Re:Someone got the natural gas report 400 ms early
by homosaur on Thursday January 31, 2013 @02:04PM
(#5146665)
I don't know the way these reports are structured, but is it regular enough where there's even a possibility that a bot could digest, analyze, and act on the information there in near real time?
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Re:Someone got the natural gas report 400 ms early
by lotyrin on Thursday January 31, 2013 @02:08PM
(#5146691)
The thing is (supposedly and based on this chart) that this order was placed faster than that, even.
Edit to clarify.
Re:Someone got the natural gas report 400 ms early
by yebyen on Thursday January 31, 2013 @02:23PM
(#5146792)
How can you read this chart, and infer from it that the activity is due to having already read the report?
Surely everyone knew that the report would be released at 10:30, and they had strategies (or hedged positions) that were not as likely to be influenced by the contents of the report as by the market forces surrounding their orders?
Re:Someone got the natural gas report 400 ms early
by lotyrin on Thursday January 31, 2013 @02:36PM
(#5146877)
I'm not, I'm not certain of that at all.
Re:Someone got the natural gas report 400 ms early
by yebyen on Thursday January 31, 2013 @04:10PM
(#5147492)
I don't have any idea, I don't want to sound snarky,
I read the headline and jumped to the same conclusions as everyone else. Jumped on Twitter and re-tweeted, all I had to say was "incredible"
After having some time to think about it, all I can say is...
Can you imagine how many people would be fired already if their dots were 5 seconds on the wrong side of 10:30, instead of being 400ms early?
Re:Someone got the natural gas report 400 ms early
by patmcguire on Thursday January 31, 2013 @02:27PM
(#5146809)
Think this all there is. You could definitely build a real time system. http://ir.eia.gov/ngs/ngs.html
Re:Someone got the natural gas report 400 ms early
by peejaybee on Thursday January 31, 2013 @02:50PM
(#5146983)
Hell, they even release it in JSON: http://ir.eia.gov/ngs/wngsr.json