WorldQuant’s coders are low-cost alternative to PhDs

(Last Updated On: March 20, 2017)

WorldQuant coders are low-cost alternative to PhDs

Another trading model and alternative hedge fund look for algos to make top dollar globally. Coders are also signing up to earn a new payment methos

WorldQuant, a quantitative hedge fund that manages more than $4.5 billion for Millennium Management LLC, already has more than 120 full-time PhDs scouring everywhere for recurring patterns that might boost returns. But in this increasingly competitive corner of finance, that’s not enough.

http://www.livemint.com/Industry/gMOX36FczIDMzuTKC1pCLJ/WorldQuants-hunger-gamers-are-the-lowcost-alternative-to-P.html

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
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About caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at youtube.com/quantlabs