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No they don't, GS strats have overwhelmingly used Slang/SecDB for many years now.
by achamayou 7y ago
No they don't, GS strats have overwhelmingly used Slang/SecDB for many years now.
- ncmncm 7y agoI have had no contact with GS for 25 years, but KDB is unaccountably popular in other places on the Street. The specialized time-series database lost much of its reason to exist when disk seek times went to zero. Nowadays you stage onto an SSD, and spool to rotating storage later, if at all.
- achamayou 7y agoThey vastly exaggerate their popularity, helped by the lack of publicly available information. The number of quants writing q is dwarfed by those writing Python, Scala or even Slang. First Derivatives’ revenue last FY was ~200m and their pre-tax profit is ~17m. To say that they are unaccountably popular on the Street is quite an overstatement.
- ncmncm 7y agoLast time I went interviewing, I found places who admitted using it. $200M revenue is nothing to sneeze at, for strictly optional infrastructural software.