Wikipedia:Reference desk/Archives/Humanities/2023 November 19

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November 19

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Five Rings Capital

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Hi. I am interested in making an article of Five Rings. It's quite well known in the quantitative propietary trading firm circles.

Problem is despite its prestige, I can't seem to find any good sources on it. It's really hard to find anything on it from a reliable source.

Want to know if anyone is able to find something on it?

Imcdc Contact 06:07, 19 November 2023 (UTC)[reply]

Interesting/Strange! I googled "five rings capital" and went to www.fiverings.com which has no information at all on what the organisation is or does. It does however prominently mention campuses - so is it a teaching institution - doubt it. Most of the webiste is about recruiting programmers - and whilst required skills & computer languages get mentioned, I could discern no mention of what it is that they program to do. Hmm. -- SGBailey (talk) 07:04, 19 November 2023 (UTC)[reply]
They likely stare at screens all day or work from home. A quick look at www.fiverings.com shows its located in London and NYC. They hire traders and it also states: "New hires work both independently and with others to develop ideas and analyses, and integrate them into our trading strategies and systems." Which means they have a team of traders (day traders?) at workstations that work the exchanges with in-house customized software developed by their programmers. Its devoid of financial/investment disclosures, but there are business review sites like glassdoor.com with some info. On Investopedia they are listed as a High-Frequency Trading (HFT) Firm here. Modocc (talk) 12:26, 19 November 2023 (UTC)[reply]
Five Rings is basically a High-frequency trading that uses computers and programs to trade securities like equities or bonds in milliseconds. A firm like Jane Street Capital can trade over $13 billion in global equities in a single day.
However unlike similar peers like Jane Street or Citadel Securities, there is just nothing on Five Rings especially from a reliable source. They are very secretive. So I guess there's no point pursuing this until some major news org decides to cover them in depth. Imcdc Contact 11:16, 20 November 2023 (UTC)[reply]

Duquesne College, Pittsburgh

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Can anyone help me find information on this institution? All I know about it is that one of its presidents, John Black, was a conservative Presbyterian minister who lived in Pittsburgh from 1800 to 1849; it's far too early for the current Duquesne University, and it can't be a prior Catholic institution, since neither the Presbyterian nor the Catholics would have accepted the other. Everything I find with Google is about the current university, and here in Australia I don't have access to offline resources. Nyttend (talk) 21:45, 19 November 2023 (UTC)[reply]

"in the year 1844 a charter was granted by the Court of Common Pleas of Allegheny county to Duquesne College, an institution which was an offshoot from the Western University of Pennsylvania."[1] Its first president, until his death, was Robert Bruce, who before that was chancellor of the Western University of Pennsylvania.[2] Our article on Bruce calls it "College Duquesne" and describes the "offshoot" as a secession. Every snippet I find establishes the college as firmly Presbyterian. Apparently it ceased to operate as an autonomous institution by that name by 1883.[3]  --Lambiam 11:05, 20 November 2023 (UTC)[reply]
Duquesne College Application for a Charter - August 12, 1843. Alansplodge (talk) 11:17, 20 November 2023 (UTC)[reply]
A tantalising snippet about Bruce and the founding of the college from Google Books:
"... group of students who felt that he had been pushed out by members of the Board of Trustees who wanted a more progressive curriculum. The next year he obtained a charter for a Duquesne College, and in rented rooms the master and his students carried on until his death in 1846".
The Voice that Speaketh Clear, Arthur Milton Young. University of Pittsburgh Press, 1957 (p. 36). Alansplodge (talk) 11:38, 20 November 2023 (UTC)[reply]