Automated Trading Profit > ALGORITHMIC TRADING | The Seven Scholars

[The Seven Scholars] There has been much excitement recently regarding the alleged theft of a Goldman Sachs algorithmic trading code. However, I recently talked to an “insider” in the industry who suggested that there is a significant level of transfer of algorithmic code and ideas within the industry, between and among proprietary trading groups and hedge funds.

Previous [Previous] Great Advantages of Financial Spread Betting | Movies ...

Next [Next] High frequency algorithmic trading- the new buzzword or next ....

Some related posts from Technorati and Google.

[Welcome To Jim Sinclair's MineSet] Market Commentary From Monty Guild : Welcome To Jim Sinclair's MineSet: The problem is that Indian universities do not educate nearly enough people, and the competition for a seat at a university is very political and unfair.  Historically, politicians have wanted all undergraduate universities within India to be controlled by the government of India”¦and its amazingly cluttered and inefficient bureaucracy.

[Gold Speculator] Market Commentary From Monty Guild - Gold Speculator: The problem is that Indian universities do not educate nearly enough people, and the competition for a seat at a university is very political and unfair.  Historically, politicians have wanted all undergraduate universities within India to be controlled by the government of India…and its amazingly cluttered and inefficient bureaucracy.

[Quantnet.org - Financial Engineering Forum] Entering class of 2009 - Quantnet.org - Financial Engineering Forum: Certified as a Microsoft Certified Application Developer (MCAD), Bhavna spent four years at Tata Consultancy Services, India’s leading software solution provider and later at investment bank Bank Of America Merrill Lynch, where her duties include translating the exotic trading strategies into technological language using programming skills which were aimed to maximize profits while curtailing systematic and non-systematic risks. Her career interests are research and development of a comprehensive risk assessment model customized for the Indian capital markets.

[Crooked Timber] Bookblogging: Keynes and the Efficient Markets Hypothesis ...: I've googled “automated market maker” with Google Scholar and got a lot of papers about something Hanson introduced which looks like something that provides liquidity to prediction markets (I first did a general Google and got a number of ....

[Quantnet.org - Financial Engineering Forum] Entering class of 2008 - Quantnet.org - Financial Engineering Forum: Baruch College has arguably one of the strongest financial engineering programs in the U.S. Baruch’s diverse curriculum will sharpen my technical skills, notably my understanding of the concepts of mathematical finance and methods of modeling, and equip me to utilize and apply complex financial research and analytical tools. Additionally, Baruch attracts an exceptional quality of students, faculty and alumni who will push me to break through my current limitations and expand my horizons beyond my perceived boundaries.

[The John Lothian Newsletter Blog] September 2007 Archives :: September 18, 2007: LONDON, Sept 17 (Reuters) - The proliferation of so-called algorithmic trading models has prompted many to ponder what role the traditional dealer will play in a future possibly dominated by turbo-charged computer programmes.

[Stingy Investor] Stingy News Article Link: "GMO Q2": "The top U.S. securities regulator remains steadfast in a plan to broaden an emergency rule to curb abusive short selling despite opposition from the hedge fund industry and other short sellers. U.S. Securities and Exchange Commission Chairman Christopher Cox told lawmakers Thursday the agency would soon propose expanding the rule covering the shares of 19 major financial firms to the entire market."

[Nouriel Roubini's Global EconoMonitor] RGE - The Great Preventer: Bernanke, a Fed governor in the early part of this decade, supported flawed policies when Alan Greenspan pushed the federal funds rate (the policy rate set by the Fed as its main tool of monetary policy) too low for too long and failed to monitor mortgage lending properly, thus creating the housing and credit and mortgage bubbles.

