

Wed, 10/10/2012 - 09:47 | Link to Comment buzzsaw99
buzzsaw99's picture

A cup of coffee and a roll of TP. Classy.

Wed, 10/10/2012 - 10:16 | Link to Comment otto skorzeny
otto skorzeny's picture

she's got the drips from all that coke

Wed, 10/10/2012 - 10:24 | Link to Comment CloseToTheEdge
CloseToTheEdge's picture

noticed that too...they eat an drink where they shit

Wed, 10/10/2012 - 09:41 | Link to Comment AG BCN
AG BCN's picture

poonie wins hands down and Spanish poonie is the most dangerous of all the poonies, that said I have also witnessed the Ukranian and Phillipine poonie reek great damage upon man.

Wed, 10/10/2012 - 09:20 | Link to Comment resurger
resurger's picture

Can i have a fill on 3,000,0000,000,000 AAPL shares at 612.0032, and a sell order at 612.0033

thnx GETCO, ur the best

Wed, 10/10/2012 - 09:21 | Link to Comment spastic_colon
spastic_colon's picture

does GETCO stand for something like GEICO that starts with "Government Employee......"

Wed, 10/10/2012 - 09:32 | Link to Comment Dr. No
Dr. No's picture

"GETCO" as in "Get Corp"  as in Get other peoples money and shield liability behind a corporation.

Wed, 10/10/2012 - 09:27 | Link to Comment Brother Sebastian
Brother Sebastian's picture

No "people of color" on the GETCO staff?  Quick, notify Jesse Jackson or Al Sharpton.   

Wed, 10/10/2012 - 09:28 | Link to Comment toomanyfakecons...
toomanyfakeconservatives's picture

Reminding us that there is zero productive/constructive merit in financial witchcraft.

Wed, 10/10/2012 - 09:29 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

Notice that the human borg need good lumbar support.

A fatal weakness if you ask me.

Wed, 10/10/2012 - 09:30 | Link to Comment insanelysane
insanelysane's picture

"....a video conferencing system called Always On so that employees can see their counterparts in the GetCo London and Chicago offices"

Forgot to mention that it doesn't record so you can't get caught in those pesky email and im archives like Lieborgate, et al.

Wed, 10/10/2012 - 09:31 | Link to Comment ThisIsBob
ThisIsBob's picture

So far, so far.  Looks like a room full of winners.  Unlike some rooms we know...

Wed, 10/10/2012 - 09:49 | Link to Comment Lebensphilosoph
Lebensphilosoph's picture

Is winner synonymous with wanker?

Wed, 10/10/2012 - 09:33 | Link to Comment insanelysane
insanelysane's picture

Drew,

The bells ringing.  One of your masters wants a coffee and needs someone to polish his knob.

Wed, 10/10/2012 - 09:34 | Link to Comment SanOvaBeach
SanOvaBeach's picture

Look at all the HFT scum assholes disgusted as normal people........

Wed, 10/10/2012 - 09:40 | Link to Comment Miss Expectations
Miss Expectations's picture

They do look like normal people.  I keep wondering how Janet Napolitano keeps getting away with it.

Wed, 10/10/2012 - 09:46 | Link to Comment Ralph Spoilsport
Ralph Spoilsport's picture

These people don't even rate having a cube? Better for morale I guess.

 

Wed, 10/10/2012 - 09:47 | Link to Comment BrigstockBoy
BrigstockBoy's picture

Now they just need the Blue Fairy to come along and turn them into real people...

Wed, 10/10/2012 - 09:51 | Link to Comment CPL
CPL's picture

Developer has ubuntu 10.10 installed,

the second guy in in the second picture doesn't type very well or hes got a slow machine because everyone's box is on and it's stuck at the Windows 7 Log in.

They are using Open Office, all the spreadsheets open in pictures have nothing in them

The Senior Analyst is technoogically retarded and is the only one using Microsoft query maker...as a Senior...really.

Fixed income sales director need to run her updates...so there is no central software security management or patch management of any kind.  Good.

 

 

Thanks Tylers!  Understand these people make money but don't really spend any of it on their infrastructure except with their fuck around toy.  That's one of the dumbest places to be.  All drivers and no car.

 

Wed, 10/10/2012 - 09:53 | Link to Comment Ralph Spoilsport
Ralph Spoilsport's picture

What kind of display are you using? I can't see shit on those screens.

