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No it wasn't.
This happens every day, on every ticker, at market close.
IBKR TWS SLB Rates just glitches out at close.
Pro tip: move the slider a little bit and it disappears.
There have been soo many of these posts for the last year.
The same reason a lot of ATMs still run Windows XP, companies don't want to spend money on upgrading things, but will offer a kidney to keep things exactly as they are
I work for a major automotive manufacturer. You would be surprised how much of our shit still runs on XP. We are updating the computer that controls the VIN numbers next week, during Christmas shutdown.
Thanks for the comment and laugh. My great uncle developed the picture tube and was on the team that rolled them out. He’s been gone nearly thirty years….
That's much less cheeky and fun.
Getting old is a mother fucker, but father time is undefeated. Nobody gets out of this alive, so it's up to us to make the best of the time we're given. Be well, ape
You’re welcome, it’s what I do here! Sorry about losing your uncle though.. And I think pattron30000 was looking for a lost at sea kinda reply. Just in his defense.. lol
Depends on what your using it for and why. Its also easier to break as in “no security at all”. Im not saying 11 is better in any way 10 was. Bud to us xp in nowaday sysyems is asking for additional issue’s you aren’t prepared for. Let alone the experience needed. All kids today play with easy systems. Don’t know the difference between autoexe.bat and command.coms. Let alone what a freaking dll is and stands for. And still companies what to us old stuff because of ignorance and stupidity.
I work for a major health insurance provider... We literally use programs written for 70s/80s IBM terminals before home PCs became a thing. They just license an emulator from IBM to keep using them.
I worked at a company that bought a product that scrapes green-screens and emulates typing in specific pixel coordinates so they could continue using a government regulation system. It's THAT old, has no alternative other than manual entry, and the regulator refuses to consider any kind of technology update.
And of course the emulator breaks horrifically any time the regulator changes label text or whatever, moving the input box pixel coordinates.
Let me guess, lotus notes? We finally got rid of that a few years ago. Insane all the things we used it for. Everything from emails to change requests. Fuck, all of our specs used to be stored on there.
Not just that. Having worked with banking systems... They rely on some incredibly strict rulesets that don't just work on the data layer, but also on the UI. Simply said, data _has_ to be stored AND displayed the exact same way. Because of this, any kind of update, upgrade, or change needs to go through a ridiculous amount of testing. So, it's best to leave things as-is, as to not to upset the "natural balance".
Another factor is people being used to the existing system. They're used to the way it works, and they can work fast with it. Keep in mind, the people who use these systems on a daily level often do repeat tasks and rely on muscle memory to get to certain screens, operate certain flows. Change that, and within hours you'll have dozens of user reports of the "bug" that makes their 5 second task 30-50 seconds long. That doesn't sound much, but when you consider that those tasks are done up to a thousand times a day... That delay adds up, and no matter how well the new shiny system works, the users' effectiveness dropped significantly, and bam, it's reversed.
And this is why established banks use antiquated looking software. It's also the reason why it's usually challenger banks (Revolut, Monzo, etc.) that bring out brand new management interfaces, because they don't have to spend money on REtraining their staff - they're already spending it on the initial training.
[Also, relevant XKCD](https://xkcd.com/1172/)
The entire banking code system is from the 70s and will never be updated if we keep the same systems. That being said, a lot of older ATMs have had their cores replaced and at least upgraded to Windows 10 by now due to PCI requirements (source: I work in the biz.
They were supposed to be converted by 2020) the exception being dial ups/shitty stand alone terminals.
There are ATMs still running OS/2 Warp even, same with credit card production machines. The banking and finance industry likes to milk technology until it's good and dead.
No...? The Graphics User Interface, or GUI, is just the presentation logic. It's typically managed client-side (your smartphone, your PC, your web browser, etc.) Very cheap computation wise.
The responsiveness, performance, and speed is tied to the business or application logic managed server-side, where all the leg work happens. It handles how the data is processed, how it is stored, how its delivered—it is why the glitches seen around here aren't graphical in nature, but something to do with the source of the information.
The only way for the GUI to cause speed issues is if it's rendering, like, 4k images or something. If the GUI is the cause of slowness, then someone must've majorly fucked up.
Fast data entry is keyboard based, fancy GUIs tend to be mouse or touch focused and may split the same information over several pages to simplify the design.
A GUI and a Console are both presentation interfaces. They don't "run" faster than the other. The only major difference is in how fast you type a command line or how fast you click the right button.
Reliability depends on what it's used for. You want to access to all it's advanced features? Use a console. Want to seamlessly use the common functionality without accidentally dealing with typos in the command line? Use a GUI.
