Sounds interesting, and written in Go

  • notwikinotbot [comrade/them]
    ·
    4 years ago

    I'm probably conflating the Bloombutt terminal with something else, but isn't 90% of the point of these trading machines to have them physically as close to the trading floor as possible to get minimum latency for your robot market disruption? So making it open source doesn't help the little guy unless he can find someone willing to rent him server space in a specific geographical area.

    • NonWonderDog [he/him]
      ·
      4 years ago

      A Bloomberg terminal is just a PC that shows a bunch of stonks on a screen. This shit in the movies.

      It's famous for being absurdly arcane, navigable only by keyboard shortcuts only found in the paper manual. Also it costs $2000 a month, and if you stop paying they used to send a guy to physically remove it from your premises. I think it's just a piece of Windows software now, though.

      It seems like it's mostly a status/cultural thing, where you're not a "real" stock trader unless you've memorized all 5000 keyboard shortcuts.

    • Galli [comrade/them]
      ·
      4 years ago

      this is true for making day trades but bloomberg terminals are used for more than that (I'm not even sure that bloomberg terminals are used for making trades, most of what I read about it makes it sound more like facebook for finance ghouls).