Wed, 10/10/2012 - 10:04 | Link to Comment CPL
CPL's picture

Use tinypic and google images to find source, reverse look up...as I mentioned they don't have any offense or defense where it counts.  Besides use your eyes.  Hand full of pictures and about a minute of time is all it takes for an Old, experienced Engineering IT Merc to find eight holes in the perimeter and IT security.  These people, again, have money...LOTS of money.  Yet they are modeled like A FUCKING START UP DOTCOM OPERATION.

 

Maybe they would like to buy some experience and some weapons and real defensive measures to actually defend their tiny financial island?

 

That's where your money is people.  In their hands.

Wed, 10/10/2012 - 10:09 | Link to Comment Oh regional Indian
Oh regional Indian's picture

Ralph, CPL is the local ZH hacker/Anon code genius. He can "see".

Quick, put some masking tape on your webcam!

ori

Wed, 10/10/2012 - 10:10 | Link to Comment CPL
CPL's picture

I haven't don't that in forever and it was to show the G+ community how insecure it was with their permission.  It was fun though.

Wed, 10/10/2012 - 10:38 | Link to Comment Oh regional Indian
Oh regional Indian's picture

Just had an interesting thought CPL...

Visualize the same trading floor from 30 years back and now. Then it was all waving arms and jostling bodies and scraps of paper everywhere.

Look now, all clean and calm.

Machines, in their evolution swallowed the outer chaos in their core(s). Then they ramped it up, as their processing power increased. To a degree flailing arms and the whole human drama could nevver have done.

So calm. Just like the inside of a RR, which has, under layer upon layer of "dampers", 8 or 12 cylinders exploding, gears gnashing, pumps.....noise....

Inside...... "The only thing you can hear is the clock on the dash".

We are trapped inside the machine, even though it looks other-wise.

Time for the Butlerian Jihad...

http://aadivaahan.wordpress.com/2010/06/16/time-faster-now/

ori

Wed, 10/10/2012 - 10:16 | Link to Comment Ralph Spoilsport
Ralph Spoilsport's picture

I gathered that he was l33t hax0r from his posts. Impressive. I gotta get back in the game but I started with FORTRAN 77 on RSX-11M.

 

Wed, 10/10/2012 - 10:35 | Link to Comment CPL
CPL's picture

Computer languages are cash and carry, I have about twenty under my belt.  Find one that you can pick up quickly, then figure out how you can get it to talk to a piece of hardware.  You've got Fortran 77 so you're already familiar with the brutal annoyances of inbuilt limitations.  I would play with Perl and Ruby on Rails.  Both are designed to be absorbed quickly and it's API is a veritable swiss army knife of tools to hammer out something quick. 

 

CPU speed's today are so fast and the API's available are nearly infintely tweaked for speed and buglessness, hard to fault something that has the true hive mind working on it.  If something doesn't work, the debuggers actually tell you how to write better code to make it work faster.  Both languages are suitably lawless to make nearly anything you can think of and talk to any device on the planet if it's got a vendor reference.

http://www.pcidatabase.com/

It's not sexy, but it's how you get machines to talk to a CPU.  Toaster, Tank, Car or even the LHC in switzerland.  All have a piece of themselves in here somewhere that makes things "go".

Wed, 10/10/2012 - 11:00 | Link to Comment Ralph Spoilsport
Ralph Spoilsport's picture

I've been doing this since 1976 and am semi-retired. Just a luser now. MUMPS was my least favorite to work with:

http://en.wikipedia.org/wiki/MUMPS

 

 

Wed, 10/10/2012 - 12:12 | Link to Comment CPL
CPL's picture

Then you'll love Ruby on Rails using Perl to manage Data.  MUMPS...lol!  It's still being used in US and Canadian facilities.  I don't miss any of them.  Actually if you have Cobol all government collection agencies would love your input.  The dot.com patch ran out on them last year and returns for dead people are over due now....long over due, like 1910 type of problem.  Savvy brother?  Yeah, we fixed Y2K for them with a 13 year patch promise, well a decade later, no migration was done where it counted because dot/com blew up.

 

Dumb fucks continued to build internal tools hanging off a tax DB that isn't useful.  So if you want to bill for 2k a day.  Just scan the IT head shops in the tristate area and Ottawa/Maniwaki.  So as an added benefit to the current mess of retarded politicos making tax plans.

 

Well most of the people are dead.  Look at how many people filed last year versus those actually working.  Nearly a 20% deviation, because the total working population was around 20% in size in relation to the current population.

 

The taxes collected are as phony as a three dollar bill because nobody knows how to manage the collosal Cobal systems and their DB2/Oracle shit tier databases run by civil servants.  Not to fault the poor bastards taking care of these things.  It's just the technology is 20 years old.  To find a master of them would require a shovel and a graveyard, because most of those I knew that did it are dead or eating paste in a nursing home somewhere.