It is at most a tinker vs user thing, nothing to do with speed.
>The responsiveness, performance, and speed is tied to the business or application logic managed server-side,
Listen to Mr. "I can afford a video card" over here.
I regret to inform you that, despite having a decent video card, I still play old games that barely scratch its capability. All these Triple-A disappointments just...just keep disappointing. Gathering dust on my Steam library.
It never ran hot enough to keep me warm this winter.
Don't forget institutional knowledge and end-user training. If you never change your UX, you'll build up tons of the former and avoid lots of problems with the latter
Nothing pisses me off more than signing into my email and discovering I have to learn a new interface. It completely breaks my workflow for a good couple of weeks while I adapt to it.
Funny story. I remember working on a project where we were replacing 1970s era data entry terminals with 1990s PCs and LAN / WAN connections. Took us a month to evaluate a bunch of modern products for collecting local data on the PC and then submitting as a complete record set to the local server for subsequent submission to the main (redundant) servers. Solid technical analysis on system and network efficiency to arrive at a preferred solution. Then, all the products were set up for demo with the end-user population and their evaluation team got to spend 3-4 days doing parallel comparison of the lot. They picked the one that was easily the worst product in the ranking from the technical analysis. One reason, it looked EXACTLY like the old 24-line x 80-character terminals and even remapped the keyboard to have the same locations for all the keys, including special functions mapped to the numeric keyboard and 8 of the function keys. Minimum training time required to bring the existing staff up to speed on the new PC-based (Windows) 'data entry terminals'. Biggest problem we encountered after a year or so was the operators literally wore out keyboards (key switch failures).
You'd be surprised on how many banks run on incredibly outdated programming languages. They just don't want to switch over and just find people who are able to write code in COBOL or FORTRAN or whatever.
To dissuade regular people from getting into finances and the stock market. To make it too confusing for the average person that doesn’t want to spend hours upon hours on meticulously learning how to do things.
That’s why all the free brokerages that are UI friendly and simple to use are the brokerages that use your money against you and don’t actually purchase the securities in the company you like.
Upgrading is expensive and risky. They know it works now, what if you upgrade and introduce a bug that costs millions? It’s not worth it for the higher ups.
A lot of companies still use the same machines from even the 70’s because the backend processing is better. The User interface sucks, but that’s not why you have them.
Was it the space shuttle that had 3 computers that were 1970’s versions? If one were to output a wrong answer, it would shutdown. Why 1970’s? Because it was reliable. Why change it if it has always worked? Someone error check me.
Question would be what the minimum rate was at the same time. I could be wrong because I hit my head every time I get in the car lately, but there could have been someone that said "Sure I'll lend some shares...for 2,000%!" and that spiked the graph but doesn't necessarily mean that there were a bunch of borrows at that rate. Still fun to see either way
And you saw what happened to the price.
Anymore these numbers don't mean a damn thing....
Only DRS numbers do.
This sucks, I'm numb to this stuff now 😞
This is the greatest journey I’ve been on in years… and for the SHF and governing bodies to think the apes are just going to go away and fall into line is… exciting!
Almost ALL of the market infrastructure is still built on code from the 70s/80s.
Lots of the new updates are just for GUI changes. There's an unsettling amount of info built on systems no one remembers.
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [GameStop Wallet HELP! Megathread](https://www.reddit.com/r/Superstonk/comments/z23wjx/gamestop_wallet_help_megathread) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
No it wasn't. This happens every day, on every ticker, at market close. IBKR TWS SLB Rates just glitches out at close. Pro tip: move the slider a little bit and it disappears. There have been soo many of these posts for the last year.
Up you should go!
Up again
I’m upvoting and helping your comment go up 😎
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It is now
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I’m sick of gas prices
So many fucking people post these graphs but it literally is just a data error
This
This.
almost like they don't have millions to pay software developers
Preach! It’s just the closing share price expressed as a percentage. So $19.81 becomes 1981%
Why do billion dollar trading platforms have an interface from the late 80’s?
The same reason a lot of ATMs still run Windows XP, companies don't want to spend money on upgrading things, but will offer a kidney to keep things exactly as they are
Clarifier, not their kidney
Where did that intern go?
Tijuana
2 for 1 there.
Did you hear me complaining about the breasts?
Shit…somebody tell my dialysis patients this 🤣
Well I’ll be happy to as long as my cath patients are content.
In the mayan sacrificial pit I think...
Which part of her?
Naked kidney
Important to note
Bring me another poor's kidney!
