Is anyone knowledgeable on programming language implementation of algorithmic trading?
I am going to propose a research project on functional programming and algorithmic trading.
My proposal is here: http://pastebin.com/wcigd5tk
Any comments would be very appreciated.
What do you think the future of functional languages in the financial field is? I see many job postings that ask for experience in java and C++, and i dont understand why.
Jane Street is very well known for using OCaml for their trading software. Here you can find some reasons why they decided to use functional languages rather than imperative ones. They also have a blog describing several specific solutions to problems they encountered during development.