On 03/22/14 06:40, Russel Winder wrote: [snip]
What you are alluding to is the use of Monte Carlo approach to solve some of the models given boundary conditions. This is a "bog standard"
By "bog standard" do you mean "plain or ordinary?
http://en.wiktionary.org/wiki/bog_standard
approach to numerical modelling.
[snip]
Many of the hedge funds are following in the HEP,
By HEP do you mean "High Energy Physics"? [snip]
In a number of the major international finance houses a Python/Scala/C++ stack has taken hold. However this is not fixed forever, since whenever the CTO changes the stack tends to as well.
By CTO do you mean "Chief Technology Officer"? TIA. -regards, Larry