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Anyone who does algorithmic trading, what platform do you use? Do you roll your own? I’ve had a passing interest in this field for years but have not done anything myself.
flask + postgres + keras - it’s rather easy to train models based of arxiv research papers. eg i trained a model using this method ( https://arxiv.org/abs/1601.01987 ) and trade fairly frequently on minuscule amounts using the kraken (cryptocurrency exchange) api.
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Most roll their own and use C / C++ / custom hardware for bare metal performance. Disclaimer: I've worked for two of the largest HFT firms in the US over the course of the past 11 years.
Note that algorithmic isn't just HFT.
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Most roll their own and use C / C++ / custom hardware for bare metal performance. Disclaimer: I've worked for two of the largest HFT firms in the US over the course of the past 11 years.
Can you share compensation info and work life balance? Ive always wanted to break in on this industry? Also, what types of skill set they are looking for?
The way to break into finance, besides some luck or a recruiter, is being exceptional at what you do. If you write C++, be the best C++ developer you can be. If you tune Linux servers, you better know every sysctl knob literally in and out AND where in the kernel those are actually applied. If the knob doesn't work, perhaps you'll need to write your own (kernel patch) to toggle a specific tcp/ip tunable. I breathe Linux in my sleep because I've always found it fascinating and got lucky when a random recruiter found me while I was working on the Core Systems backend Linux team at Ticketmaster. Then it is simply a matter of putting your resume out and/or finding a recruiter who works with those firms. Some of them are more niche. Jane Street Trading, as an example, requires every employee to write Erlang. Being good at erlang isn't super common so that might be an "in". Two Sigma does a lot of open source work (they have a github and have contributed a lot of stuff to both the Mesos and Kubernetes communities). Honestly man, just do some research, find something you want to learn, and strive to be the best.
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Can you share compensation info and work life balance? Ive always wanted to break in on this industry? Also, what types of skill set they are looking for?
Work life balance depends on the firm. If you're talking say Virtu or Citadel (two of the best equities players), you have no life, but you're payed a king's ransom. I was single and hungry to be the best technologist possible and it was great before I got married. I worked for Madison Tyler (Virtu's original trading company which finally merged with it for almost 5 years). Others are more amenable to a sensible work…
Anyone who does algorithmic trading, what platform do you use? Do you roll your own? I’ve had a passing interest in this field for years but have not done anything myself.
Earlier quoted context omitted.
Algorithmic trading is the epitome of a meritocracy. I'm highly skeptical of anyone offering a degree in algorithmic trading other than as a historical perspectives. It's an evolving field and extremely cutthroat. I would liken it to going to film school and trying to become Steven Spielberg.
How is the correlation between "epitome of a meritocracy" and "higly skeptical of a degree"? Is that for it being an evolving field?