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Australia May 'Pause' Trades To Tackle High-Frequency Trading

fostware Re:End the Accounting tricks (342 comments)

"I can see doing trades in baskets of orders entered in say 60 second intervals and processed in random order inside the interval. That prevents a class system where guys with access to HFT have a shot at the getting in or out first all the time and moves it to where anyone with an Internet connection, a E-trade account, and a willingness to sit with three or four of the major news networks on a few tvs has a fair chance of transacting on whatever securities they are playing as quickly as anyone else. That seems okay."

Except anyone (human) won't submit 1000's of small trades to even the odds. You put a trade for 100 shares in as well as 99 other people buying ~100 - it's fair. My (previously used for HFT) computer submits 1000 lots of 25. Suddenly I might not get the full 100, I need to start cancelling when I get my quota, but I'm more likely to get my 100. If the computer plays it right, it could adjust the purchase quantity against projected movements. Add 1000 previously employed HF traders doing the same. Humans have a nigh-on impossible chance of getting a single trade, infact we'll end up in the same situation we're in now, where a large chunk of small trades are machines competing against machines.

Personally, I'm all for a 60sec hold before being able to sell. Give people a chance.

about two weeks ago
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Exploding Oil Tank Cars: Why Trains Go Boom

fostware I don't care about trains... (144 comments)

Screw trains. Tell us why American cars' petrol tanks explode when all four tyres leave the ground...

Is it static, do you need one of those rubber strips hanging off every car? Should they be a requirement for police vehicles, especially?

It must be true, I see it on TV *ALL* the time!!!

about a month and a half ago
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School Tricks Pupils Into Installing a Root CA

fostware Re:As an ex-School It Admin... (417 comments)

No. We logged for investigation later.

We are talking about being able to either prove the student wasn't at that site, or provide evidence the site was visited for the school pastoral care staff to follow up.
Without monitoring, going back and determining a case one way or another is nigh on impossible.

Lastly, these are minors. There are government obligations to report illegal activities in school. Like proving a teacher was browsing porn on the school network.
"Think of the children" has a lot of traction with governments...

about a month and a half ago
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School Tricks Pupils Into Installing a Root CA

fostware Re:As an ex-School It Admin... (417 comments)

"SSL monitoring"

We didn't filter anything except VPN and tunnel traffic.
We monitored URLs both HTTP and HTTPS for investigation later.
There was a little QoS applied for non-school traffic.

about a month and a half ago
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School Tricks Pupils Into Installing a Root CA

fostware As an ex-School It Admin... (417 comments)

a) "we have not signed anything which would excuse it" - you can't. You're not able to sign enforceable legal documents.

b) "there was a root CA from the school" - it happens due to
        1) WPA-Enterprise and/or NAC relies on keys. Do you use your school credentials for wireless? If so, you require key exchange for it to verify each party.
        2) SSL monitoring systems rely on MITM to read the HOST headers. We couldn't give a rat's arse your bragging about banging Sally, however we do mind that it was to a website called HTTPS://www.breakuprevenge.com and both Sally and yourself are under legal age, it may have included a phone camera image, and it was all posted via the School Internet. Federal, State, and School pastoral care policy issues trump most whiny students objections.

c) It happens when at the start of the year. I would have twenty staff ask for different packages to be deployed in the first week of school, and your BYOD package may just happened to end up with a testing cert. Once had an antivirus package that hid all toolbars in Word and Excel - that ex-employee never applied a GPO at domain-level again.

All I'm saying is most school IT departments are asked to perform miracles of pastoral care because parents don't care and Teachers are busy trying to teach. We bare the brunt of school administration trying to enforce pastoral care not just for you, but all those in the school body
I'm sure if you had brought it to most IT departments attention in a courteous way, you might have been treated better.
Most schools have a tech-savvy student who is treated like an offsider, as well as one who has joined the Dark Side and ends up on the Watchlist. (yes, I've had "meetings" with Federal Police over a student's actions). Which one will you be?

about a month and a half ago
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NYT: NSA Put 100,000 Radio Pathway "Backdoors" In PCs

fostware Re:Skeptical about the 8 miles (324 comments)

The other downside is that strong radio transmissions can interfere with things including speakers, which might make them obvious if not handled correctly.

