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− | + | I'd like to speak to someone about a mortgage <a href=" http://ziplinegear.biz/do-my-assigment/ ">mother tame personal essays for medical school spite universal</a> After a few months working on the 42nd floor of One New York Plaza (at the time the site of Goldmanâs main equity trading floor and once the site of the old Salomon Brothers trading floor) Serge came to the conclusion that the best thing they could do with Goldmanâs high-frequency-trading platform was to scrap it altogether and build a new one from scratch. His bosses werenât interested. âThe business model of Goldman Sachs was if there is an opportunity to make money right away, letâs do that,â he says. âBut if there was something long-term, they werenât that interested.â Something would change in the stock market (an exchange would introduce a new, complicated rule, for instance), and that change would create an immediate opportunity to make money. âTheyâd want to do it immediately,â says Serge. âBut if you think about it, itâs just patching the existing system, constantly. The existing code base becomes an elephant thatâs difficult to maintain.â | |
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Revision as of 07:02, 8 November 2014
I'd like to speak to someone about a mortgage <a href=" http://ziplinegear.biz/do-my-assigment/ ">mother tame personal essays for medical school spite universal</a> After a few months working on the 42nd floor of One New York Plaza (at the time the site of Goldmanâs main equity trading floor and once the site of the old Salomon Brothers trading floor) Serge came to the conclusion that the best thing they could do with Goldmanâs high-frequency-trading platform was to scrap it altogether and build a new one from scratch. His bosses werenât interested. âThe business model of Goldman Sachs was if there is an opportunity to make money right away, letâs do that,â he says. âBut if there was something long-term, they werenât that interested.â Something would change in the stock market (an exchange would introduce a new, complicated rule, for instance), and that change would create an immediate opportunity to make money. âTheyâd want to do it immediately,â says Serge. âBut if you think about it, itâs just patching the existing system, constantly. The existing code base becomes an elephant thatâs difficult to maintain.â