[afh blog] afh blog - artforhumans.com » THESIS PROOFS, FINISH + CODA: As Cohen developed algorithmic methods for describing cognitive aspects of drawing and knowledge about drawing, plants, people, or other objects, he created a computational engine, AARON, that has evolved over many years as the primary source of his art. Fractals, dynamicsystems, deterministic chaos, generative systems, and autonomous agents provide us with new metaphors and mapping for a wide range of processes in human society and in the natural world - indeed, they merge these artificially separated realms by modeling both with the same processes.

[blog maverick] The Mark Cuban Stimulus Plan - Open Source Funding « blog maverick: The leverage this company would have to entice these secondary distributors to become partners would essentially be the additional exposure this site will give them via search engine marketing and partnerships/secondary investments from the Googles of the world. With your backing and the relationships I have in the new media world, leveraging this company against existing social and new media platforms (MySpace, Facebook, Google, Yahoo, etc), and catering to the younger, affluent-yet-economically-conscious consumer, this website would break the clutter of the online ticketing market to become the forefront in getting that hard to find ticket and the right price.

[Hillary Is 44] Hillary Is 44 » Blog Archive » Michelle Obama Shakeup Shakedown ...: He was working in the Bush Treasury Department. As Krugman notes, “But it’s hard to escape the sense that the current inflation fear-mongering is partly political, coming largely from economists who had no problem with deficits caused by tax cuts but suddenly became fiscal scolds when the government started spending money to rescue the economy.

[Captain's Blog] Captain's Blog: Somebody Tried to Kill Hurricane Wilma ... BEFORE ...: 3 And as he was sitting on the Mount of Olives with the temple in view, Peter and James and John and Andrew began to ask him privately: 4 “Tell us, When will these things be, and what will be the sign when all these things are destined to come to a conclusion?” 5 So Jesus started to say to them: “Look out that nobody misleads YOU. 6 Many will come on the basis of my name, saying, ”˜I am he,’ and will mislead many.

[Docstoc feed for: Technology] SES Magazine London 2008: Prior to establishing AJPR, she worked as a senior marketing manager at a Japanese trading company, managing projects with U.S. and Japanese companies for eight years. She writes about Japanese online market at her blog at AJPR.com and Multilingual-Search.com.

