...What is procedural or algorithmic programming? Procedural programming is a programming methodology which divides a task into routines or procedures and process, one by one according to their relevance in task completion. Thus procedural or algorithmic programming is based upon concept of procedure call. Here procedures or subroutines are series of computational steps. It enables the programmers to specify simple interface, very suitable for reusability, and procedures are self-contained. Because of reusability, different people can use the code written by someone. This also paves way to creation of programming libraries. Procedural programming offers the following advantages: 1. Ease of implementation 2. Easier to keep track of program flow. 3. Modularized 4. Need less memory Disadvantage of procedural programming can be summed up as: 1. Data is exposed to whole system. 2. Real world object mapping is difficult. 3. New user data type creation is very difficult. Reusability Procedural programming does achieve reusability of code within the same program as well as other programs. This is achieved by creating reusable chunk of code called procedures. Procedures can be declared and defined locally or globally inside a program. It enables the programmer to call the specific procedure at any point of the program. But here is a point to notice that local declaration permits reuse only within the local scope while a global...
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...“Love Is Not Algorithmic” is an article written by Jim Kozubek. Kozubek is a science writer and computational biologist based in Cambridge, Massachusetts. This article looks at online dating platforms and their scientific approach to matching individual up with these results. Kozubek talks about the way dating website are solely rely on information submitted by the subscriber and using this information as a basis to find their perfect match. He questions the information that was submitted to be true and how people put up information to portray themselves as they want to. This shows that pure human contact and going in with the unknowing is being taken over by profiles online. People are wanting to know everything upfront and have not element...
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...Evidence for Limiting the Project Scope 11 1.1.10Resources Needed by the Project 12 1.1.11 Project Success Criteria 12 1.1.12 Project Feasibility Report 12 1.1.13 Project Scope Statement 14 CHAPTER # 2 PROBLEM DESCRIPTION 15 2.1 Problem Background in a Non-Ambiguous Manner 15 2.1.1 Elaboration of the problem 15 2.2 Proposed Solution 16 2.2.1 Conclusion drawn from the Problem Area Discussed 19 2.3 Why the Problem should be studied? 19 2.4 Importance of Identified Problem 19 2.5 Nature of Challenges and Learning Capabilities 20 2.5.1 Domain challenge 20 2.5.2 Technical challenges 21 CHAPTER # 3 LITERATURE REVIEW 23 3.1. Domain Research 23 3.1.1 Commodity Trading 23 3.1.2 Algorithmic Trading 24 3.1.3 Advantage of using Algorithms in Algorithmic Trading 25 3.1.4 Web Application 25 3.2 Market Research 26 3.2.1 Similar Web Based Systems in the Market 27 3.2.1 Conclusions Derived from Market Research 29 3.2.2 Benefits of the Proposed System over Similar System Implemented 29 3.3 Services and Technology Growth in India 29 3.3.1 Internet Growth in India 30 3.2 Critical Evaluation of the Literature Review 30 CHAPTER # 4 RESEARCH METHODS 32 4.1 Primary Search 32 4.1.2 Questionnaires 32 4.1.2 Interview 37 4.2 Secondary Research 38 4.2.1 Research of Methodology Selection 39 4.2.2 Research of Web Application Development Platform 42 4.2.3 Database Research 44 4.2.4 System Architecture Research 47 CHAPTER # 5 (Part 1) ANALYSIS...
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...measures, trying to offer new perspectives and deliver solution proposals. Our main results are: HFT is a technical means to implement established trading strategies. HFT is not a trading strategy as such but applies the latest technological advances in market access, market data access and order routing to maximize the returns of established trading strategies. Therefore, the assessment and the regulatory discussion about HFT should focus on underlying strategies rather than on HFT as such. HFT is a natural evolution of the securities markets instead of a completely new phenomenon. There is a clear evolutionary process in the adoption of new technologies triggered by competition, innovation and regulation. Like all other technologies, algorithmic trading (AT)...
