Goldman Sachs is spending $100M to shave milliseconds off stock trades

Re:Goldman Sachs is spending $100M to shave milliseconds off... by twic on Friday August 02, 2019 @02:05AM (#20590927)

> I'd like to hear a coherent argument how realtime or even sub-second pricing of securities and derivatives

I won't touch equities, but surely it's obvious why derivatives have to be priced quickly? When the underlying moves, you have to re-price the derivative, otherwise you're giving away money!

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Re:Goldman Sachs is spending $100M to shave milliseconds off... by Swenrekcah on Friday August 02, 2019 @05:07AM (#20591578)

Well, anything that limits the complexity of derivatives is probably a good thing!

Obligatory caveat: I know derivatives aren’t evil, and are very useful to the world, but we all know what happens when they get so complex that almost nobody knows what they are.

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Re:Goldman Sachs is spending $100M to shave milliseconds off... by pgwhalen on Friday August 02, 2019 @08:08AM (#20592372)

Artificially stale derivative prices are unquestionably more complex than up to date ones.

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