Why does derivative trading position always require C++ knowledge?
- by Jeffrey
I’ve never worked in trading environment before and I was curious to see that few of the trading houses seem to use C# but most of them do heavily rely on C++. Why is it?
Is it because C++ is better performance wise?
Is it because of legacy code base?
Is it because cross platform issue?
What about dynamic languages (ruby, python)? Are they too slow for this kind of work in terms of performance?
Updated:
If realibility and performance are important would "Erlang" be the "next big thing" in trading platform?