And people complain about the CirrusLogic and RealTek on-board audio buzzing because of bad grounding... Maybe the buzz isn't grounding at all...

about 3 months ago
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Ask Slashdot: Suggestions For a Simple Media Server?

fostware Re:Raspberry PI (420 comments)

Someone has a new hammer and every problem is looking like nail...

about 3 months ago
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Sherlock Holmes Finally In the Public Domain In the US

fostware It's nice for some... (207 comments)

Mickey also belongs to the world, yet we'll never see it hit public domain. Not until Walt's defrosted.

about 4 months ago
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Google Sues Consortium Backed By Apple and Microsoft to Protect Android

fostware Re:Selective Memory... (150 comments)

Thanks!

Unfortunately I can't mark you +1 Informative like that post deserves

about 4 months ago
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Why Don't Open Source Databases Use GPUs?

fostware Re:Plenty to do first... (241 comments)

I honestly don't know of any decent AQL optimisers...

I know MS SQL Management Studio has SQL Profiler, Index Tuning Advisor, and Database Performance Tuning Advisor.
But there's nothing in Aqua Data Studio that works with PostgreSQL, which means co-workers and I must rely on good looks and mad skillz (I'm only passable on both)

about 4 months ago
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Why Don't Open Source Databases Use GPUs?

fostware Plenty to do first... (241 comments)

Besides datasets not fitting in to GPGPU memory, and I/O bottlenecks, I'm still seeing plenty of badly written SQL

A current contract has plenty of SQL work (not for me though), and the bulk of their time is cleaning up data exceptions, badly written report queries, and moving oft-used or large-dataset queries to stored procedures. GPGPU's will hide some of the rot, but if the SQL was written better in the first place, we're able to use parallelism and better use existing commodity hardware in clients virtualised environments.

I'm not dissing the prospect of GPU acceleration, just the priority TFA gives to it.

about 4 months ago
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Google Sues Consortium Backed By Apple and Microsoft to Protect Android

fostware Re:Selective Memory... (150 comments)

Google was invited to join this group, but declined.

I promised I would never do this but.... citation please.

I'm not willing to believe it unless you have a source that doesn't reference the same unattributed quote I found in three different news articles...

about 4 months ago
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Google Sues Consortium Backed By Apple and Microsoft to Protect Android

fostware Re:Why did Google tried to buy them? (150 comments)

No. The backing companies promised not to use the patents this way, and then washed their hands when Rockstar said "well we didn't promise anything..."

They're a corporate hitman, giving the backers plausible deniability and no surface area to countersue (since they can't infringe anyone else's patents when they don't make stuff)

about 4 months ago
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Ask Slashdot: Can Commercial Hardware Routers Be Trusted?

fostware Re:I wouldn't (213 comments)

Seconded...

We've worked on minimal hardware routers and iptables can't keep up with pF on the same hardware.
pF also allows more flexibility, and can do funkier layer 2 than iptables.
The ALiX boards in the Yawarras (http://www.yawarra.com.au/) are small, flexible, and FreeBSD supported.
We don't use them so much anymore since we run more VM host-based firewalls, and we've moved on from hosting various physical machines requiring firewalling between them (since a possibly compromised machine's firewall can't be trusted...)

about 4 months ago
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Pirate Bay Founder Warg Being Held in Solitary Confinement

fostware Re:Business as usual (192 comments)

+1 - Since I have no points :(

Social Engineering isn't hacking... Fortune Tellers and Used Car Salesmen have been doing it for years before networked computers were created...

about 4 months ago
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Route-Injection Attacks Detouring Internet Traffic

fostware Re: Really? Again? (85 comments)

My point exactly.

I filter the routes I accept from upstream and downstream. I have gone blue with a provider about the fact they were accepting private network advertisements from customers. Needless to say, we're not with that provider anymore. I do monitor odd advertisements from networks we're not directly peered with. Any ISP not monitoring routes is either overworked or slack

about 5 months ago
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Route-Injection Attacks Detouring Internet Traffic

fostware Really? Again? (85 comments)

*sigh*

Another day, another announcement of an old hack which any serious network admin would have filtered by now. The fact this is happening at ISP/carrier level is extremely disheartening.

about 5 months ago
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Hacker Spoofs Track Plays To Top Music Charts

fostware Too Soon? (157 comments)

Was the sound from "Metal Machine Music"?

about 6 months ago

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