Tag Archives: big

Data is a trading edge

Data is a BIG trading edge

All according to Quandl interview

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https://www.quandl.com/blog/interview-with-a-trader

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Euro automakers next big trading return ?

Euro automakers next big trading return ?
I do think German manufacturing will rebound as demand improves after clarity of Greece
A PSA Peugeot Citroen dealership in Rodez, France.

European car-sales growth accelerated to the fastest pace in 5 1/2 years in June as Volkswagen AG, PSA Peugeot Citroen and Ford Motor Co. attracted customers with new models and the region’s economy expanded.

To read the entire article, go to http://bloom.bg/1f64OPU

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is F Sharp big in London City Finance center due to it can parallelize and Microsoft attracts the corporate world to functional programming popularity

is F Sharp big in London City Finance center due to it can parallelize  and Microsoft attracts the corporate world to functional programming popularity

A recent comment

I think there are several reasons why F# has grown so quickly in popularity. The functional paradigm is particularly well-suited for parallel programming and data science, both of which have seen tremendous growth lately.

F# is both open source and backed by a heavyweight software company. This may be attractive to corporate technologists. I have to wonder if geography has a hand as well. With F# originating from the UK, and with London being probably the most significant center of finance in the world, it is not surprising that the banking/finance sector has been an early adopter.

kevin
fsharp4u.com

A nice helpful as well to start learning

F Sharp with DOTNET could be gaining ground in many investment banks

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Don’t be a BIG BABY! Why I think you can kill it in the world of quant and automated trading with even HFT

Don’t be a BIG BABY! Why I think you can kill it in the world of quant and automated trading with even HFT

This just came in via today’semail:

I’ve seen both the trading videos before (except the plane one).  I have mixed feelings on the field myself. I work for a small fund in New York and I know from what I’ve seen that its no longer easy to make money in this field. Even DE Shaw is taking blows now and I feel like the money is much more centralized. I find trading fascinating, I really do. I love talking about it and studying it and everything. However, trading all comes down to one thing: are you making money.  I don’t accuse HFT of causing the markets to be so difficult as much as I feel it’s because you’re literally competing with everyone now. At one time, if you could get into the elite circles and work at a firm on wall st or at the exchange, you could make big money just by being there. Then when things went electronic, you could make money if you knew technology/math. Now even that’s saturated. Where is the edge left?  Now you have to choose true value in the long term or maybe do some risky short term speculation. These markets have matured. In a way, I feel this is good markets are like this now. I don’t condone order flashing and the other things which electronic firms do, but I hope/think that over time regulation will come and help this. The bottom line and the reason I posted the comment I did is because I think the opportunity for someone bright and driven to come into trading and make good money with hard work,whether that be someone who just loves finance all the way to someone who aggressively studies math, science and technology…..that opportunity is just about gone. The profitability of funds now is pretty lackluster and that’s for the really big names out there. I don’t think it’s a great field to get into anymore, at least not if you’re chasing money. Probably private equity and venture capital are better paths for those. I don’t think the field is really competitive compensation wise when compared with regular corporate salaries anymore. Quants at funds are really just worker bees and the managers and investors are really the ones that make money there. All this has driven so many I know completely out of trading and out of finance into other fields like technology. I just get kind of irate when I hear people talk BS about trading and big money. They don’t know about the industry

Sorry to hear your views. Yes people are making big money through these.You just don’t hear about it any more b/c of the hype you elude to. The HFT firms are hurting due to the competition you mention. If you have a large arsenal of strategies that can self adapt to market conditions in real time, I see no reason why you cannot do it but it needs to be done secretly. I have community I deal with but I most are high level where details are revealed. Any real person who sells you a robot to make money is full of crap. Don’t believe it.

Yes you can make money with your own ideas with your own technology. This is what I deliver. The more dependencies the drop, the more processes you control and own, the better your long term future will be. The lazy people will fingers up their asses are what we call suckers and dumb money sales people will pray on. GO for it if you want your future to fail.