 

Like russia, reliance on tech that is "magic" to 99% of the population is how we collapse.  People fail to remember the tools and how they are built.  Anything else offered is pure Science fiction. 

 

As a IT Statesman Ralph, you could make some decent bank working for what is like breathing air to you.

Thu, 10/11/2012 - 06:49 | Link to Comment Ralph Spoilsport
Ralph Spoilsport's picture

One of the few friends near my age managing to get work full time is a COBOL guy who is really good at JCL. I did Y2K work in COBOL but it is something in my toolbox like MUMPS but not really my thing. I've done stints at the pre-merger Chase and also CitiBank, maintaining the creaky OS/2 systems used for check scanning and figuring out where they screwed up assigning the same load balancing number on a mixed Token Ring/Ethernet topology. Banks were not IT friendly places back then but I doubt it changed much in an environment where every other person is a Vice President.

I enjoy reading your posts because you still have enthusiasm and have stayed current. If I was working with someone like you it would really get me fired up once again. Keep up the good work!

Wed, 10/10/2012 - 10:09 | Link to Comment CPL
CPL's picture

The Open Office comment is because they don't have the BIG GAY MICROSOFT ribbon toolbar.  Unless they have Office 2003 installed, unlikely in a newer private sector that use the PC license that comes from Dell.

 

I know they have dells, Because all of their monitors in the pictures are the 24 inch Dells sold last year that came with their crappy blade thin client implimentations and the mid tier business desktops.

 

I've been doing this 25 years, three projects a year for 15 years, that company has no IT direction.  It's clownshoes.

Wed, 10/10/2012 - 10:26 | Link to Comment fuu
fuu's picture

So how can we take advantage of that?

Wed, 10/10/2012 - 11:00 | Link to Comment CPL
CPL's picture

You know one thing.

 

They are using Oracle 9 or better.  There is no ODBC connector for Open Office for earlier versions of Oracle.  And trying to get Open Office to behave with MS SQL is nearly impossible with the microsoft patch cycle.  It is easier getting tooth paste back into the tube instead of chasing a configuration management problem that is built to be systemic and continuously problematic (money/time sink hole)

 

For tearing the ass out of the HFT brain on their Oracle back end...If they bought the Dell COTs thin client package with the "security" (giggle) professional services (chortle).  There is a common thread in all the products you get from Dell, that POS "system management product" Open Manager...if you've got HP don't be thinking you are all that and a bag of chips either.  You inherited the worst of slackware, built by co-op students...and worse yet, the crappiest of SNMP hacking that touch all system with HP SIM and HP RDP.  I couldn't think of a bigger hole that was so badly represented and poorly packaged. 

People pay peanuts, expect the only thing that happens is you get elephants hiding on site.

People buy all this crap as appliances built by the lowest bidder and the cheapest there fore dumbest of the labour pool.  This HFT office has shown me it's open for business. 

  • Either my business as a Senior Pipe Hitting IT Thug Merc to help put some armour on them. 
  • Or the Next guy, who is more than likely better than I am (not kidding) because he doesn't have imagination and a sense of business ethics to protect people because it's good business.  That type of person has malice and greed to power them.

IT security is always a present danger situation.  Always.  Turn off your firewall and virus checker and go connect anywhere.  It would take maybe 20 seconds to catch something.  The reason for that.  The Greedy vicious type of asshole, even when they are caught their systems are usually still running or co-oped while they are in jail.  Nightmare trying to clean it up.  There's just so much of it and some of it is self replicating now.  :( 

Wed, 10/10/2012 - 11:11 | Link to Comment Rapada
Rapada's picture

You had me at chortle. . .

Wed, 10/10/2012 - 11:37 | Link to Comment fuu
fuu's picture

All that and we have their names too. Hmmmmmm.

Wed, 10/10/2012 - 11:45 | Link to Comment CPL
CPL's picture

I know. When the fat man opens the kimono we stare in open faced shock, not because there is something we need.

 

Again clown shoes IT management get that and they are running other people's money.

Wed, 10/10/2012 - 12:22 | Link to Comment fuu
fuu's picture

First initial, last name @ getco llc dot com.

Wed, 10/10/2012 - 12:56 | Link to Comment CPL
CPL's picture

I would even bet that their AD looks like it did when they ran the setup wizrad with some minor embellishments to make it slightly different.  Since I only seen a developer in the pcitures I bet any money he didn't harden the AD schema and nor did the appropriate security applications to it.  You can tell from looking at him he's been there for over a year and he gets Sunday off, look at the set of luggage under his eyes. 

