Algo Trading News Headlines 9/10/2018
Is a Slang programming job at Goldman Sachs a technology career-killer?
If you work for Goldman Sachs, Slang is more than just the signifier of an informal word or phrase: it’s the bank’s very own programming language, devised by some of its most brilliant strats over two decades ago. However, depending upon who you speak to, Slang (short for Securities Language) is also a reason why working for the firm is a) incredibly interesting or b) a very quick way of ensuring you will never work anywhere but GS ever again.
Machine earning: how tech is shaking up bank market-making
This requires human traders to tell quants and technologists how they do their job, which is a tense balancing act. “Clearly, there is going to be the feeling of, ‘Well, you’re just automating everything I’m doing, so what’s in it for me?’” says Ezra Nahum at Goldman Sachs.
You want a machine learning job in finance? They might be less exciting than you think
For starters it isn’t actually clear what machine learning actually is. The term conjures up images of artificially intelligent cyborgs poring over streams of financial data, coming up with novel trading strategies which they then test and modify — all without any human supervision.
What Can The Crypto Robots Offer Us?
Cryptos trading robots utilize our free time and let us think on a passive income that is quite rewarding for a good future. On the contrary, when we are too busy with our own work, it can free up our time and invest on our behalf.
JP Morgan’s top quant warns next crisis to have flash crashes and social unrest not seen in 50 years
The trillion-dollar shift to passive investments, computerized trading strategies and electronic trading desks will exacerbate sudden, severe stock drops, Kolanovic said.
Thanks for reading! If you’re a developer, and believe you can code your way to financial freedom, please support our project “a commission-free brokerage for developers” by joining the waitlist!
Brokerage services are provided by Alpaca Securities LLC (alpaca.markets), member FINRA/SIPC. Alpaca Securities LLC is a wholly-owned subsidiary of AlpacaDB, Inc.
You can find us @AlpacaHQ, if you use twitter.
