Tag Archives: operation

Bank quant not better paid? Run your own quant based operation

Bank quants are not better paid? Run your own quant based operation

Traditional traders in institutions like banks or hedge funds are still better paid than quants. Apparently that is changing but this article quotes:

This means that while successful traders in banks can still earn £500k+ ($625k+), successful quants tend to find their pay bounded at around £250k, or less. As one quant puts it, this isn’t bad for, “writing several lines of code,” but it’s also a frustrating when the traders using the tools you create are being paid a lot more.

Fair enough… But then strike out on your own instead of moaning about it. What you going to do? You say you’re smart but are you the gambling kind?

Here is that article

So if you want to learn the foundation and technical skills, you knew where to come:

Welcome and Choose A Course Below to Proceed

Here is the main product page to link you the following courses.

Algo Trading Components in Python

High level components for algorithmic trading systems. Source code walk-through and videos included.

Futures Options Strategy Overview

Fundamental analysis for all commodities, metal, financial, and currencies in futures and options asset classes.

Interactive Brokers API Workshop

Interactive Brokers API workshop with C++, Java, and Python demos. Source code included.

Pick one to learn!

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!

Bank quants are not better paid? Run your own quant based operation

Bank quants are not better paid? Run your own quant based operation

In summary, you can make way more on your own. Like in the millions per year as you scale up your own trading account.

This means that while successful traders in banks can still earn £500k+ ($625k+), successful quants tend to find their pay bounded at around £250k, or less. As one quant puts it, this isn’t bad for, “writing several lines of code,” but it’s also a frustrating when the traders using the tools you create are being paid a lot more.

 

http://news.efinancialcareers.com/uk-en/275299/quants-banks-hot-arent-better-paid

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!

How to set up HFT operation?

How to set up HFT operation?

I find these articles all the time

http://www.businessinsider.com/heres-how-you-set-up-your-own-high-frequency-trading-operation-2010-6

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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!

How I will scale my trading operation

How I will scale my trading operation

Many have been asking about this so here is how I will do it. Also this will be done in Linux my dear. I have the ways and the will now so thanks for asking. Hadoop who? Big data what?

This video is on Matlab Distributed Computer Server

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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!

First interview about my automated trading wannabe operation

First interview about my automated trading wannabe operation

This was conducted by Joaquin Poudereux of   www.investingdev.com. Check him out and big thanks to him for doing this! This will be translated into Spanish at some point I was told. Big thanks to him for thinking of this.

 

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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!

Now is the time to build your indie trading operation with open source Trade Manager this Monday

Now is the time to build your indie trading operation with open source Trade Manager this Monday

This is your opportunity to start implementing new potential technology infrastructure to get your indie trading operation. I have purposely timed these to help you get it up and running fairly quickly. Each Meetup is live with the correct vendors to address any queries you may have about their technologies solutions. Each Meetup has listed resources to get you started. Some are free, some are not. You should prep for each to optimize your opportunity to learn here. All times are in Eastern Standard Time which is the same as NYC. I have listed my summary of what you need to do at the bottom for your long term success.

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Open Q and A session with Simon Allen Creator of Open SourceTrade Manager

This will most likely become my ‘day trading’ front end component as it hits all the important requirements I need. It is also open source Java. Ask questions here so prepare for it.

Jan 26 2015

7:00 PM

 

Open Q and A session with Simon Allen Creator of Open SourceTrade Manager

Monday, Jan 26, 2015, 7:00 PM

13 Members Went

Check out this Meetup →

http://www.meetup.com/R-Matlab-Users/events/219786637/

 

Infragistics Charting Demo

Tuesday, February 3, 2015

7PM

I have seen many front end charting but speed is not critical unless you are really anal in visual analysis. This frameworks’ Equity Trading Demo App is very high quality as in ‘sexy’ like Bloomberg. Note that this is a Windows .NET based framework!

http://www.meetup.com/quant-finance/events/219650919/

http://www.meetup.com/R-Matlab-Users/events/219650894/

http://www.meetup.com/Toronto-NET-Developer-Meetup/events/219650913/

Full demo of an HFT system

Note that this technology are not toys as they are meant for 7 digit operations who have a constant profitable algo. It is a rare event to have this real world type of vendor. Think Deltix but way cheaper! When you factor in my Facebook group, I do have well over 100 people registered for this so getting in may be tough!

Tuesday, February 10, 2015 at 7PM

http://www.meetup.com/quant-finance/events/219870389/

http://www.meetup.com/R-Matlab-Users/events/219870371/

http://www.meetup.com/Toronto-NET-Developer-Meetup/events/219870406/

In short, I recommend:

As my other groups are quickly growing, there is this huge misconception of building indie trading operators despite what you may read by my friend Dr Ernie Chan. Note that you need to be driven, work hard, and be innovative. That is the key to success.

