4 ms·
There are still a number of players in the HFT space that use JVM languages. I think as with any space, if you really zoom into the details, you see a lot of d
by taion 6y ago
There are still a number of players in the HFT space that use JVM languages.
I think as with any space, if you really zoom into the details, you see a lot of diversity. You're obviously right in that people who are still hitting the CPU can't compete with people that do everything on FPGA, but it seems like there's still plenty of money to be made by people who are just a bit less fast than that.
I've heard people argue that they prefer being in that sort of space, too, as it gives them a bit more room to compete on their own alphas, and tends to be a bit less winner-take-all.
- ifdefdebug 6y agoI think GP had that covered mentioning a [fast]<--->[smart] continuum.
- cashewchoo 6y agoYeah absolutely. There's money to be made across the spectrum of fast and smart. My experience is just way on the left side, where the special sauce is only barely statistics-y but extremely technical (both from a software/hardware standpoint and market microstructure saviiness standpoint). I'm not trying to gatekeep who can call themselves HFTs or not. The main thing I find funny is if you ask 10 firms if they're HFT or quant shops, it will probably not actually line up all that well with exactly how many orders they send or how speed-sensitive they are.
- deleted 6y ago[deleted]
- kyawzazaw 6y agoIn a info session, IMC mentioned they use Java for some of their systems.
- deleted 6y ago[deleted]