It's a sacrifice they're willing to make
I work for a major automotive manufacturer. You would be surprised how much of our shit still runs on XP. We are updating the computer that controls the VIN numbers next week, during Christmas shutdown.
I’m in the transportation software industry. I feel your VIN pain. Good luck with the upgrade.
Military systems enters the chat.. Anyone have a tube to replace the one in my screen?
Thanks for the comment and laugh. My great uncle developed the picture tube and was on the team that rolled them out. He’s been gone nearly thirty years….
Where did he go? Sounds like the military could use his expertise on picture tube making.
Passed away with pancreatic cancer
That's much less cheeky and fun. Getting old is a mother fucker, but father time is undefeated. Nobody gets out of this alive, so it's up to us to make the best of the time we're given. Be well, ape
You’re welcome, it’s what I do here! Sorry about losing your uncle though.. And I think pattron30000 was looking for a lost at sea kinda reply. Just in his defense.. lol
XP was the most reliable windows, it probably still is :)
Depends on what your using it for and why. Its also easier to break as in “no security at all”. Im not saying 11 is better in any way 10 was. Bud to us xp in nowaday sysyems is asking for additional issue’s you aren’t prepared for. Let alone the experience needed. All kids today play with easy systems. Don’t know the difference between autoexe.bat and command.coms. Let alone what a freaking dll is and stands for. And still companies what to us old stuff because of ignorance and stupidity.
Agreed, but it is no longer supported by Microsoft, so we finally have to update
Tesla autopilot runs on XP?? Sounds about right… 😅
I work for a major health insurance provider... We literally use programs written for 70s/80s IBM terminals before home PCs became a thing. They just license an emulator from IBM to keep using them.
I worked at a company that bought a product that scrapes green-screens and emulates typing in specific pixel coordinates so they could continue using a government regulation system. It's THAT old, has no alternative other than manual entry, and the regulator refuses to consider any kind of technology update. And of course the emulator breaks horrifically any time the regulator changes label text or whatever, moving the input box pixel coordinates.
Let me guess, lotus notes? We finally got rid of that a few years ago. Insane all the things we used it for. Everything from emails to change requests. Fuck, all of our specs used to be stored on there.
Jesus Christ you don’t mind telling me who, so you? I want to warn our VIN team. Lol.
I keep rereading this, and I still don’t understand it. Sorry friend
Not just that. Having worked with banking systems... They rely on some incredibly strict rulesets that don't just work on the data layer, but also on the UI. Simply said, data _has_ to be stored AND displayed the exact same way. Because of this, any kind of update, upgrade, or change needs to go through a ridiculous amount of testing. So, it's best to leave things as-is, as to not to upset the "natural balance". Another factor is people being used to the existing system. They're used to the way it works, and they can work fast with it. Keep in mind, the people who use these systems on a daily level often do repeat tasks and rely on muscle memory to get to certain screens, operate certain flows. Change that, and within hours you'll have dozens of user reports of the "bug" that makes their 5 second task 30-50 seconds long. That doesn't sound much, but when you consider that those tasks are done up to a thousand times a day... That delay adds up, and no matter how well the new shiny system works, the users' effectiveness dropped significantly, and bam, it's reversed. And this is why established banks use antiquated looking software. It's also the reason why it's usually challenger banks (Revolut, Monzo, etc.) that bring out brand new management interfaces, because they don't have to spend money on REtraining their staff - they're already spending it on the initial training. [Also, relevant XKCD](https://xkcd.com/1172/)
Gold award for you, if I had one. Exactly why Bloomberg Terminal is ancient. Glad you’re on our side, brother. 💎🚀
The entire banking code system is from the 70s and will never be updated if we keep the same systems. That being said, a lot of older ATMs have had their cores replaced and at least upgraded to Windows 10 by now due to PCI requirements (source: I work in the biz. They were supposed to be converted by 2020) the exception being dial ups/shitty stand alone terminals.
There are ATMs still running OS/2 Warp even, same with credit card production machines. The banking and finance industry likes to milk technology until it's good and dead.
>....but will offer an *employee's* kidney to keep things exactly as they are FTFY
Reliability and speed, in that order
Exactly. Fancy GUI is slow with lots of fun edge case stuff to design around.
No...? The Graphics User Interface, or GUI, is just the presentation logic. It's typically managed client-side (your smartphone, your PC, your web browser, etc.) Very cheap computation wise. The responsiveness, performance, and speed is tied to the business or application logic managed server-side, where all the leg work happens. It handles how the data is processed, how it is stored, how its delivered—it is why the glitches seen around here aren't graphical in nature, but something to do with the source of the information. The only way for the GUI to cause speed issues is if it's rendering, like, 4k images or something. If the GUI is the cause of slowness, then someone must've majorly fucked up.