[Rotman Magazine] Designing the Thinker of the Future: ·­àtN“{i²’ÒýAœ±¯¹hr|†^k ¥Æ#‘óZºŸ%“™Å#Æ#ïÄMkö¤ÇÉ·ûé{˜è‰i-?‚¶¾÷—Øâç8É$É'Í= XÆžîï+¸êÝ;ê÷A}LÉÆµÆÁ2×;¸.;*ìGSc˜H‚ZbBMȵ¶zÁî™Þº|ekýbèŒé¯a¦v¼íÚLü¼ŠÐÊéßWª­·Óë=ÚÉ$}(ÀøO3ʐŒqÔ‰³ZíM¡ðŽb%ŽrŒ•žv!â(É·Ûê{˜è‰i-:ù„Æûgª^âùÒwOŒ®“ëÕÌn—]xdúWp ˜$nNº…zΕÒþ«aÑnu"ë„í˜ Ò \Å÷Û’íÖ¼¼ÄKŒè¬WÕ³+hco°¤n+W¯tŒvcW™Œ6µÁ¦;þ’žGLƯ£W+£˜ w}^Bwú3š†i=x8ø¬ëAð¾f9ˆ׃ŠÎ¡ãïÉ»)Ûí±ÏtD¸—Åž­™ŽÏN¼‹Zßòå]Ö.ƒoN«ª`0Ö×Ãæcð)±º>#¾®Ùšê´äþøL.qÎ/%Î$“É&J#2¶ØàÓ2Ð⯒êz'FÃËÀ­öT ݾ\yä÷,ÿ«=6«ò²)Ȭ?ÓlAàè”Ñð~bñHH~·môÒõc æ+ćëvßO7•{Ýc‹œI'RN¤©×“m--eŽhw 8€~0»©¿Vðz·O6dTò÷´:H @ð+'êŸE§#«Y‰”ÀöÖ3ËLN‹²Î£“[C[u€ÛŒ-žÀº  ÄΧ¸Ÿ‚âû1÷ÉÃi#že[ý­’ùnðŽçï\fb1€þÀùfñŒ(ߨ³›(„òC zqoÔ½W~^Þ)uC¿%ÃnÒÐDƒ¨ø/Fú¦Ñû6{ÈšZókœ÷sµ>kÓ¾¬7ÓéԃοÁmÿÅ“|Üåáû^þ'\¹ì„~éüÖý""!zïø³©ŽèÕËŒ›-Ð4!y%ÆJöñlHèÕ?Y'¹ÕjNÝ!'0Fº§kg”;^#æ»)È=þ8ȝ´’À@x¨>†€\ïqRÑîU23Y´í0Gu }£D'[·”+.ƒ©Ul´Ù óQñPg$D­i hƒ¬²oí¡‘š@“'ºÅ¿*î©c›Dð}Îà&]­x"%U Ø'Xð(Œ°m÷vî™îl¶Iç4]ùÛBÌÊéïakIhh 'I0áÀvÖâ^Æ‚×^5HYnòÖÏ·—vŸ%¡AsNÇh\û»x Ý.2`ß²”BÆ¥£ñ8.µëÓêz~Öí5}¤ÝXhaÜñt{[ä²Ül²×únÚÚÌyñí[8–¾­Õ»Ü7Ɛ>Jž[šHuðÒÝ$¼ð¤æÙ”Ht‘=ÔÙŠ©ÐJwe¶©%ßwåAF§ øOã¢X1õÕå²s0”½D[’úmÍtìvÑã.ã“óR¯µÎ˜'°QwS’CÈð…ûM®‚ö‚@øiç¶$«žs„x$ƒê¿¾i!÷¼,žÔûçÙêÝ  %%Kí¶}šGŽ©.cæœjœ¤ãió‚´’I2xNxMÝ6–©$’I7déBHRI$še$ãÉjýZéUuŒ¿FâàÝŽt·˜0K>Aï#A~RË1îT’KC tÖulÊñìqhtêÞtÝdÄ%+··ênRfÃý¯ö*—ýUÅp!…Íp“?•lÉŽv¿GíþÇnñg¿OÚ礽"Ÿñk€áî¶ãóhÿ¾¢]þ-:ya ¶Ö»±$;ð€¹D‚6^#ð®u/å½üBè>®ý^ªúF^PÜÒNÆv1ˏ’¡ƒáÙòóÈ!