Middleware’s message : the financial technics of codata

In this paper, I will argue for the relevance of certain distinctive features of messaging systems, namely those in which data (a) can be sent and received asynchronously, (b) can be sent to multiple simultaneous recipients and (c) is received as a “potentially infinite” flow of unpredictable events. I will describe the social technology of the stock ticker, a telegraphic device introduced at the New York Stock Exchange in the 1860s, with reference to early twentieth century philosophers of synchronous experience (Bergson), simultaneous sign interpretations (Mead and Peirce), and flows of discrete events (Bachelard). Then, I will show how the ticker’s data flows developed into the 1990s-era technologies of message queues and message brokers, which distinguished themselves through their asynchronous implementation of ticker-like message feeds sent between otherwise incompatible computers and terminals. These latter systems’ characteristic “publish/subscribe” communication pattern was one in which conceptually centralized (if logically distributed) flows of messages would be “published,” and for which “subscribers” would be spontaneously notified when events of interest occurred. This paradigm—common to the so-called “message-oriented middleware” systems of the late 1990s—would re-emerge in different asynchronous distributed system contexts over the following decades, from “push media” to Twitter to the Internet of Things

Where do electronic markets come from? Regulation and the transformation of financial exchanges

The practices of high-frequency trading (HFT) are dependent on automated financial markets, especially those produced by securities exchanges electronically interconnected with competing exchanges. How did this infrastructural and organizational state of affairs come to be? Employing the conceptual distinction between fixed-role and switch-role markets, we analyse the discourse surrounding the design and eventual approval of the Securities and Exchange Commission’s Regulation of Exchanges and Alternative Trading Systems (Reg ATS). We find that the disruption of the exchange industry at the hands of automated markets was produced through an interweaving of both technological and political change. This processual redefinition of the ‘exchange’, in addition, may provide a suggestive precedent for understanding contemporary regulatory crises generated by other digital marketplace platforms

Unusual Metabolism and Hypervariation in the Genome of a Gracilibacterium (BD1-5) from an Oil-Degrading Community.

The candidate phyla radiation (CPR) comprises a large monophyletic group of bacterial lineages known almost exclusively based on genomes obtained using cultivation-independent methods. Within the CPR, Gracilibacteria (BD1-5) are particularly poorly understood due to undersampling and the inherent fragmented nature of available genomes. Here, we report the first closed, curated genome of a gracilibacterium from an enrichment experiment inoculated from the Gulf of Mexico and designed to investigate hydrocarbon degradation. The gracilibacterium rose in abundance after the community switched to dominance by Colwellia Notably, we predict that this gracilibacterium completely lacks glycolysis, the pentose phosphate and Entner-Doudoroff pathways. It appears to acquire pyruvate, acetyl coenzyme A (acetyl-CoA), and oxaloacetate via degradation of externally derived citrate, malate, and amino acids and may use compound interconversion and oxidoreductases to generate and recycle reductive power. The initial genome assembly was fragmented in an unusual gene that is hypervariable within a repeat region. Such extreme local variation is rare but characteristic of genes that confer traits under pressure to diversify within a population. Notably, the four major repeated 9-mer nucleotide sequences all generate a proline-threonine-aspartic acid (PTD) repeat. The genome of an abundant Colwellia psychrerythraea population has a large extracellular protein that also contains the repeated PTD motif. Although we do not know the host for the BD1-5 cell, the high relative abundance of the C. psychrerythraea population and the shared surface protein repeat may indicate an association between these bacteria.IMPORTANCE CPR bacteria are generally predicted to be symbionts due to their extensive biosynthetic deficits. Although monophyletic, they are not monolithic in terms of their lifestyles. The organism described here appears to have evolved an unusual metabolic platform not reliant on glucose or pentose sugars. Its biology appears to be centered around bacterial host-derived compounds and/or cell detritus. Amino acids likely provide building blocks for nucleic acids, peptidoglycan, and protein synthesis. We resolved an unusual repeat region that would be invisible without genome curation. The nucleotide sequence is apparently under strong diversifying selection, but the amino acid sequence is under stabilizing selection. The amino acid repeat also occurs in a surface protein of a coexisting bacterium, suggesting colocation and possibly interdependence

Non-stationary extreme models and a climatic application

In this paper, we study extreme values of non-stationary climatic phenomena. In the usually considered stationary case, the modelling of extremes is only based on the behaviour of the tails of the distribution of the remainder of the data set. In the non-stationary case though, it seems reasonable to assume that the temporal dynamics of the entire data set and that of extremes are closely related and thus all the available information about this link should be used in statistical studies of these events. We try to study how centered and normalized data which are closer to stationary data than the observation allows easier statistical analysis and to understand if we are very far from a hypothesis stating that the extreme events of centered and normed data follow a stationary distribution. The location and scale parameters used for this transformation (the central field), as well as extreme parameters obtained for the transformed data enable us to retrieve the trends in extreme events of the initial data set. Through non-parametric statistical methods, we thus compare a model directly built on the extreme events and a model reconstructed from estimations of the trends of the location and scale parameters of the entire data set and stationary extremes obtained from the centered and normed data set. In case of a correct reconstruction, we can clearly state that variations of the characteristics of extremes are well explained by the central field. Through these analyses we bring arguments to choose constant shape parameters of extreme distributions. We show that for the frequency of the moments of high threshold excesses (or for the mean of annual extremes), the general dynamics explains a large part of the trends on frequency of extreme events. The conclusion is less obvious for the amplitudes of threshold exceedances (or the variance of annual extremes) – especially for cold temperatures, partly justified by the statistical tools used, which require further analyses on the variability definition

Bahadur representation of sample quantiles for functional of Gaussian dependent sequences under a minimal assumption

We obtain a Bahadur representation for sample quantiles of nonlinear functional of Gaussian sequences with correlation function decreasing as $k^{-\alpha}$ for some $\alpha > 0$. This representation is derived under a mimimal assumption

Проблеми структурної модернізації регіонального ринку трудових ресурсів АПК в експертній оцінці працівників органів регіонального управління

Barriers and sandbars are ubiquitous natural coastal features, whose variability often determines nearshore morphological evolution. Wave-dominated beach profile evolution results from the interaction between wave non-linearities, wave-breaking induced turbulence, undertow, infragravity motions and swash processes. To explore each of these contributions to the sediment transport, the full-scale Barrier Dynamics Experiment (BARDEX II), performed in the Delta Flume in June 2012, provides a new dataset for the rigorous testing of the performance of beach profile evolution models in the case of steep beaches. This new experiment will improve our knowledge on (1) swash zone processes, including infiltration and exfiltration of water into the sand and subsequent groundwater table response, (2) bore-generated turbulence inducing suspend sediment transport, (3) surfzone sandbar dynamics and (4) overtopping/overwash impact on barrier dynamics. This study aims at testing the ability of the process-based beach profile model 1DBeach in the case of a steep beachface and a predominance of plunging breakers. In this context, we tested the model with a morphological sequence characterised by onshore and subsequent rapid offshore sandbar migration for time-invariant wave forcing and falling tide. A simulated annealing algorithm is used to calibrate the model. In this paper, we discuss the model configuration and associated results, as well as the need of intensive high-frequency full-scale data to further develop and improve process-based models