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I think, in the case of fixed income, there is a public expectation of fair play (i.e. competitive market). That simply is not the case, nor is it mandate. Case in point, there is no such thing as "insider trading" when it comes to UST auctions.

As for "interest to hackers", this market seems to like finance. I suppose the grass is always greener...

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Well, if it wasn't clear, my broad point is that the story isn't of interest to hackers because it yields no better understanding of how finance works. Hackers should be interested in understanding things, not eyeball-glazing polemics full of hopelessly re-contextualized non-information.

I used to work in finance, and think it's fascinating, the good and the bad. I'm sympathetic to the argument that banks are too large, too undisciplined, and have too much power, but agreeing with nonsense because you want to is an anti-pattern, both personally and in terms of the long-term ideological fight.

> ...eyeball-glazing polemics full of hopelessly re-contextualized non-information.

I had to chuckle at that. You, sir, have not worked in finance. (complement!)

>> EDIT: CME, eh? Which markets? >> EDIT2: I'm not counting CME software engineer as finance experience. Again, a complement!

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