  • Which means he's tired, over worked, probably paid well. He looks like my peers.  Too much too do and too few hands to do it.
  • Tired means mistakes though, some mornings there isn't enough coffee on the planet.
  • Means, there are more than likely security holes that took a back burner.

Otherwise

 

  • He's running 10.10 tells me he had the ATi video card issue on his own TWO PC's under his desk with dual nics (The Cat5 cabling in the back ground.  I'm counting four messy wires that aren't ziptied down (shame on you, they might be behind something doesn't mean anything, clean it up, clean area clear mind).
  • He's Smart because he's using 10.10, because Unity 2D/3D sucks a bag of horse dongs with Mono and Java rendering it useless.  (Mark if you read ZH, smarten up, seriously.  I'll buy you a beer if you stop the Unity abortion)
  • He's also using the Native Ubuntu repository drivers and has zero candy enabled.  he's a no nonsense guy...again tired.  Little or no embellishments on a desktop like docks, widgets, wallpaper...he's got the stock 10.10 wall paper still there and it look like he's doing something in xTerm to the left but it's the Manpages for something.
  • He's got the power bar on the filing cabinet/chair full on the bottom row and the check APC orange light (it should be red, or flashing) is on which means they've had brown outs in the building and the fuse in the power bar is cooked, or it's not being managed by the APC central power management console...again no central management of anything.

Which continues to  tell me their backup and recovery procedures are useless.  If that office burned down, humpty dumpty would never be able to put it together again.  Closest they probably have to central management is the fact they are all tied into dumb terminals...except the developer....hope all that source is actually backed up.  Billions of dollars depend on it kids.  Means the company owner is cheap and retarded.  The developer is chief cook and bottle washer at his IT disco. 

Poor bastard.  Well, he is the only one there that won't end up on the breadlines.  All those traders working there are all feeding the HFT.  They get squeezed like an Orange from process, tactical, decision making, everything...after they are done, throw away the trader because you've made a mini version of them by distilling them from what they do in their consoles.

 

That's why people give me lots of money.  I push the clients out of the way, glue the most technical person there to me and excuse them from work for two months, fix it, build it, document it, hand it over and then leave to the next headache and stroke waiting to happen.   If they don't listen, I charge them anyways and go to the next client then spread the word of a problem client to black ball them.  My shitty client, doesn't have to be someone else's shitty problem that won't listen.

It's pays well to keep people safe and it's fun to play with expensive toys all day. Sort of like being a professional race car driver, people shove the key's of something fun and fast in your hand, then you teach them how not to kill themselves driving. 

A place like that, you'd never get your money out of them.  Too stupid, cheap and greedy.  Again all "drivers" and no car.

Wed, 10/10/2012 - 22:30 | Link to Comment Antifaschistische
Antifaschistische's picture

Speaking of Oracle:  http://www.youtube.com/watch?v=HjwY6O2zE0E

The masters of the use of lawyers and licensee threats...

Wed, 10/10/2012 - 10:00 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

Excellent CPR ... great eye! 

I only caught that the PR guy has a keyboard with hotkeys.  Although I guess you can boilerplate bullshit.

Wed, 10/10/2012 - 13:14 | Link to Comment CPL
CPL's picture

Of course.  Same people are the retards that buy keyboards for their iPads and Android devices instead of doing the most sensible thing on them

 

Train the voice recognition on them that's been available, built into the systems themselves and stop typing altogether.  Takes two hours to save probably months of time typing....just like I am doing now. 

 

People really aren't that interested in using technology properly.  They are dogmatic and predictable.  I can make you a promise.  Any and every government agency with more than a 1000 bodies, there will be an area that resembles Jurassic park. 

  • People using the Latest Windows 98/2000/XP with Word perfect 5.1a,
  • un patched
  • firewall off or none
  • virus checker 12 years out of date
  • personal printer off to the side (bubble jet) on a paraelle cable
  • a usb hub with another usb hub attached to it.  This hub has every datakey, hand scanner, curling iron, shirt press attached to it.  Lights dim in the office every object attached to it.

 

Oh yeah and my favorite. 

  • A picture of their cat or some ill looking rat dog or half retarded child in 640 x 480 taken with an Analog handicam that if that picture is ever lost...there will be hell to pay and blood.

Those people keep business and governments moving, mainly because they are workhorses and they are all slightly insane, only way anyone is touching their PC is with a lawyer present at their funeral.

Wed, 10/10/2012 - 10:07 | Link to Comment Winston Churchill
Winston Churchill's picture

I think the whole office is a dummy storefront,

PR.

