The algorithmic arms race | Forex Factory

  • The algorithmic arms race

    From reuters.com

    It's the day after Cambridge physicist Stephen Hawking's 70th birthday party and David Harding, the head of one of the most successful hedge funds in the world, is bubbling with talk of black holes. Given the financial crisis of the last few years, some might see that as an unwise topic of conversation for a hedge fund manager. But for Harding, a physicist, the geekier the better. The 50-year-old runs Winton Capital, one of a secretive but influential band of computer-driven hedge funds that bet tens of billions of dollars on the world's financial markets using algorithms - mathematical instructions to computers - ... (full story)

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Binyamin
May 21, 2012 1:06pm
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Technology have enabled retail traders like most of us here to compete with the big boys now. =)
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noob_ss
May 21, 2012 12:01pm
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this is good one, they are writing about $billions algo traders which are trend followers, BUT between them is going unfinished WAR, competition :] you know: 2 or more opposite forces FOLLOWING the TREND.... ;] how is that?

also, you can find (steal it from biggest financial institutions) several millions if not billions of lines of code (some GB) over internet with an search engine ;] (they are that "poor") and then you can compile it, learn, modify and run on your home PC ;] hehe
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