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You're reading from  C++ High Performance for Financial Systems

Product typeBook
Published inMar 2024
PublisherPackt
ISBN-139781805124528
Edition1st Edition
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Author (1)
Ariel Silahian
Ariel Silahian
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Ariel Silahian

Ariel Silahian is a seasoned software engineer with over 20 years of experience in the industry. With a strong background in C++ and .NET C#, Ariel has honed his technical skills to deliver successful projects for a range of financial institutions, including banks and financial trading companies, both domestically and internationally. Thanks to his passion for high-frequency and electronic trading systems he has developed a deep understanding of financial markets, resulting in his proven track record in delivering top-performing systems from scratch. He has also worked on other critical systems such as monitoring systems, machine learning research, and management decision tree systems, and has received recognition for his exceptional work.
Read more about Ariel Silahian

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The historical context of C++ in finance and trading

To truly understand the role of C++ in finance and trading, it’s helpful to look at the historical context of the industry and its technological evolution.

The financial industry has always been a pioneer in the adoption of new technologies, from the telegraph and ticker tape in the 19th century to electronic trading platforms and algorithmic trading in the 21st century. With the rise of digital technologies and the increasing speed of data processing, the industry has become even more reliant on software and programming languages to stay competitive.

C++ has played a significant role in this technological evolution, particularly in the realm of high-performance computing. It is a powerful, object-oriented programming language that allows developers to write efficient, low-level code that can handle large amounts of data and complex computations.

In the 1980s and 1990s, C++ emerged as a popular choice for developing financial applications due to its speed, efficiency, and ability to handle complex data structures. The language was widely used in the development of early electronic trading platforms, such as the LIFFE CONNECT platform, which was one of the first electronic trading systems to be launched in the 1990s.

Today, C++ remains a critical programming language in the finance industry. It is used to develop everything from high-frequency trading (HFT) algorithms to risk management systems, and its speed and efficiency make it an ideal choice for applications that require fast and reliable data processing.

In the next few sections, we will delve deeper into the role of C++ in finance and trading, including its most popular applications and the benefits and challenges of using the language in this industry.

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Published in: Mar 2024Publisher: PacktISBN-13: 9781805124528
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Author (1)

author image
Ariel Silahian

Ariel Silahian is a seasoned software engineer with over 20 years of experience in the industry. With a strong background in C++ and .NET C#, Ariel has honed his technical skills to deliver successful projects for a range of financial institutions, including banks and financial trading companies, both domestically and internationally. Thanks to his passion for high-frequency and electronic trading systems he has developed a deep understanding of financial markets, resulting in his proven track record in delivering top-performing systems from scratch. He has also worked on other critical systems such as monitoring systems, machine learning research, and management decision tree systems, and has received recognition for his exceptional work.
Read more about Ariel Silahian