31–40 of 111 posts
Haven't wall street firms been doing this for decades now? I remember 10 years ago I created a trading algorithm that ran by itself without my intervention. I fail to see what is different about this company than some generic quant hedge fund.
The clickbait headline is amusing, but "Wall Street" has been doing this > 10 years. I'm genuinely not sure if they're trying to "beat wall street" or simply be yet another quantitative hedge fund that happens to use machine learning and neural networks to power their strategies. Most real electronic trading firms are putting those algorithms in hardware. Source: Have worked in HFT the past 10 years.
SHUT UP AND TAKE MY MONEY!
The clickbait headline is amusing, but "Wall Street" has been doing this > 10 years. I'm genuinely not sure if they're trying to "beat wall street" or simply be yet another quantitative hedge fund that happens to use machine learning and neural networks to power their strategies. Most real electronic trading firms are putting those algorithms in hardware. Source: Have worked in HFT the past 10 years.
Longer than that. This article was passed around at my job to laugh at.
The clickbait headline is amusing, but "Wall Street" has been doing this > 10 years. I'm genuinely not sure if they're trying to "beat wall street" or simply be yet another quantitative hedge fund that happens to use machine learning and neural networks to power their strategies. Most real electronic trading firms are putting those algorithms in hardware. Source: Have worked in HFT the past 10 years.
HFT is a different kind of 'beating the market', though, don't you think?
The clickbait headline is amusing, but "Wall Street" has been doing this > 10 years. I'm genuinely not sure if they're trying to "beat wall street" or simply be yet another quantitative hedge fund that happens to use machine learning and neural networks to power their strategies. Most real electronic trading firms are putting those algorithms in hardware. Source: Have worked in HFT the past 10 years.
His point was trying to bet against a momentum trade or some other scenario was foolish. He watched time and again. There were opportunities to get with the crowd, or be on the wrong side.
I just checked out glassdoor, and it seems like they don't know what their product should be since top execs don't want to agree on anything. > We have too many executives for a company this size - most don't add much value except for fighting with each other and politicizing issues. The CEO lives in HongKong and remotely manages this crew of distrusting, non-supportive and close-minded execs. The HR function is prac…
I mean sure, but take glassdoor with a huge grain of salt, people make up crap to post on there all the time.
I just checked out glassdoor, and it seems like they don't know what their product should be since top execs don't want to agree on anything. > We have too many executives for a company this size - most don't add much value except for fighting with each other and politicizing issues. The CEO lives in HongKong and remotely manages this crew of distrusting, non-supportive and close-minded execs. The HR function is prac…
I mean sure, but take glassdoor with a huge grain of salt, people make up crap to post on there all the time.
It's certainly more truthful that marketing fluff pieces like this.
The clickbait headline is amusing, but "Wall Street" has been doing this > 10 years. I'm genuinely not sure if they're trying to "beat wall street" or simply be yet another quantitative hedge fund that happens to use machine learning and neural networks to power their strategies. Most real electronic trading firms are putting those algorithms in hardware. Source: Have worked in HFT the past 10 years.
I used to have a stock broker co-worker who had one rule for investing if day trading or even trying to employ a strategy: "You can't fight the Street." His point was trying to bet against a momentum trade or some other scenario was foolish. He watched time and again. There were opportunities to get with the crowd, or be on the wrong side.
A friend who works in quant finance said something along the lines of "if a trader can identify a mom-and-pop investor, it's like taking candy from a baby" in terms of making an easy profit.
"We are doing some shit but we have nothing great to show but you should probably read the rest of our PR article."
> The CEO lives in HongKong and remotely manages this crew of distrusting, non-supportive and close-minded execs.
"We are a highly disruptive people working on disruptive technology in a disruptive way."
The clickbait headline is amusing, but "Wall Street" has been doing this > 10 years. I'm genuinely not sure if they're trying to "beat wall street" or simply be yet another quantitative hedge fund that happens to use machine learning and neural networks to power their strategies. Most real electronic trading firms are putting those algorithms in hardware. Source: Have worked in HFT the past 10 years.
HFT is a different kind of 'beating the market', though, don't you think?