C# Developer Wanting To Learn Trading Strategy Development.

Agreed that they are fully aware as to who placed the order - they have all the data. However this doesn't tell them as to whether or not the trader is a HF trader. They simply classify traders into groups on the basis of their inventory half-life and inventory size. Also, given that they run slightly different strategies and aggregate the traders into groups, their inventory half-life won't be constant - hence they estimated the average half-life for each group. The average half-life for the HFT group was around 130secs from memory.
 
Quote from chrisparity:

As I said previously, the range responses and the "controversy" is so based on people's perspective of the world. To answer some Qs and address some comments.

1. I am not an experienced developer. I have been doing trading development for over 10 years both buy and sell side. I would not call myself a "great" developer, because I know what a really "great" developer can do...but to be an low latency trader is not only about your dev skills, it is trading knowledge, quant knowledge, etc, etc.

2. Any developer can learn. If any developer could learn trading, then the world would be full of traders who code for a living. Not that simple. What people fail to realize is that you can have the world's greatest assembly of technical talent, who can build the worlds greatest engine/platform/etc, BUT WITHOUT an alpha strategy it is just a great technical achievement. Until about 2 years ago, you could make money in US equity markets just by being technically superior and building a faster execution (eg. lower latency) system....but the days of 1 (or 2 programmers) building their own High Frequency system in US Cash equities and making immediate $$ are over. There is now too much competition and latencies are now down sub 10 micros (for the software).

To the individual developer who has posted lots of somewhat negative comments because he does not think it right for someone to take up my offer...from his posts it is obvious that he is an experienced trading system developer who makes good $$ as a consultant. Please remember there are others out there who do not have your domain knowledge or who want to focus on the PL (eg. making proft from trading) as opposed to making $$ from consulting on how to build a trading system.
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Well put. There are a million and one coders out there with the technical ability to build a high performance trading platform. A miniscule number of these coders have the market understanding required to develop a consistent method of generating alpha. Most who do are employed by banks/hedgies and wrapped up in legal straightjackets so tight they squeak when they fart. Of course, accordingly they are very handsomely recompensed.

Any coder with the necessary skills who is without the knowledge required to develop a feasible strategy would be a fool not to investigate this offer further.
 
Though I don't have any experience with automated/algorithmic trading, I think this would be a fascinating new area to explore!

I've over 7 years of experience with C#, and I've learned at least a thing or two along the way. I love to tinker with/try out various API's, frameworks, patterns, etc., and there are always several of them that I'm trying to learn and use at any given time. I'm not currently compensated for the time I spend engaged in those activities, so having a chance to try something new and interesting without compensation sounds pretty much like the status quo, eh? What would I have to lose?

Now, if only I knew someone who wouldn't mind making use what assistance I might be willing to give...
 
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