Recording of October 17-19, 2017 Future Industry Associations EXPO panel discussion on Open Source Meets Quant Trading.
Tag: Alternative Data
CloudQuant, the trading strategy incubator, has launched its crowd research platform by licensing and allocating risk capital to a trading algorithm. The algorithm licensor will receive a direct share of the strategy’s monthly net trading profits.
Improving A Trading Strategy
TD Sequential is a technical indicator for stock trading developed by Thomas R. DeMark in the 1990s. It uses bar plot of stocks to generate trading signals. … Several elements could be modified in this strategy. Whether to include the countdown stage, the choice of the number of bars in the setup stage and countdown stage, the parameters that help to decide when to exit and the size of the trade will affect strategy performance. In addition, we could use information other than price to decide whether the signal should be traded.
World Economic Forum published that Artificial Intelligence (AI) is a rapidly growing discussion point in corporations and governments. This is driven by: 1. Everything is now becoming a connected device. 2. Computing is becoming free. 3. Data is becoming the new oil. 4. Machine learning is becoming the new combustion engine.
Join us at the NY MarketsWiki Education to hear Morgan Slade’s thoughts on the The Algorithmic Trading Tesseract brings cloud computing, alternative data, machine learning, and crowd researchers together forming a revolutionary crowd in the financial industry.
Bloomberg recently wrote that “It’s no secret that hedge fund managers are always looking for new sources of data that will help them in their never-ending quest to beat the market.” (1) One of the most interesting new sources of data is social sentiment.
Alternative data providers see huge potential in providing their data to discretionary asset managers who are losing assets to quantitative and systematic funds.
Funds Face ‘Alt’ Data Challenge
Although alternative data sets are helping funds with systematic investment strategies, those funds that employ discretionary strategies are finding it harder to separate the new trading signals from the noise.