Comment Dont forget "Erlang Programming" (Score 1) 63
Dont forget "Erlang Programming" http://oreilly.com/catalog/9780596518189/. Its been out for a while
Dont forget "Erlang Programming" http://oreilly.com/catalog/9780596518189/. Its been out for a while
The plumbing is not the problem here. It is the Quant models that _are_ the market in many cases (certainly where ever hedge funds are significant players).
What is tightly regulated? Half the Quant algo trading models get thought up in the evening, coded overnight and activated in the market the next morning.
If you try and slow them down they just run to the head of the desk bleating that the "nasty IT man stopped me making $1000,000,000 for the bank with his silly QA nonsense" and whoosh, its in production. It is prop trading so its their risk.
All the simple programs have been written.