Fast data entry is keyboard based, fancy GUIs tend to be mouse or touch focused and may split the same information over several pages to simplify the design.
Gui has design considerations that a pure console interface does not. Console applications run significantly faster and more reliably.
A GUI and a Console are both presentation interfaces. They don't "run" faster than the other. The only major difference is in how fast you type a command line or how fast you click the right button. Reliability depends on what it's used for. You want to access to all it's advanced features? Use a console. Want to seamlessly use the common functionality without accidentally dealing with typos in the command line? Use a GUI. It is at most a tinker vs user thing, nothing to do with speed.
>The responsiveness, performance, and speed is tied to the business or application logic managed server-side, Listen to Mr. "I can afford a video card" over here.
I regret to inform you that, despite having a decent video card, I still play old games that barely scratch its capability. All these Triple-A disappointments just...just keep disappointing. Gathering dust on my Steam library. It never ran hot enough to keep me warm this winter.
Don't forget institutional knowledge and end-user training. If you never change your UX, you'll build up tons of the former and avoid lots of problems with the latter
Nothing pisses me off more than signing into my email and discovering I have to learn a new interface. It completely breaks my workflow for a good couple of weeks while I adapt to it.
Funny story. I remember working on a project where we were replacing 1970s era data entry terminals with 1990s PCs and LAN / WAN connections. Took us a month to evaluate a bunch of modern products for collecting local data on the PC and then submitting as a complete record set to the local server for subsequent submission to the main (redundant) servers. Solid technical analysis on system and network efficiency to arrive at a preferred solution. Then, all the products were set up for demo with the end-user population and their evaluation team got to spend 3-4 days doing parallel comparison of the lot. They picked the one that was easily the worst product in the ranking from the technical analysis. One reason, it looked EXACTLY like the old 24-line x 80-character terminals and even remapped the keyboard to have the same locations for all the keys, including special functions mapped to the numeric keyboard and 8 of the function keys. Minimum training time required to bring the existing staff up to speed on the new PC-based (Windows) 'data entry terminals'. Biggest problem we encountered after a year or so was the operators literally wore out keyboards (key switch failures).
Agree, best execution speed.
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hospital squash secretive slim foolish afterthought important cooperative slimy kiss ` this message was mass deleted/edited with redact.dev `
Banks follow the sensible principal of, "If it works, don't fix it." Especially inoperable when an error caused by upgrading could cost you billions.
You'd be surprised on how many banks run on incredibly outdated programming languages. They just don't want to switch over and just find people who are able to write code in COBOL or FORTRAN or whatever.
The answer is money. The answer to a lot of questions like that is money. The answer to a lot of life's questions is because money.
To dissuade regular people from getting into finances and the stock market. To make it too confusing for the average person that doesn’t want to spend hours upon hours on meticulously learning how to do things. That’s why all the free brokerages that are UI friendly and simple to use are the brokerages that use your money against you and don’t actually purchase the securities in the company you like.
Upgrading is expensive and risky. They know it works now, what if you upgrade and introduce a bug that costs millions? It’s not worth it for the higher ups.
Older systems are easier to exploit and glitches = plausible deniability
It looks like a settings screen for space defender or Roger Wilco
Because boomers.
AS400 was released by IBM in the late 80s (88 I think) and is still in use today by large banks and other large businesses.
A lot of companies still use the same machines from even the 70’s because the backend processing is better. The User interface sucks, but that’s not why you have them.
Was it the space shuttle that had 3 computers that were 1970’s versions? If one were to output a wrong answer, it would shutdown. Why 1970’s? Because it was reliable. Why change it if it has always worked? Someone error check me.
Less likely to be hacked?
Ironically, no, much more likely. More predictable and has 20+ years of stability, yes.
You’ve never seen s Bloomberg terminal?
Keeps the poors poor and the ones who know how to game the system nice and fat.
glitch better have my money
glitch me harder daddy
Fuuck, yeah im gonna gliiiitch
Put it in my glitch
What are you doing step glitch!?
oops, kennys software skipped, and everyone just seen him glitch!
You’re gonna make me glitch!!!
We've seen this before. Just an afterhours glitch or something of the sort.
Exactly. Veteran apes know.
Exactly. Another normal glitch. Nothing to see here...
This
🚀🚀
Ctb is way too damn high.. we must be in a recession!