½ôhãøvys>ǯ«æi+Ýk¤[Ñ2iA9§‚¶¾§ýSo[Ý‘O¤Ó Á{¾> ™òIwŸO²Ï³†ÕºtnÐ5øÌ뽺«uԍ¥º¹½¡ieÿ‹™ca8ÈÇpSÿòQáœe(ï»Ë¤½Fÿù·Òíû-Œ¥¯ÐX]âè+;ëgÔÜo³?+ ¢·0nsGÑs|‡b¹©„¤-O«2Þ£Ž×€æ—t+WëMÕŒ XúAÀTå>.c—žn*½g”9„µ£é®Þ6ùK±ÿԲܜík¡‰÷ó[¿_úC/馿4Ràí×hW+].´û\|›±­cƒ ˆ’·¾¥˜³+þ(Õ»{qú¥6ºHh­Çäd¨aðÈË‘ûÁ—Z¯­0bødgðùsªþ1_øâ»,ñ‘†çWP¢Ù$6e½ôñ]^êíèXŽÊs À m'qŽW—Òòp™¾ÖmÇ êªÊØë]v¾©Skenl8$v VÄaËC($eëßì'ÄaÊãÈ/#(×^ÿ`|£?êæK«Öɤ±’$ƒ©øšºŸ¬¿]G_ÅãÓ÷‡nß»€tˆ –NTL'Jh¤’I2Q!$’+T’I&á9K„ü¤…$’KWê ž©ñwýK‘¾·@É«þ/ø¡}Sÿ•1¾.ÿ©r'ÖÓúÍñÅnr¿öŸ7÷‡ýË»ÉÚ~cûÑüÃ{¡ ê¿ñÌÿª ¨ÿ_Òñ¿âýQ\ÇÕñ=Gþ9Ÿ•tßãHFf7üQÿª+¢ú½YwN¢'èž™WÀp¥õ}àtü~~‰ü¥h‚Ò>‘ù-~T@à‡÷Gäļ{¸/L…Þ©‚ÓÌ¡ºe-N¢QÚÏw&-dC\ISpì„ìKH)r§½žЉ-ì¹ß®„ &ŽæÖþB«gû~®cùÚ?êJ±õÜlï_ð£ò_ªÈú¿‰®†À謞kIs܏æGLyÿº?éoZýOÛÒzxñ6ŸÄ,›[E¯Ö tÞš?“iÿ¤¹dãEœ¹§ÄI$”Ç rN(…$’JïAfþ¡ˆ¯ED~è)þ·uk~ÅÒñݼR懻ÌC@þôÿã-ß§Åga[¿/ûMž•î¸¸¯@úãÑ2~±7/ ¾ ,â@0ïp:¨eÿâ~¹í[cüäÝHìè5ø*ÿJo¬Ö3Œ0dÃ[ò`ÔýéúØ è”ø:¿UÉ Î=aËQónDÌÍXß›N±ÿbFxÇý¸¤§õCâ-‰}foì.…ÓžGªò €ð¹ß‰…,±³ê…^e¿…§åþÏè´ÝÙ®ÿT¿_Á[ÝO&Æý+i~«+0mú¹Xñk-މ–rð¨¸êvlwƽ?¹Yä§äňôÇ ÄÀ²òž,'üÜ&ŽŸW›ý~6œÖ `KD‹—(¶p:fF^=YL¸µÕËk– ­‡¼Ní4Y ¬}ªßJªÁ†ÖâæÇï:®;•ž8H™‚tèkWÊyiB&@:wy…nœWÙWªFÝšsÄüÕE/UÀ:!k׃“[I§-ûZ 5`kxd OïèyE=Ø5Tì«#ô¢·0 Ñ¸ý#ùË1Ýk%ÇMæCZ’àò~$„ãªåÛé’ýkß³A§©ô¿*ÐûÏ-ÚZWSß^­ï¼rý¥¥wï¯VÞ×VË D4çÅ&ÒÚmØâÑ»kš9x*»òžÿðÞRvM èُ-ܪw9רç’çI™wÒ?o¦iqƒ³þ¥W­tÆq?ðoüЧ. ÊÓ{ËužyÐx.k;¬9õ¶@iÔù­WfSӁûœíGyù®c¨Öëì†=B?