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...2014). However, even those traders still present at a physical trading floor, e.g. at the New York Stock Exchange (NYSE), rely on electronic support: quote filled computer screens provide information while electronic handhelds are used to eventually execute trades. Since the 1980s electronic trading constantly gained importance. Today virtually 100% of all trades are done electronically or at least with a remarkable amount of computer support. Special servers not only match ‘buy’ and ‘sell’ orders within fractions of a second but are also capable of confirming thousands of individual orders per second. Based on execution speed and power one can rank different electronic trading systems as follows1: (1) Direct Market Access (2) Algorithmic Trading and (3) High Frequency Trading (see Figure 1). Along this ranking the need for humans to intervene decreases while at the same time the autonomy of computers increase. The future trends promise to that trading will become both even faster and even more autonomous. A high priority currently lies in the problem of ‘latency’ this is the period of time between...
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...IT and International Real-Time Media: Amplifier for a Crisis or Instrument of Rational Decision-Taking Narelle Gomes, Christian Piechorowski 09.01.2014 Table of contents: 1.1 Information technology’s impact in the development of the stock exchange 1.2 Algorithmic trading 1.3 High frequency trading 1.4 High frequency; trading beneficial or harmful for the economy? 1.5 Final Remarks 2.1 The Influential Role of Mass Media - The Pervasiveness of the information disseminated on the people 2.2 Financial Crisis- A media spectacle? 2.3 The mishaps of European Media during the current Euro crisis 2.3.1 The alternative view of the media; Citizens mistrust towards the media 2.3.2 The wavering power of mainstream amidst its pervasiveness 3. Conclusion Introduction Problem Description: The world financial crisis started in the US with the burst of the housing bubble in 2007. However, it was not just limited to the US border, but it rapidly spread all over the world. Consequently, many banks went bankrupt and some countries were even pushed into a financial downturn. Target of Study: This essay will not provide a general outlook on the financial crisis but instead examines the impact of the Real time media and IT on this economic crisis of historic scale. How important...
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...Introduction Dark pools are a complex topic subject to misunderstanding amongst the broad public, media, and government regulators. To help provide a better perspective, we discuss the evolution of equity markets that led to the development of electronic trading, dark pools, and current market structure. We move on to analyze dark pools and their overall impact on trading. We then discuss further aspects of dark pools in particular, and consider regulation and global trends in market structure. Historical Perspective on Equity Markets The first modern equity market was established in the Netherlands in 1610 with the publically traded shares of the Dutch East India Company. Financial transactions had taken place since the dawn of civilization, but 1610 was a milestone towards the development of the equity markets we know today. Because equity securities represent transferable ownership interests in corporations, dividing business organizations into small, affordable pieces made it easier for entrepreneurs to raise capital from multiple sources. At the same time, limited liability allowed investors to diversify their investments without fear of incurring risk of personal accountability. Enhanced liquidity also eased transfer of ownership. Secondary markets for the securities of public firms quickly developed as the number of companies increased. Merchants and traders bought and sold securities just like other commodities, and specialization soon flourished. Stock exchanges...
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...ATMonitor Commentary September 2011 Issue Fragmentation of Liquidity www.atmonitor.co.uk Fragmentation of Liquidity ATMonitor Commentary Foreword This is not an academic paper on theoretical discussions but rather a series of practical questions and answers that members of MyATMonitor have asked and industry experts answered. Our primary goal is to bring knowledge that will be useful to traders on the buy side. In fact, this philosophy is well reflected in the very heart of MyATMonitor, a reliable, independent and trusted peer-group network of and for buy-side only institutional traders. This publication has been compiled from ongoing Q&A activity on the MyATMonitor Expert Panels. At the time of publication, the Expert Panels on MyATMonitor are Dark Pools, Commission Sharing Arrangements, EMS/OMS Relationships, Fragmentation of Liquidity, MiFID II and Transaction Cost Analysis and Best Execution. The ATMonitor team would like to thank all members and experts that have generously contributed to the success of MyATMonitor. ATMonitor Team. www.atmonitor.co.uk 2 Fragmentation of Liquidity ATMonitor Commentary Experts Panellists (in the order of appearance): Steve Grob Director of Group Strategy, Fidessa Steve is responsible for Fidessa’s strategic development.This includes the development of new geographic markets and strategic partnerships and driving new industry initiatives. As part of this Steve heads up the firm’s strategy in response to the fragmentation...
