logoalt Hacker News

philipovyesterday at 3:24 PM2 repliesview on HN

What kind of founding ethos doesn't allow tracking internal latency? Is their founding ethos "Never Admit Responsibility?"; "Never Leave A Paper Trail?"

This company's official ethical foundation is "Don't Get Caught."


Replies

WJWyesterday at 3:28 PM

From the wiki about IEX: "It was founded in 2012 in order to mitigate the effects of high-frequency trading." I can see how they don't want to track internal latency as part of that, or at least not share those numbers with outsiders. That just encourages high frequency traders again.

show 1 reply
stuxnet79yesterday at 7:39 PM

The founder Brad Katsuyama talks about his background and motivation for starting the company here - https://www.youtube.com/watch?v=N9hoqFpDjVs

It might add a bit of color to this conversation.