The “quant” revolution in trading is well underway, but how do they leverage their data and what new risks does this introduce?
As quant hedge funds approach the $1 trillion AUM mark can crowd-sourcing investment algorithms proof to be a sustainable strategy to get an edge over the competition?
Quantopian provides tools and data for quant developers to come up with investment algorithms. After, freelancers create and share the algorithms, Quantopian managers evaluate them to pick the investable ones.
Quantopian enables anyone to build their own trading algorithm and win prizes for performance. In addition to providing a platform for creating and testing trading algorithms, Quantopian puts capital allocation in their own fund behind successful user created algorithms, sharing net profits with the algorithm author.
How a team of mathematicians, computer scientists, and physicists is beating the market