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...High-Frequency Trading Remi Charpin MBA student BADM 580 June 28, 2010 Prepared for Professor Charles Alvis Financial Markets Seminar Table of Contents List of Illustrations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Executive Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Problem Statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Background Section . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Discussion of Findings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Strategies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Key Players . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Benefits. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Pros. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ....
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...[pic] TCS0303 ALGORITHM AND DATA STRUCTURE ASSIGNMENT 1 Due date: 8rd December 2014, by 5PM (assignment hardcopy) Weighting: Part of 10% of overall assessment. Environment: You are required to do this assignment in C++ environment. Assessment Your assignment will be assessed for the following: Correctness of the programs Sample test data/results/output or discussion of results No plagiarism Submission You are required to submit documentation in the form of printed copy of your codes and sample test data. Your submission should bind together with the assignment cover given at the end of this assignment question. Use GREEN colour paper as your Assignment 1 cover. Warning 1. To be done in individually. 2. Marks will be deducted for plagiarism and late submission. ASSIGNMENT QUESTION: Question 1 (50 marks) In linked list, an ordered collection of data in which each element contains the location of the next element or elements using pointers. You are required to build a singly linked list program in C++ programming: 1) Create a singly linked list that contains data of 2,15,8,24,63,77 and print out the output. (10 marks) 2) With the creation of the linked list data, delete the no 8, 24 and 77 and print out the output. (5 marks) 3) Add the no 10 ,25 and 30 in your list and print out the output. (5 marks) Question 2 5. You are required to write a C++...
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...CCS20503/DCS20303/TCS20404 Data Structure and Algorithm Lab Practical 3 ------------------------------------------------- 4 April 2016 ------------------------------------------------- Instructions: 1. Complete ALL the question in this Lab Practical. 2. Complete and hand in all the materials below: a. Printed source code of your programs. b. Print screen sample output of your programs. 3. Submit your work directly to the instructor with the cover printed on RED colour paper. Use the cover template given at the end of this document. 4. Due date: 4.4.2016 (Monday) Question 1 You are required to write a C++ program that indicates Linked List : a) Create a structure “model”. This structure basically has members of model name, model height, model weight, model ethnic. The data which will store the information and second is node *next which will hold the address of the next node. b) Create a structure “node”. This structure has all the model data and node pointer that will carry the model informations from structure model. c) Insert 4 data of models named, Heidi, Zoey, Alexis and Lisa that carries informations of the their heights, weights and ethnic into the nodes. Declare the first node and the last node as NULL. d) Print out the data of the models that include all the informations added as shown in the example below: TOP MODELS: Name: Heidi Height: 170 Weight: 50 Ethnic: Caucasian TOP MODELS: Name: Heidi Height:...
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...Digital Technologies AS91074 External Assessment Section 1 - Algorithms Describe the key characteristics and roles of Algorithms Programs and Informal instructions The key characteristics of algorithms are, precision, finiteness, effectiveness, input and output. Precision mean that the algorithm needs to be clear and precisely defined so that a computer can follow the steps. Finiteness means that the algorithm has to finish. The algorithm needs to stop after it has executed all the steps set. Effectiveness means that the algorithm needs to be effective, such as that the algorithm can be done to its precise steps and done in a finite length of time, computer programming language independent. Input means that the algorithm has zero or more inputs, but not an unlimited amount of inputs. Output means that the algorithm must come back with one or more results to the steps it has followed. that an algorithm is a set of instructions that a computer can follow. They are usually written in numbers instead of English, due to English being so diverse. The role of algorithms is to set out a set of instructions that are clear enough for a computer to follow. The key characteristics of programs and informal instructions The role of programs and informal instructions is to make Describing an algorithm for a specific task There are two commonly used algorithms that I will explain, they are quick sort and selection sort. Quick sort is often used as it is fastest as ordering data to...
