Thu, 18 June 2020
Featuring on this episode is Haim Ben Ami; CEO of Raft Technologies.
Having constructed shortwave radio towers in Chicago, Frankfurt and London, Raft have established ultra-low latency connections between various exchanges, which are leased to algorithmic trading firms who seek a speed advantage.
In talking with Haim, we discuss why some firms are prepared to pay big bucks in order to be a few milliseconds quicker than other market participants. Haim also draws comparisons of the various technologies used to transmit data (shortwave, microwave and fibre optic cable), and going beyond the connection, how firms further optimise for speed, plus what’s next in the race to zero.
Direct download: 197_20Accelerating20high-speed20traders20to20higher20speeds20w_20Haim20Ben20Ami.mp3
Category:trading -- posted at: 5:13pm EDT
Thu, 4 June 2020
For this third episode in the My First Year Trading Full-Time series, I speak with Ryan Trost. At the time of recording, Ryan had recently crossed 12-months as a junior equities trader at SMB Capital in New York City.
Our conversation begins with Ryan speaking to how he was trading the massive intraday ranges of TSLA during it's parabolic run in February.
From there we chat about Ryan’s trajectory in life prior to trading, how he landed a seat on a proprietary trading desk, lessons from losing money month after month, how he began to develop an edge, Ryan’s take on trader psychology, a recap of his best and worst days, and ares in which he’s trying to improve upon.
Direct download: 196_20My20First20Year20Trading20Full-Time_20Prop20Trader2C20Ryan20Trost.mp3
Category:trading -- posted at: 5:27pm EDT