4 ms·
What do you disagree with if I may ask? Most of the people I work with really like Julia, we have dabbled with it and would like to see it succeed python/matlab
by short_sells_poo 5y ago
What do you disagree with if I may ask? Most of the people I work with really like Julia, we have dabbled with it and would like to see it succeed python/matlab/r.
Why aren't we moving, you ask? Because moving to another ecosystem does not put bread on the table. I cannot go to clients and say: this past 6 months we made no improvements to our strategies, but look, we migrated to a new programming language that is used by a fraction of a percent of our peer group.
The field attracts clever people and there are many greenfield projects. But just because we start a new project, it doesn't mean that doing it in a tiny ecosystem is sensible. Some firms can do it. Jane Street has the means to basically be "OCAML The Systematic Trading Language". This is not a luxury afforded to most.
And thus we get a chicken and egg problem, where nobody wants to be the sole first mover as there's little advantage to it. At the same time, we all see that everyone would be much better off if we moved.