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Testimonials

Testimonials tagged Finance and Markets:

The Wall Street Dollar

I am using your random number generator to set the value of a proposed currency called the Wall Street Dollar. This currency would be intended for transactions among parties who seek exposure to conflicts of interest in the financial industry, such as proprietary trading, investment rating, executive compensation and financial industry political contribution.

Pseudo-random numbers were out of the question, since they would be vulnerable to the kind of manipulation the new currency was invented to avoid. Only the highest quality random numbers could be used.

They could also be used to introduce minute random delays into the transaction processing of the proposed exchange for Wall Street Dollars to ensure fairness and to thwart high-frequency trading.

Your service is indispensable.

—Christian Marks

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