´uû“Ý~íA2ŽÖŠjyú\wÑÒËœt•7¸ÚÞÞ¢ˆ1‘îÕ$ñ[G¨õ8Ã\ââ"ektïK£a·"÷û¾ƒF®ÙþÕK3¬7:Ǽ˜Ð‰Ym™…ŽaÚør«ßwªXÏ/Á;i ’O…_¨õŒ^Ž]۝a…mðìO`±_õÎÇ8ìÅlÿ)äÿÔ€³y¿Šr¸dFI\»Wðqyÿr\´Œ';Ÿ`/òkõ>¯ûJ‡Šñ¢½ÃRvºuÖ©oK«†›Ë÷=»«lƒ§¸‚Tº†{:!ev°>֝ÛgO-Àh±²¾°]”÷=ÍŸJîrZ[Xñù\^'ÜL ð K-޳¹¿HÖïîÚ¹ÜN¤ü@[s7%ÄEa¿ L«^j–CwÙ.:|6?lŽ0tzŒjía xöÄ$jªãSX™v‡PQ½?i‚uC«õAp†Ãv—’âqÙþQǧۚ#·é[7ÛfK›‰^Ýœ÷ x0ß5JŒ¾Ÿmª›se»= j7Àù*õÞðu #P®óòOmnÈW-Ü$ë>JÃKcq¤é=Ô(¤Ÿ£¸‚Nâ}§•Ç! >kÌ£!êk…Ó²n¡Ì{›`©Í;™XÖmåÎi:GecíÙ]V—aÒ}&8n°¹Ã{›?CÚ"tZí¿ ŽÚÚ­epÞKàr×nð3OèðæŠ¬ÚâeÏpc »XÛ$þWX«Óä´€&Iþì¢ ¸mN„¸”s‡]/ݬ#(lÎÑð@r³:#ïâ-©øõÔqéd–¼ç¸;·§¸|õáF»\溻œM ÷.u¿úö+¨·ê•4ZÇm0gÓÉ2d­ ^k}JØÐâ$@óñøÏÝXõ4§¼û‡ÉHå9ÍÞç 큠>kDÔ §ðPôÚàÃŽR¢–ðîÁŸ$£!^N¬lì¬I³!—Vð`Élî?¸vYªªƒ«æƒÜ>2åÓgÞû1ÜÇÔÐÒy †²8ø¬+êaö?™Ý èËÍÇ8XÝdŽÐ,¹ 8æOUã–ï3عNÊDA?z‚q"Øp‰ãîZ·ÔöY¶e€É‚7–NK \é1 Ï„vS~#qËKÜ ] ?Ú4PÈÆ®§:gN{øp¥«Û-â~*N½¬iãA©?ëʧ~C«€§ÙNœw©aÉ‚r'FlÉ3èu;3nG«\4µ òcS(£-•2+s[ 2âIŸ—ŠËȽæÁOäýÊÎ?J p¶×Ð À¡[kIs~–“â?½9 l$ÿ®¥µµ˜ÔžÚ÷Kk¦@ y)zbuÕ¼1”u {}¶‘ˆäÇ:£ «fà î:r|‘-4c’æâx×ËTm–jv±¤ðeÎwr«5޵»§hâ öG²·=¡¦:òt„f܍ÒV‡ÖŽ•oUô›[šÝ®$“æj_Ç8|€ ?m½_øÅºÊ0±ö9Í›LÁ#ó|–Oø¼êùG?ìαέìqÚâL9½Ä𺏭ßWïúÍUT9,~㼘ˆŽÀª¿T¾¥ž…k²o°>Í¥ 7è´yX_[k ¶¢¤‘]5£ìX¬`ÓÓ¡°¼Þ³êµµ9aúGó¥kôÿkì睊‰^>á[@žcEkm.×óŠo)î@Ž9qK_þl9qrøã’\R³®ÏEõ_ëcºÞE•Œq]l‚Ù$΍ø«~³ž$ÿ>ÿà¬t¬Ÿeƒ.òÁ¨¦¾xÔ­š¯õkq°ÃO·çⱺuÔ7*ê­t[ÈLÊ·FµŽ5äMeÐOq¤(–“`!QIÜÍLÊ;D0‚™¡ÎîÝ”Ä>¥ÑŽs~òiõšëe‚ÖVÓº’?Š©›ÑÿdW]ø£y1·wI•Ð`ã»»*Ès\HÐyr­ëZ90ãXp Óô~î†ç‰=Ýh”fÉ?