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Yes you need to innovate and yes t=you need to be a programmer. Eliminate all those dependencies NOW! Take control of your future and own it. So in the end, YES you can make money in this automated trading business which could evolve in to a high frequency trading operation if you succeed.

 

Here is that email delivered”

Why do these ex HFT guys need the media attention?

 

Here is a another ex HFT trader complaining about how bad it is in this video – See more here

Another fine demo:

 

BBC shows how Bayesian quant math helped find another lost plane called AIr Malaysia MH370 – See more here

An oldie but goldie but do see the highlight of the algorithms mentioned:

 

Ever want to watch how the internals of Citadel the Hedge Fund operation works? Watch this video – See more here

Let me know if you find these links helpful

 

Bryan

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A question came in about big and ask spread in real time for HFT needs? Where to get examples

A question came in about big and ask spread in real time for HFT needs? Where to get examples

On 2013-07-05 12:57, arc wrote:
> Hi Bryan
>
> Do you have, in your treasure trove, anything that processes bid/ask
> input in HFT style (real time) to detect patterns?
> Or, if not, any suggestions where to look please?
>
> Thanks

This is being worked on as we speak. Looking at bid and ask for options trading. Also, the pair trading examples in Tradelink shows this quite well.

Refer to lessonidicator.cs under responses to get an idea how this done within tradelink.

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Are any decent articles on planning those popular big infrastructure solutions?

Are any decent articles on planning those popular big infrastructure solutions?

==

Yes, here is one of the most downloaded and referenced technical documents, “Cost to Serve Architectural Design” http://goo.gl/I6BZe

It includes best practices topics such as:

…layered, separation of concerns approach
…leverage existing investments in staff and system
…integration of result sets with existing reporting tools
…managing data proliferation
…role of ETL
…source systems stability
…importance of agnostic data structures

Currently under revision, you will be notified when the revised document is complete. This will include:

…identification and calculation of payback opportunities at pilot and institutionalization
…improved graphics detailing the agnostic data structure
…tactical, strategic and ancillary/spin-off benefits
…importance of mining your transactional systems first, to ready for big data

 

==

Yes, I have a paper which demonstrates how to more than double the compute power in the data center. Email me for my paper ron_cnxt @ yahoo.com Also, I plan to have models for my designs available.

 

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Quant development: How FAST is FAST? and How BIG is BIG?

Quant development: How FAST is FAST? and How BIG is BIG?

Ok, in the trading world, we have talked a lot about how FAST is FAST lately.

Similarly, we have the answers for how BIG is BIG.

Curious about the answers?

Please visit our new subgroup for more details –

Conquering Big Data: the Final Frontier on Wall Street

a subgroup of Ultra-Low Latency Direct Market Access (ULLDMA) (6,000+ Members)

http://www.linkedin.com/groups?gid=4217767&trk=myg_ugrp_ovr

 

==

There is no such thing as too FAST or too BIG.

Technology will keep on pushing us to the limit.

 

 

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Predictions for Wall Street in the year 2012 : Big Data processing and Analytics will be Big !

Predictions for Wall Street in the year 2012 : Big Data processing and Analytics will be Big !

http://www.wallstreetandtech.com/2012-outlook/big-data

Perfect time to this new subgroup – Conquering Big Data: the Final Frontier on Wall Street

http://www.linkedin.com/groups?about=&gid=4217767&trk=anet_ug_grppro

 

 

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Help this guy out resolve his big data set query for quant purposes

Help this guy out resolve his big data set query for quant purposes

Can you give this reader a hand in finding an answer for his query:

Hi Nagendra,

I think a chunk is a piece of data in the over all file. For ex: a 100 MB file can be split into a 10 chunks of data with each chunk containing 10 MB. Second part of your question, even I am not sure and I have the same question as well.

Looking forward to Hadoop experts help us in understanding this.

Regards,
Phani

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