For most teams I would be pretty skeptical of a internal Python fork, but the Python devs at HRT really know their stuff.
But yes, like you I had a great experience
I was quite impressed by the interviews, mostly for their pragmatism and skill-fitting. The programming interview wasn’t LC, it was “can you use a language (preferably Python) to parse a CSV and get useful information out of it,” because that’s the skill level the team needs. On the other hand, the Linux and DB interviews were quite in-depth, because again, the team needs those skills.
10/10 would interview again if I’m ever near an office again.
Most trading firms are past the whole "beat the other guys to buy". Established large investment firms already have all that on lockdown in terms of infrastructure and influence to the extent where they basically just run the stock market at this point (i.e Tesla posts horrible quarter numbers, but stock goes up).
Most of the smaller firms basically try to figure out the patterns of the larger firms and capitalize on that. The timescales have shifted quite a bit.
Its a finance firm - i.e scam firm. "We have a fancy trading algorithm that statistically is never going to outperform just buying VOO and holding it, but the thing is if you get lucky, it could".
Scammers are not tech people. And its pretty from their post.
> In Python, imports occur at runtime. For each imported name, the interpreter must find, load, and evaluate the contents of a corresponding module. This process gets dramatically slower for large modules, modules on distributed file systems, modules with slow side-effects (code that runs during evaluation), modules with many transitive imports, and C/C++ extension modules with many library dependencies.
As they should.
The idea that when you type something in the code and then the interpreter just doesn't execute it is how you end up with Java like services, where you have dependency injection chains that are so massive that when the first time everything has to get lazily injected the code takes a massive amount of time to run. Then you have to go figure out where is the initialization code that slows everything down, and start figuring out how to modify your code to make that load first, which leads to a mess.
If your python module takes a long time to load, this is a module problem. There is a reason why you can import submodules of modules directly, and overall the __init__.py in the module shouldn't import all the submodules by default. Structure your modules so they don't do massive initialization routines and problem solved.
Furthermore, because of pythons dynamic nature, you can do run time imports, including imports in functions. In use, whether you import something up at the top and it gets lazily loaded or you import something right when you have to use it has absolutely no difference other than code syntax, and the latter is actually better because you can see what is going on rather than the lazy loading being hidden away in the interpreter.
Or if you really care, you can implement lazy work process inside the modules, so when you import them and use them the first time it works exactly like lazy imports.
To basically spend time building a new interpreter with lazy loading just to be able to have all your import statements up at the top just screams that those devs prefer ideology over practicality.
HRT trades their own money so if it didn't beat VOO then they'd just buy VOO. There are no external investors to scam.
You wish lol. How do you think they pay for all the developers?
Firms like HRT don't even take outsider money, they don't really need to.
And besides, we don't get paid for beating stocks, a lot of funds will do worse than equities in a good year for the latter, the whole point is that you're benchmarked to the risk free rate because your skill is in making money while being overall market neutral. So you rarely take a drawdown anywhere near as badly as equities.
As a service this is often a portfolio diversification tool for large allocators rather than something they put all the money into.
It is true however that some firms are basically just rubbish beta vehicles that probably should in an ideal world shut down.
It would be great if you included any sort of evidence or argument.
Reading on to the other comments, it looks like you're throwing out a lot of accusations and claims. I don't know what you think you know, but from the looks of it, you don't really know HRT's business. I don't really these days, but I knew it years ago, and it's not from taking client money or arbitrage or some weird scam. It's not magic but the world of algo trading isn't a ponzi scheme.
How they make $8B/y underperforming VOO?
Reference: https://www.businessinsider.com/hudson-river-trading-hrt-8-b...
You're confusing prop shops and hedge funds.
Of course that doesn't solve the overhead of finding the modules, but that could be optimized without lazy import, for example by having a way to pre-compute the module locations at install time.
Exactly this. There must be zero side effects at module import time, not just for load times, but because the order of such effects is 1) undefined, 2) heavily dependent on a import protocol implementation, and 3) poses safety and security nightmares that Python devs don't seem to care much about until bad things happen at the most inconvenient time possible.
> Of course that doesn't solve the overhead of finding the modules, but that could be optimized without lazy import, for example by having a way to pre-compute the module locations at install time.
1) opt for https://docs.python.org/3/reference/import.html#replacing-th...
2) pre-compute everything in CI by using a solution from (1) and doing universal toplevel import of the entire Python monorepo (safe, given no side effects).
3) This step can be used to scan all toplevel definitions too, to gather extra code meta useful for various dynamic dispatch at runtime without complex lookups. See for example: https://docs.pylonsproject.org/projects/venusian/en/latest/i...
3) put the result of (2) and (3) as a machine-readable dump, read by (1) as the alternative optimised loading branch.
4) deploy (3) together with your program.
Oh no. Look I'm not saying you're holding it wrong, it's perfectly valid to host your modules on what is presumably NFS as well as having modules with side effects but what if you didn't.
I've been down this road with NFS (and SMB if it matters) and pain is the only thing that awaits you. It seems like they're feeling it. Storing what is spiritually executable code on shared storage was a never ending source of bugs and mysterious performance issues.
import argparse
parser = argparse.ArgumentParser()
parser.parse_args()
import requests
Is an annoying bodge that a programmer should not have to think about, as a random exampleThe lazy import approach was pioneered in Mercurial I believe, where it cut down startup times by 3x.
It's dirty, but speeds things up vs putting all imports at the top.
As it is, top-level imports IMHO are only meant to be used for modules required to be used in the startup, everything else should be a local import -- getting everyone convinced of that is the main issue though as it really goes against the regular coding of most Python modules (but the time saved to start up apps I work on does definitely make it worth it).
Import-time side effects are definitely nasty though and I wonder what the implications on all downstream code would be. Perhaps a lazy import keyword is a better way forward.
> monorepo
> vast proliferation of imports
> large modules
> distributed file system
> side-effects
> many transitive imports
This sounds like a very optional problem to have.
Also maybe, if this approach could yield stats on if some import was needed or not ?
I'd say if you see
from typing import Final
[...]
__all__: Final = ("a", "b", "c")
Its probably 99% safe to pull that from a quick run over of the AST (and caching that for the later import if you want to be fancy)Of course, should one be doing a star import in a proper codebase?
A PEP is very much welcome, but using lazy import libraries is a fairly common, very old, method of speeding things up. My pre PEP 690 code looks like this:
import typing
from lazy import LazyImport
member = LazyImport('my_module.subpackage', 'member')
member1, member2, = LazyImport('my_module', 'member1', 'member2')
if typing.TYPE_CHECKING:
# normal import, for linter/IDE/navigation.
from my_module.subpackage import member
from my_module import member1, member2