February 20th, 2008, 10:24 pm
QuoteOriginally posted by: twofishQuoteOriginally posted by: spiceC++ coding? I would expect hedge funds to be the last place to place an emphasis on it?There are lots of different types of hedge funds. Those that do high frequency quantitative trading require very, very good C++ coding skills. One common thing that you will hear from some hedge funds is "we are not a finance company, we are a high-technology software company that does finance."That is true. For example, see the quote from Two Sigma:Technology is an integral part of the trading strategies, corporate functions and life in general at Two Sigma. To us, technology is a profit center, not merely a cost item, and it continues to be a driving force behind our company structure. Each day, our staff works in small teams to develop and improve analytical and measurement tools for the financial markets, and we encourage collaboration - a structure that seems rare in the financial field. In fact, many have observed that we look and feel a lot like a software firm. Sounds good to us.