Warning: If you don’t have a pocket protector with at least 12 pencils, don’t even attempt to read this article. This is proof that there is a secret language for super geeks that keeps us ordinary geeks out of the club.
I have no idea what any of this means, but I’m pretty sure it has something to do with using high order mathematics to make more money.
According to Slashdot, “Wall Street has begun quietly and aggressively recruiting proof theorists and recursion theorists for their expertise in applying ordinal notations and ordinal collapsing functions to high-frequency algorithmic trading.”
In all seriousness, if you can get past the geek-speak, this is very interesting. Wall Street is recruiting math wizards to assist with interpreting information from a new high-frequency trading algorithm. The job titles will be “transquantitative analysts” (try to say that three times fast). These very coveted positions are not being advertised. Rumor has it that the salary for these new positions will be in the seven figures, but that is not from a reliable source. Since I have an advanced degree from university in math and I study physics on the weekends, I find this fascinating. I think this new algorithm sounds brilliant. This new way of interpreting information could take some of the risk out of the billions of dollars that are traded. If you would like to read more nitty gritty details about this, just click here!