E-Trading in Investment Banks, London August 14, 2006
Posted by dangallagher in Java.1 comment so far
Electronic Trading has taken a large share of the market over the past few years and developers with experience in this field are sought after by a number of investment banks in London. The majority of eTrading applications that I have recruited for have been Java/J2EE on the server side with Sybase/Oracle on the back end. Saying that, there are a number of institutions who use C++ with ION’s MarketView platform as the basis for their offering. It seems that financial institutions are taking on board more and more product streams. Therefore the need for solid J2EE developers who have experience in integrating data feeds such as Bloomberg, Reuters and TradeWeb are high in demand.
I have met quite a few developers and business analysts who work in this field and it’s amazing how small this circle of eTrading professionals is. Anyone with experience of MarketView will know who the best people in the city are and I’m sure it’s the same for MarketAxess. It seems the eTrading market is predominantly focused on the Fixed Income and FX markets. However, I’m seeing a number of institutions offer eTrading systems for the Credit Derivatives and Futures & Options world.
With the introduction of MIFID will we see buyside firms adopting eTrading solutions or are they quite happy to stick to what they have?
If you have an interest in eTrading or if you are interviewing for a position within this field I recommend checking it out this blog (http://mostly.wordpress.com/).
Java applications in investment banks August 7, 2006
Posted by dangallagher in Java.add a comment
As someone who has a passing interest in technology I’m finding the advent of opensource technologies to be quite interesting. It seems that more and more Java developers are looking into new technologies such as Hibernate, Spring and Ajax. When I look to recruit a Java developer more often than not my client is looking for experience with Hibernate or Spring. What makes these technologies so appealing? Have they replaced the functionality of some J2EE components such as EJB, JMS and JDBC? If so, will this mean that existing J2EE applications will be re-written to keep them up-to-date?
Another object orientated scripting language that’s starting to make headlines is Ruby. Check out this podcast by Bruce Tate who speaks about how Java developers can learn from Ruby. http://media.techtarget.com/audioCast/TSSCOM/TSSJS_Barcelona_Bruce_Tate_2006-8-02.mp3
