Tales from a Trading Desk

Noise from an Investment Bank

Traders and Software Engineers

A colleague has a few interesting comments about the "good old days".  Although Marc is correct in that often there is a degree of separation between the traders and the software engineers, I think he missing the point that there are still lots of software engineers who work extremely closely with the traders.  In my current client (different from Marc's), I sit opposite a number of quant type software engineers who are talking daily/hourly to the traders.  I know of numerous banks that have software engineers sitting within arms length of the trading desk, or actually on the trading desk usually developing Excel centric or .NET applications in a very extreme development environment.  At my previous client, I worked closely with the Equity traders, using extreme and Scum to facilitate the development process.

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