Not going to let us see the real thing, now are they ?

Be like the telephone sex operators,old hags that  could drop the WTC just by looking at it.

Wed, 10/10/2012 - 10:15 | Link to Comment otto skorzeny
otto skorzeny's picture

like pushing Webistics on the Sopranos

Wed, 10/10/2012 - 10:16 | Link to Comment nonclaim
nonclaim's picture

I don't know about them specifically but usually the real thing in an "electronic trading floor" is really unexciting: just a bunch of half empty racks with lights blinking in a darkish room.

Wed, 10/10/2012 - 10:06 | Link to Comment caimen garou
caimen garou's picture

drone bait

Wed, 10/10/2012 - 10:15 | Link to Comment Lost Wages
Lost Wages's picture

Trader with the most monitors wins.

Wed, 10/10/2012 - 10:19 | Link to Comment ebworthen
ebworthen's picture

Eminence Front

Wed, 10/10/2012 - 10:26 | Link to Comment Magnum
Magnum's picture

No room for affirmative action hires.

Wed, 10/10/2012 - 10:31 | Link to Comment yogibear
yogibear's picture

"Fixed Income"

 

They fix it so your money is theirs.

Wed, 10/10/2012 - 10:31 | Link to Comment SanOvaBeach
SanOvaBeach's picture

What do yea think?  The HFT whores swallow too!  Believe it or not, these slimebags actually think there respectable.

Wed, 10/10/2012 - 10:35 | Link to Comment Blazed
Blazed's picture

Carbon unit..........what is your function?

Wed, 10/10/2012 - 10:42 | Link to Comment Seasmoke
Seasmoke's picture

WTF is the toilet paper for ?????.........nasty fuckers......that place must stink like shit !

Wed, 10/10/2012 - 11:05 | Link to Comment markar
markar's picture

Forget fat fingers. A coffee spill on one of those keyboards can cause a flash crash. 

Wed, 10/10/2012 - 11:20 | Link to Comment Lebensphilosoph
Lebensphilosoph's picture

I don't think these people would pass the Turing test.

Wed, 10/10/2012 - 11:27 | Link to Comment Meesohaawnee
Meesohaawnee's picture

both chicks have the caption above saying. im gonna get your money with either one of my vacuum tubes.

Wed, 10/10/2012 - 11:58 | Link to Comment GlobalCtzn
GlobalCtzn's picture

What a shock! I did not expect to see any people at all...................

Wed, 10/10/2012 - 12:45 | Link to Comment Conax
Wed, 10/10/2012 - 15:48 | Link to Comment asierguti
asierguti's picture

CPL,

 

Thanks for your comments. You may be an smart and sharp sysadmin, but your arrogance will take you nowhere. Maybe you envy those guys? Your comments may sound well for somebody that does not know about IT a lot, but to me, you are just trying to show up.

 

Being a sysadmin is very different from being a quant analyst, or quant developer. But you go saying that you can pick up any language, and learn it, and you recommend people using Ruby-on-Rails or Perl. If you are so smart, you should know that every language is very good at something, and not so good for other things. Ruby-on-Rails is not even a programming language, but a web framework.

 

Would you try to implement a quant algo in Perl or Ruby-on-Rails? Good luck! Have you ever seen any big system application in Perl?

 

Now, I will challenge you. Read a couple of C++ books (the language that use most HFT shops), and try to write efficient and safe code. I guarantee you that you won't be able to do it.

 

1. You say that they are idiots for using OpenOffice. What's wrong with OpenOffice? It does not have the ribbon that you love? OpenOffice is as productive as Word, with one big advantage, it works with Macs, Windows and Linux. What if not everybody there uses Windows? Have you considered this?

 

2. Regarding security, you do not know what infrastructure they have. What if they prefer a centralized UMT instead of a number of antiviruses and firewalls? What if they prohibit hooking up USB devices? You don't know, but you can "conclude" that their security is useless.

 

3. The developer is using Ubuntu. What's wrong with that? Do you really thing that he runs the production algos in his workstation? As long as the code that he develops is stable and fast, who cares what he uses. Then, you go saying that their backup and security procedure sucks because his APC may not work. Who cares if his workstation goes down? Every company has a code repository, which is backed up. Do you know if they have this?

 

4. Regarding the databases, I am not a fan of Oracle or MS SQL. It looks like you would like them to run MS SQL, right? Now, what if they don't model the algos in an spreadsheet? What if they use R or Matlab? Even more, if you are so smart, you should know that they are probably better off running something like KDB, right?

 

Well, as I said, try to control your ego. You may impress many people, but certainly not me.

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