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RE: What Kind of Technology is Used in HFT?

in #money6 years ago

Wow, thank you very much for the thorough and in depth response, I really appreciate it! That is a very interesting point you brought up about how automation can create even more opportunities than it destroys, and I have never really thought of it that way yet. That seems like a pretty cool job to be an algo futures trader! What did you study in college? I was thinking about studying finance/accounting because that is what I am interested in, but I was also thinking that it would be smarter to learn about coding and computers with the direction society is going.

Another quick note about what made me start to fear quants: Have you seen the show Billions? Best show ever, I highly recommend it!!! Anyways, in a recent episode, Taylor (a temporary hedge fund manager) thought about recruiting quants for algo trading, and all the traditional traders were scared about losing their jobs. I just started to think that this is actually what is happening on Wall Street.

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