Ð$©%)†‡ï  ð Ù¸ºÆíw0;…S/­6–þ­W«`:´þn±%kã TºͰ95DôÚ:hq‚ÿÎp’c‰BmNŽé2]ÇûÄÄ*®KxC"„Òrå‰âú8Ôt¾«Œÿ´²ÃúGïs?5½¿µ:gU»)ä½ °Ëdh>*íWØFѝ>HØ-ÄpmGÚÑðE&DvKh “4{$A'@¦ Á Jhž\IìG‚“ƒƒ6Lò‰°M¨"uQ›lG0>5ö¹ÙVl ©»˜ïΘäÙiu'à,Üd»‡l‹qÞÆËœØ1À'¼!³øîý!.w6¨@‡*ÇTëx6³u¯ÜÐ>‹}Îû‚´6·à†ûÀÑ¡dYÕÙИàž¾¯Ud5䏎©þð#Óöµ0ûSR6ꊙí}œ4}f|ž®-®—táâ¸Ü¯®UõgµÔµµž ÚNžEX£ëe4Ó{ògÝø…ªèpC¹°ÏÁŒ¦ä“]_k2ë°³\Ósžà$± ÃAntw*kš‡/„ÈÕkù•Ÿø†.K•áâËÒÿ3JéX¶u v»&²Ö¸‚;oAjçþÏèÕzÖÔc^íM€{@]·*œj\싪 ­kœ73oòZîe}`¯1žƒj?š÷K‹´³>c–8µÚ’Ùï,‹)¿'ô†l“Îãóî€*çMTYëÑ£«ú÷løGЧÓ~¬d\w9»vò o§úEÎy‚Ù.ò1+6î»—kÜÖ댖;‰ÔJ´õ7K‘¸t¾|‡ñSâû¾æá)WUØáËâþjZïýŠé7ç=Ìh -î;yà|Ô«éæ›KoÓf®ˆ1¤ó~£Õ¬Î¹Ï eEÆHªCI2ª¿Ô³éIÔwÜ»ÜF¸cWº'n¤j>J¥6°Òñ:ƒ$7ø®WÌÿN}W¸p+“·û£˜©}Nlº m„=‘åâ´rüTˆÄˆl:ÿ`.†_ˆÏ‚ƒaÔÿÓº -èLkœØØíG÷®W¦šê˜l—‚öí­n§Û¨> —ez{–lm—m×´ í ¾buƒ®‹»´–ë:ð«?#ì‡mæuö·s~+ª[ˆkÚ_}.ÓkÉ–ÿ+s—JÛ@£Ø8$ëð!XÃÍŒàðé&ÿ%ñIJ\'¶ãÍìîÌ8Vi³Ü}›­dpZí½¸×ñZÍúÙû2¶73ßsA­Úêá$iä¸>Õ_Óì-°‚6>Ku?Ð;­§SÌo§Pwïš–×éïcÆ×p@?ê†Ë[1ȝKd+2”ÌEîõŸ‘ž1)G^¤=[zž^;²q.%¼ŽçV“¢®þ§‰qý#eÎöÐktÎ.ÓE“Ò:e´5öÖZXæÉµÄp¯­s˜×¸k¢5ãÈhq’"#ø3iho¹¦‘u5® – ?tiñ”{.ôHäùh K{$ç ºº?ì¶ÃÜl ƒyñÑ>?G%¤ÛŽ×l$ƒkË¼¨Óöiõ\hÚý­'ÇrÒý Ì&ÒÖî—‰÷8Oã©å#V蘊k-þÛQ+¾Aq|aEçp'¶æ”écˆ8ÿË9ðØØµ¿búŠÝk u .:¹ŒŠ‹ì‡êFesÛ“ ¼§¨5µºÇ´€ÞåÃ_î\eÎØ÷‘¡Ì¥ÑÈÕߊ/ÙCŒð|cTßc ? "ú°5 y¨›ØÙ—éË Gª›1jžŽ.Ÿk[à¬Ù¡:þU\½„âÖωM9#E¯›˜Æt(nä4[¯eW$´i k÷¤z¡` ¸cé‚­nQ²\ç4 ×ýª^Ó.:|l¹¬[²ëvÓ>žGQc@s\#‚‡î* “eÍæ¾/4C

Reflected tags on Technorati: Blog, ,