trading

FPGA for financial applications

FPGA unit

Overview

Field Programmable Gateway Arrays (FPGAs) are all the rage in some areas nowadays, and for a good reason. They allow creating low level high performance hardware components that allow very fast execution of certain tasks. When comparing to the ubiquitous regular CPUs, found in standard servers and desktops, they enable the development of custom logic at much lower level. Their key advantage is the ability to provide parallel execution of routines that can be done only sequentially on a single CPU. And when compared to GPUs, the so popular graphic cards

Yen dilemma of BoJ

Bank of Japan buys liquid assets on the Tokyo stock exchange. There is little surprise that some people attempt to front run the bank's actions. The economy is not a stock market, it does not perform, and there are little investment opportunities outside of the equities speculation. Larger companies easily issue more stock, collect money, keep the money in the government bond and enjoy capital gains. The money invested by BoJ does not trickle to those who would spend it, but instead remains in the corporate coffins. The strategy can continue ad infinitum.

AAPL - are the doors too narrow for exit?

Apple stock underperforms SP500 for an year and half. The severe underperformance comes despite a huge buy back program. Between 2015 and 2016 the company has spent almost $90 billion to buy it's own stock. The stock float was reduced by 12% over the period. Despite the efforts the stock price dropped 34% from the all time high.

Brexit - a stock trader perspective on the referendum day

Introduction

If you haven't heard the word Brexit you must have lived under the rock. The citizens of the United Kingdom decided, by a narrow margin, to leave the European Union in a nationwide referendum, held on the 23rd of June 2016. This is a monumental event and its immediate consequences are far from clear at this point in time. However, we will try to analyze how this outcome, viewed as a piece financial news, has affected the markets and what lessons we can learn from it for the future.