Hi everyone, i work as a junior trader (started less than 2 years ago) for a european IB, mainly doing vanilla STIR and Govies and i want increase my knowledge of programming. I have a BSc in economics and MSc in quant finance (theoretical master), but i am scarce at programmimg. I fear that for HFT and algo trading my background doesn't fit, as far as i know you need good math/fisics/engeneering background, but i would like to move to a hedge fund where still discretionary trading is done (global macro/relative value) and my experience in interest rate products can be an asset. i.e i am not super quant guy, but i get it and i ve been trained extensively on interest rate products. Can anyone advise me on THE lenguage that i need to know to rise the probability to be hired? What hedge fund require for a junior trader/assistan trader position. VBA? Matlab? Python? C++? Java? I know that C++ is the best, but takes time to learn and for the position i am looking for is not really what i need... any suggestion or advice is more than welcome
how do you know c++ is the best? anyway, language doesn't matter; 99% of people give up within a week
in the decreasing order: (a) Excel/VBA (b) Matlab or R (c) Python depending on what you are trying to do. for delta-1 fixed income world (talk to Martinghoul for more details), i'd go with matlab or R - easy to do all sorts of PCA and regressions, very rapid development etc. I use R, but that's because S+ was the language of choice at my first place of work.