I'm also the Head of The Institute for Type-Safe Memetic Research which website is https://typememetics.institute/
I wonder about that as well!
If you want to get started on PLT, Harper's PFPL is pretty accessible (https://www.cs.cmu.edu/~rwh/pfpl/). Even Martin-Löf's article on intuitionistic type theory (the one that introduced dependent types) is fairly readable for a PL geek.
I'm unfamiliar with Barendregt's article but it sounds too mathematical by comparison. I.e. by the title I'd classify it as mathematical logic rather than PL. Remeember there were no computers when Alonzo Church invented lambda calculus in the 1920's.
However providing people with software engineering background an easier on ramp for understanding PLT would be nice, wouldn't it?
Unconstrained curiosity is a vice, not virtue.
Their actions are what you'd expect any firm to do to hedge their exposure. Its just that they were so large and the Indian stock market is relatively so small that they're hedging moved the market.
So the question is, was their market moving hedging actual market manipulation or was it just the same thing every other quant firm would do in the same situation to hedge out their option exposure?
https://libgen.li/edition.php?id=151275376
Here's a decent description of the issue.
Allegedly being investigated is also quite far from "been manipulating markets", I appreciate the clarification.
I'm just saying, simple is nice and fast when it works, until it doesn't. I'm not saying to make everything complex, just to remember life is a survivor's game.
I still think it’s the right tradeoff for us, operating a distributed system is also very expensive in terms of dev and ops time, costs are more unpredictable etc.
It’s all tradeoffs, isn’t it?
I did a double take at this. At the onset of the article, the fact they're using a distributed database and the mention of a "mid 6 figure" DB bill made me assume they have some obscenely large database that's far beyond what a single node could do. They don't detail the Postgres setup that replaced it, so I assume it's a pretty standard single primary and a 100 million row table is well within the abilities of that—I have a 150 million row table happily plugging along on a 2vCPU+16GB instance. Apples and oranges, perhaps, but people shouldn't underestimate what a single modern server can do.
At $WORK, we write ~100M rows per day and keep years of history, all in a single database. Sure, the box is big, but I have beautiful transactional workloads and no distributed systems to worry about!