3 ms·
> Although financo/algo-trading is math heavy, it does not fall into the category of scientific computing. Care to elaborate on why this wouldn't be the case?
by Galanwe 3y ago
> Although financo/algo-trading is math heavy, it does not fall into the category of scientific computing.
Care to elaborate on why this wouldn't be the case?
As far as I can see, half of my desk is ex CNRS/CERN/CEA/... , the other half is the top brightest PhDs and engineers. When I look at weather forecast models, or biological DNA white papers, I don't see much difference in terms of scientific process or category of problem than what we see in quantitative finance.
It may be sad, but the truth is finance phagocytates an immense chunk of the scientific community,abd it provides. There are interesting and hard problems to solve, virtually unlimited compute resources, etc.
Most top quant HF have yearly double digit million dollar infrastructure bills, compute and storage clusters rivaling or surpassing academic ones, dedicated hardware manufacturers, etc.
- BeetleB 3y agoI'm not disputing that there is seriously heavy math involved - many of my fellow PhDs in physics/engineering went to finance. It's just not what people consider as "science" :-) My point is that branch of HPC developed somewhat independently of most of other science disciplines. It's also relatively newer, so it doesn't rely heavily on legacy code from the 70's/80's. Generally, newer disciplines (computational biology, modern ML, etc) don't use Fortran. Older stuff (physics, electromagnetics, most engineering, etc) are full of Fortran, and continue to be.