Nanex Research

Nanex ~ 2013 Wired Business Conference

Nanex was invited to present at this year's Wired Business Conference. Eric Hunsader, Founder and CEO was given 15 minutes to "Think Bigger" and show the world a glimpse of the high speed world of electronic trading.

Here was the original presentation at the 2013 Wired Business Conference:

Nanex CEO Eric Hunsader: Flash Trading Detective Work from WIRED on FORA.tv

Here is the slides only version of it without any sound:


We also broke each section down, and are including links to the original 3D WebGL - three.js based scenes we used to create the presentation below.
You can find the code to all the demos below on Github: Nanex ~ 2013 Wired Business Conference.

Part 1 - NxCore Compression

It shows the number of bytes that Nanex has processed since 2003 broken down by month and counts to the total bytes (670 trillion) by the end. It has some major market events labeled and demonstrates the 20x1 compression that the Nanex NxCore data feed accomplishes that allows us to go back and quickly replay any day since 2003 easily and quickly.


Part 2 - Nanex News

This section contains the same byte count as Part 1, but shows a spiral of the most interesting Nanex visualizations overlaid with the Rise Of The Machines and various important news related market events that Nanex has covered.


Part 3 - BATS IPO ~ BATS Murder

This section details a second and a half where the Bats Exchange's attempts to IPO were thwarted by trading that took it from $15 to $0.0001. It also features a Nanex Starmap that that shows the effects that the system difficulties had on the market as a whole.


Part 4 - FB IPO ~ Radio Silence Debug

This section details the Facebook IPO and shows the 17 seconds of radio silence on ALL Nasdaq securities before it finally started trading.


Part 5 - KCG ~ Knightmare On Wallstreet

This section contains a detailed fly-through of the Knight Capital Group (KCG)'s Knightmare On Wallstreet. They had evidently released a piece of testing software that was buying high and selling low hundreds of times a second in hundreds of NYSE stocks causing them to loose two thirds of their market cap in 30 minutes. This shows trading activity on all NYSE stocks during that period along with tweets that @nanexllc posted while it was occurring.


Part 6 - Twitter Fall ~ #HashCrash

This video section shows the effects that one errant AP tweet caused in the markets. We align the original AP tweet along with one from @nanexllc showing the trading activity that happened after the original tweet.


Part 7 - Flash Crash ~ Borg Cube

This video showcases one of the more elaborate visuals we created for the presentation. It has 4 overlapping Nanex Starmaps detailing the 2008 flash crash, the 2010 flash crash, the day before the 2010 flash crash and a "normal day" included for perspective.


Part 8 - Routing Simulator

This video also shows several seconds of trading in MasterCard and ends with two of the most visual representations of what is broken with today's markets: the quotes (spam) to trades (actual shares trading hands).


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Inquiries: pr@nanex.net