Timber Hill, every mention
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tap a year for its mentions
every year anyone David Senra 11
Verbatim, from the transcripts: the passages where Timber Hill comes up
The Billionaire Who Automates Everything: Thomas Peterffy
- ▶ 15:20 David Senra By 1982, his operation had grown large enough to deserve a name, Timber Hill. 2 times in the scene
- ▶ 18:47 David Senra Melvin went through Timber Hill's two-week training course, learning to take Peterfi's instructions and relay orders to specialists. 2 times in the scene
- ▶ 25:01 David Senra The system survived, and despite a few hiccups, including a three million dollar loss, when a drafty door triggered phantom trades on a backup device, Timber Hill made twenty-five million dollars that year, and fifty million dollars the…
- ▶ 26:57 David Senra As Interactive Brokers began its ascent, Timber Hill entered in its twilight.
- ▶ 27:22 David Senra Timber Hill was left with their exhaust fumes. 3 times in the scene
- ▶ 29:33 David Senra By 2017, Interactive Brokers had so thoroughly eclipsed Timber Hill that Petrify shut down the market-making operation entirely, ending a forty-year run that had once made it the world's largest options market maker. 2 times in the scene