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The question is about quantitative finance, which is much larger than just HFT. In those spaces, the actual language is almost irrelevant. Hell, you can eek o
by veyron 15y ago
The question is about quantitative finance, which is much larger than just HFT. In those spaces, the actual language is almost irrelevant. Hell, you can eek out sub-100 microseconds tick-to-trade times using perl, 150 using python and 200 using awk. And when your strategy has a 10-day horizon and predicts returns of 5% on an asset, missing a few cents due to the system is almost negligible.
That being said, the development performance (speed, iterative ability) become more important, and most quants are fluent with C++ or Java.