Tag Archives: next generation

FPGA is the next generation of high frequency trading: Is Microsoft running scared of this technology?

FPGA is the next generation of high frequency trading: Is Microsoft running scared of this technology?

Once I started learning about the next generation in high frequency trading system, I wondered if Microsoft could be scare of it. FPGA is basically a hardware based parallel processing super power server that can support the levels of 1900+ cores. It is pretty massive and pretty well represents the next generation in super computers.
As FPGA pretty well only supports Java and C / C++, it seems Microsoft is not included. Does this explain why a New York City Microsoft user group is interested in what quants want from their next generation of auto algo trading systems. As part of a large quant based group On Linked In, I saw a message of:

Do you have experience building pricing/valuation models and/or analyzing trades and investments?
Do you have experience writing scripts (e.g. SAS, VBA, Matlab, R, etc.) and/or code (C++, Java, etc.) to perform simulations, optimizations, or analyses?
Do you have a graduate level education or international equivalent in Financial Engineering, Physics, Mathematics, Economics, or a related field?

If so, Microsoft needs your input for a two-hour study running in the greater NYC area from 5/24-5/26.
In terms of areas of quant specialization, the researchers are looking quite broadly. The questions and materials in the study will not be limited to narrow areas of expertise, but rather to gaining a broad understanding of needs and interactions in the Quant model-building flow.

All participants receive a valuable gratuity item from a selection of Microsoft hardware/software.

Interested? Know someone who may be? Please let us know a txx with “Quant” in the subject line.

Thank you for your consideration. Any help is greatly appreciated.

It was mysteriously deletes from the group. But I still responded to the person at Microsoft, she responded with:

• Do you have experience building pricing/valuation models and/or analyzing trades and investments?
• Do you build models or does he primarily use models created by others (don’t worry about specifying what a “model” is)?
• Do you use Visual Studio or some other Integrated Development Environment?
• What version of Microsoft Office do you use?
• Do you have experience writing scripts (e.g. SAS, VBA, Matlab, R, etc.) and/or code (C++, Java, etc.) to perform simulations, optimizations, or analyses?
• Do you have a graduate level education or international equivalent in Financial Engineering, Physics, Mathematics, Economics, or a related field?

Now it makes me wonder, why would Microsoft have a special interest in quant based technology? It is no surprise that Quants pretty (also known as investment banking, finance, etc) well live on the bleeding edge of technology. So again. Why is Microsoft interested? Is it because they may feel they may get left out in the cold if this FPGA does really take off. It looks like it will as many academies like MIT are doing some intensive research on it. Maybe you should to find out about the next generation black box systems.

Also, Open CL is is pretty well the front and center of this. Guess who is behind it? Apple, Nvidia, and AMD. This is another open source language Microsoft is not part of.

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!