"The problem is that Goldman's traders use a special computer language called "Slang" that was developed for internal use only."
^^^ What in God's name are traders doing going anywhere near a programming language? Surely this is some mistake.
^^^ What in God's name are traders doing going anywhere near a programming language? Surely this is some mistake.
Recently, they've been using R more and more. And as you'd imagine, their code is horrendous but hey, it works.
What I learned is that the entire financial industry relies on Excel and really bad programming. It's really scary to think that 37Signals has better software and software practices than a bank.
There is a growing breed of trader though who can code well. Coding well in a variety of languages is becoming a basic skill along with advanced math & stats for certain types of trading jobs.