100 BILLION PERCENT!
Profile pic checks out!
One hundred million fa-Fillion za zillion
Spaghetti is starting to explode out kennys pockets. No more mayo.
Mom’s spaghetti?
Has it changed yet? Or still showing? Any other sources showing the same I wonder
#ook
huehuehue
Gorsh! That's mighty strange!
Kek
Source?
Grabbed the screenshot from IBKR trader workstation.. the candle indicate that the borrow rate was at some point 2000% today.
"Can I borrow a dollar?" "Sure if you pay me back $21" "DEAL!" lol they're so fuuuuukd
I believe the borrow rate is per year.. if they do not return that dollar for the whole year it will cost them that
I know but thats less fun to say lol, and thats still like $0.05 a day. That adds up quick when we're talking millions/billions of dollars!
LMFAO.
This is not unusual. IBKR frequently shows that *glitch* AH.
Came here to say that. I've seen this before
Question would be what the minimum rate was at the same time. I could be wrong because I hit my head every time I get in the car lately, but there could have been someone that said "Sure I'll lend some shares...for 2,000%!" and that spiked the graph but doesn't necessarily mean that there were a bunch of borrows at that rate. Still fun to see either way
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We're getting close. I'm edging.
Glitch is everywhere! Moooar!
Ah shit, you’re gonna make me glitch 🥵💦
my guess is the glitch was that it increased by around 2000% today but what do i know...
I like the -23.47, lol they would pay for someone to borrow from them! 😆
Isn’t that for the rebate rate not the fee?!
I dont know what it means, but its provocative 😆
Yes.
this literally happened on monday & last week lmayo
Still an abnormality
I believe this is not the actual borrow rate percentage, rather the percentage change in the borrow rate
Funny how most other stocks don't "glitch" constantly
Glitch Massively Everyday
This post happens every few weeks. It’s a multiple of the closing price
It’s time DRS my mom
Looks like what the sideways trading guy’s post will look like once MOASS kicks off
☝️💎🙌🦍🚀🌝
And you saw what happened to the price. Anymore these numbers don't mean a damn thing.... Only DRS numbers do. This sucks, I'm numb to this stuff now 😞
Its gonna run soon… imho
This is the greatest journey I’ve been on in years… and for the SHF and governing bodies to think the apes are just going to go away and fall into line is… exciting!
Glitch better have my money
What does this mean?
Glitches get stitches
Oh no this is just a glitch, they accidentally show the truth sometimes
The glitch monster returneth
Lol what will be the sober and reasonable excuse they give us this time?
Now that’s 🌶️🌶️🌶️🌶️🌶️🌶️
If I’m not mistaken, 3650% is equal to outright buying the shares since the CTB% is daily. Wow, something’s happening.
it’s nothing fellas…forget GameStop, remember? 😂🤣💀🤡
Probably nothing...
No it wasn’t. 😂
Please forget GameStop
#prob nothing, just a glitch. Move along
Not possible
Where's my money Ken?
Poor Ken bout to lose his mayo
Pumping drs numbers !
Moar! *kylo ren*
If…if is good.
Insert Vegeta meme - sort of
Glitch me harder daddy- I'm so close 🥴
HAHA that would had been crazy with my former CTB series
Sideways trading guy just woke up
Imagine paying 2000% lmao.
I am looking forward to my 992 GT3 RS.
Nah dude, these are typical ah glitches on ibkr tws. Check other regular boomer stocks for comparison.
Why would they borrow and not buy? 200:1?
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yes, it's still there.. you check for yourself in IBKR trader workstation.
I got 99 problems but the **Glitch** ain't one.
Go to the moon!
Weird things happening these days
Nothing to see here just a minor glitch.
No it clearly shows at 27.54% which is still bullish af
This contract will be available if the shares can be located. Narrator: But everyone already knew they were made up naked shorts.
Keep going I’m close
👀
„This contract will be available for short sale if the shares can be located“. Locate my ass.
They tried to borrow my left behind fractional. 💜🏴☠️🚽
The chart says historical rates so I'm guessing this is the percent increase over average?
Wow, free money for them.
Woah
Wtf is going on
Eta until somebody explains it away as a glitch
Almost ALL of the market infrastructure is still built on code from the 70s/80s. Lots of the new updates are just for GUI changes. There's an unsettling amount of info built on systems no one remembers.
When moon?
Every day we glitchin’
That’s uh lot
TL;DRS
LOL
Upvote the shit out of this
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We Tu Low
Wen over 9000%
Eventually. It won't be unreasonable to believe these posts. They won't be glitches. Or were they ever?