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.
CloudQuant’s CEO Morgan Slade will be speaking on Crowdfunding Algo Developers and Data Scientists. The primary question on his panel will be “How does the mechanism work and which business model is showing early signs of success?”
… the model of hedge funds charging “2 and 20” — a 2 per cent management fee and 20 per cent performance fee — for investing in large-cap stocks rising and falling “doesn’t work any more” and is ripe for disruption.
CloudQuant is THE trading strategy incubator. We’re building a free python data research tool for ordinary people with extraordinary trading ideas. We license and fund the best trading strategies and pay our users a share of the profits. Our group is a FINTECH startup housed under the umbrella of a trading firm with existing infrastructure and financial resources.
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.
CloudQuant’s innovative Trading Strategy Incubator has managed to attract new users from 72 countries. The users represent developers, financial analysts, data scientists, traders, and other trading enthusiast who are interested in developing a trading strategy that may be funded if it proves to be profitable.
… A few weeks ago I demonstrated a strategy using the RSI indicator; I received several emails from readers asking me to explain the difference between the RSI Indicator and the Stochastic Indicator. …
Kershner Trading Group, LLC announces the formation of CloudQuant®, a wholly owned subsidiary that is the Trading Strategy Incubator.