As I am barraged daily about ‘how do I do this or that in technology’, I will be stepping away from this type of education. It is a really race to the bottom market here so I decide not to really focus on it anymore. From 5 years at it, I got over 9000 website postings to help, 800+ videos, etc. Refer to my video of my 2015 resolutions.

https://www.youtube.com/watch?v=fMcBk6iQcn0

I have not broken one resolution yet I might add. ->

Everything is really up to you. If you got further technology questions, ask away at my Facebook group, someone may be able to help you.

https://www.facebook.com/groups/quantlabsnet/

Note that it is the fastest growing part of my operation which means we have over 1000 people in total. I am driving all my comments there now. I also promote my own private trading analysis at my new Instagram account so join here at:

http://instagram.com/quantlabsnet

As for commercial options, I got these 2 membership which you are very welcome to join:

Market analytics: http://quantlabs.net/academy/analytics-forecast-markets-trading/

Technology and quant analytics trading: http://quantlabs.net/academy/introduction-quant-elite-membership/

Thanks for being part of these groups, things should get more exciting throughout the year! You should start seeing more future Meetups on specific trading analysis. From my current learning on future and options, you can make massive payloads for minimal risk but man you better be sure on your trading calls.

Bryan

 

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!

Here are Questions I would ask those experienced running a HFT trading operation

Here are Questions I would ask those experienced running a HFT trading operation

I have posted algos exclusively available only to my Elite member. I have details on this below!

-> GO HERE FOR IMMEDIATE ACCESS <-

I have sliced and diced the various components you would need if you were to deploy your own world class High Frequeny Trading (HFT) environment.  These are the exact same metholodgies explained by the VP of High Frequency Engineering at Barclay’s Bank. Here are the listings:

1. Questions I would ask those experienced running a HFT trading operation

https://quantlabs.net/blog/2014/12/questions-i-would-ask-those-experienced-running-a-hft-trading-operation/

2. Erlang from Barclays Bank Go Big video with weaknesses including potential RDMA open source solution

https://quantlabs.net/blog/2014/12/erlang-from-barclays-bank-go-big-video-with-weaknesses-including-potential-rdma-open-source-solution/

3. Barclays HFT uses with vendor panel including Solarflare and Corvil video: Decent Open source solutions?

https://quantlabs.net/blog/2014/12/barclays-hft-uses-with-vendor-panel-including-solarflare-and-corvil-video-decent-open-source-solutions/

4. C++ Secret vendor and open source libraries potentially used for HFT environments thanks to this Barclays Bank presentation video

https://quantlabs.net/blog/2014/12/c-secret-vendor-and-open-source-libraries-potentially-used-for-hft-environments-thanks-to-this-barclays-bank-presentation-video/

  1. Need to learn options trading or futures?

Sang Lucci views on options trading and live Youtube video for their Master Class

https://quantlabs.net/blog/2014/12/sang-lucci-views-on-options-trading-and-live-youtube-video-for-their-master-class/

Also don’t forget:

2015 will be the year of the algorithm: 226 reasons that will make you a better quant or indie automate trader

Download your sample Excel spreadsheet here or watch my 20 minute presentation video on this:

https://quantlabs.net/blog/2014/12/2015-will-be-the-year-of-the-algorithm-226-reasons-that-will-make-you-a-better-quant-or-indie-automate-trader/
That’s right, get your immediate access to all 226 related algorithms now!


->  GO HERE FOR IMMEDIATE ACCESS <-

This will double in price after New Years Day Jan 2 2015!

Happy New Year!
Thanks Bryan

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!

Questions I would ask those experienced running a HFT trading operation

Questions I would ask those experienced running a HFT trading operation

From what I know so far, this is what I would ask:
1.    What would you view be on an open source C++ HFT trading project like http://www.trading-shim.org/
2.    What is your view on this potential solution to fix weaknesses of Elrang and RDMA

Adventures in HPC: RDMA and Erlang


Provide a solution or workaround satisfactorily?
https://github.com/MrStaticVoid/rdma_dist
3. What would your view be on expensive tools like Matlab/Simulink to transfer trading ideas into C++/C via Code Generation? What about the
Simulink Code generation into VHDL for FPGA deployment? Would FPGA still have a solid future here?
4. Do you find Intel’s C compiler is best for tuning?
5. Do you find these open source network monitoring solutions mentioned here to replace Corvil solutions?
http://www.infoworld.com/article/2683857/network-monitoring/article.html
6. Is Intel the preferred processor to optimize/tune at the lowest level?
7. Would Fix8 be a decent alternative to use instead of a commercial solution?
8. Do you find Redis would be adequate as a NOSQL solution vs MongoDB (C++) or Cassandra (Java)? Redis has a higher throughput rate?
9. Apache Memcached is mention but is Redis an aadequate substitute?

Got answers, let me know via commenting below. Thanks

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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!

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

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

Learn how we operate like one by joining our FREE newsletter 

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!

Youtube video on Raising capital oppourtunites for trading, HFT operation, prop shop, or even a hedge fund?

Youtube video on Raising capital oppourtunites for trading, HFT operation, prop shop, or even a hedge fund?

Yes this does get strange. I think I need to open a discussion about this since the launch of this site. Who knows where it will end up but as I always say, thanks to all that support this and what i do. People have been awesome and believe me, I wish I could thank each and every supporter out there!

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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!