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...Jackson Park Road, L606, Portland, OR 97239, USA 3 University of California, Berkeley, Berkeley, CA 94720, USA 4 Center for Neuropharmacology & Neuroscience, Albany Medical College, Albany, NY 12208, USA ABSTRACT An algorithmic information theoretic method is presented for object-level summarization of meaningful changes in image sequences. Object extraction and tracking data are represented as an attributed tracking graph (ATG), whose connected subgraphs are compared using an adaptive information distance measure, aided by a closed-form multi-dimensional quantization. The summary is the clustering result and feature subset that maximize the gap statistic. The notion of meaningful summarization is captured by using the gap statistic to estimate the randomness deficiency from algorithmic statistics. When applied to movies of cultured neural progenitor cells, it correctly distinguished neurons from progenitors without requiring the use of a fixative stain. When analyzing intra-cellular molecular transport in cultured neurons undergoing axon specification, it automatically confirmed the role of kinesins in axon specification. Finally, it was able to differentiate wild type from genetically modified thymocyte cells. Index Terms: Algorithmic information theory, Algorithmic statistics, Information distance, Gap statistic, Clustering. Various portions of this research were supported by the Center for Subsurface Sensing and Imaging Systems, under the Engineering Research Centers Program...
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...What is a non-linear datastructure? A non-linear datastrucutre is a datastructure in which the data items in the memory are not allocated contiguously i.e. the data items are dispersed in the memory. The first data item will have a link to the second data item and second data item will have a link to the third data item and so on. Pros • Uses memory efficiently that the free contiguous memory in not an requirement for allocating data items • The length of the data items is not necessary to be known prior to allocation Cons • Overhead of the link to the next data item Linked list: linked list a data structure which stores data in the form of nodes.It does not require linear memory as arrays. Each node contains a data part and a pointer part(a pointer to the next data in the list) link or node is object of a class.there are so many types of linked list 1) single linked list 2)doubly linked list 3)circular linked list. single linked list: here links contains pointer to first data and last data in the list.As said earlier a pointer to the next data. example of a linked list: class node{// all nodes will be the objects of this class public int data; public link next_node;//a pointer to next data } public node(int data){ this.data=data; }//end of constructor public void showdata(){ System.out.println("data= "+data); } }//end of class node After defining class for each node we need to define a class for link list. Link list contains a pointer to...
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...Question 1: Describe the problem that a large company such as HP might face in offering many product lines and options. Because of the numerous offerings by HP, there are some problem faced by this organization. These are listed below • Unplanned operating costs • Increase in inventory driven costs • Increase in Product Design Costs • Overabundance of a few items and shortages of others. • Rework due to the re-designing or product failures Question 2: Why is there a possible conflict between marketing and operations? There dependably exists clashes in the middle of promoting and operations as advertising group or Marketing Department dependably concentrates on more SKUs, more components, and more arrangements. The need giving every conceivable item decision an undeniable approach to fulfill more clients and produce more deals. Maybe the operations dependably need less. They need less to figure, less stock and less many-sided quality to oversee. Essentially, the driver on operations is expense control. Operations requires quick and unsurprising request process durations. The shifting objectives and goals between the diverse parts of the devouring the choice setting aside a few minutes expending and excessively complex. Question 3: Summarize your understanding of the models and the algorithms. The primary utilization of information mining method is to distinguish the examples and conduct of information. So that an association may utilize it to recognize its future...
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