What Programming Language For Trading Jobs ?

Discussion in 'Professional Trading' started by Fundlord, Jun 20, 2016.

  1. conduit

    conduit

    sorry I brought you down, I just try to be brutally honest. Most with a laissez faire attitude just don't make it in most financial firms. There were 250'000 students who applied for Goldman internships just recently. The street is littered with resumes of applicants wanting entry level as well as experienced positions. If you want the softy, touchy, nice, polite attitude then go and apply for a job at the next door furniture store or auto salon.

    http://uk.businessinsider.com/goldman-sachs-careers-total-job-applications-for-2016-2016-6


     
    #21     Jun 21, 2016
    Simples likes this.
  2. MrMuppet

    MrMuppet

    @conduit: THIS!

    IMO you have to ask yourself the question what you can bring to the table.
    Finance firms either want highly experienced and specialised people and as a grad you are not one of them. Or they are looking for bendable, "educatable" and moldable waterboys which are dime in a dozen.

    The OP is basically a victim to the greatest bubble in centuries namely the education bubble. Just everyone went to graduate and took loans in order to do so, just because their parents told them it was a good idea.
    30 years ago it was, because highly educated people were rare.
    Now you have a truckton of people who know how to model a jump diffusion process and everyone is looking for a job. Over a dozen of my friends stayed in university in order to do their Ph.D.'s because the job market was not "favourable" 5 years ago. Now they finished and complain about the fact that they studien almost ten years to get paid so little in their entry positions. If that doesn't ring your bell, I don't know what does.

    I wont be surprised when in ten years plumbers are driving lamborginis because there is just noone who can fix a toilet.

    If you really want a job in finance and you haven't won a nobel price yet or don't have Wall Street pedigree, your only chance is networking and making a couple of friends who haul you in.

    Sorry to bust your dreams bro, but your first lesson should be simple economics, namely supply and demand. Everyone would like to suck on Wall Streets tits for the 80hr weeks and the fat paychecks. So do you really think you can defeat your competition by learning how to code??
     
    Last edited: Jun 21, 2016
    #22     Jun 21, 2016
  3. IAS_LLC

    IAS_LLC

    For the people suggesting assembly for speed....do you actually know of anyone still writing assembly? C/C++ compilers are pretty damn good these days....if you really need speed, you probably need an FPGA....so learn VHDL ;)
     
    #23     Jun 21, 2016
    userque likes this.
  4. Yep, I know a C programmer working at a commodities MM here in London who occasionally drops down to assembly to optimise routines for specific processor instruction sets. C compilers have come a long way but by their very nature there will always be optimisations available.

    FPGAs are great if your requirements rarely change and it's feasible to condense your logic into VHDL in a timely manner. Like everything, they have their place. Not entirely practical if you are doing R&D or need a quick turnaround though. :confused:
     
    #24     Jun 21, 2016
    Occam and IAS_LLC like this.
  5. IAS_LLC

    IAS_LLC

    Interesting. I usually only look at assembly for debugging and verification that the compiler optimizations are doing what I think they are. Thanks for the info!
     
    #25     Jun 21, 2016
  6. Yep. I think that's how the vast majority of coders are exposed to assembly these days. I mean, I can quite happily read it, but can't remember the last time I wrote any. Only people working in very niche areas are concerned with coding it. And even then they only consider it once they have exhausted all the (much more productive) kernel bypass optimisations etc.
     
    #26     Jun 21, 2016
    IAS_LLC likes this.
  7. userque

    userque

    In addition to the above-mentioned. Machine code/Assembly is also used for cracking software. So, you probably won't know, that you know someone that uses it for that purpose. :)
     
    #27     Jun 21, 2016
    IAS_LLC likes this.
  8. Turveyd

    Turveyd

    No vb6 much faster to Dev and install on PCs, .NET only for web apps.

    Tried a few others, not as good, .net takes atleast 4xs longer to code the same thing and its not as good, which is just sad.
     
    #28     Jun 21, 2016
  9. This is one of the most laughable posts I've seen on these boards. And I've seen a few. Thanks for the chuckle. ;)
     
    #29     Jun 21, 2016
  10. Turveyd

    Turveyd

    I miss assembly, only the best of the best could handle it, new stuff lowering the requirement big time.

    6502 C64 and BBC
    6809 dragin 32
    Z80a spectrum
    Then 68020 Amiga.
     
    #30     Jun 21, 2016
    userque likes this.