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Models are trading 24/6 (FX).

Yes I thought it would. However, say you have X at 1.000 while Z is at 200 then X won't have as big of an impact as Z. Edit: Wow. I can't believe I didn't realise how to do this. Just using a set value divided by the security price and then adding the three together would net me a "hybrid"...

I am trying to create a "Hybrid" price to do some research with. Basically what I am looking to do is create a price based upon the values of 3 other prices, each equally weighed. For example I would like to combine the values say three securities X, Y, and Z where each will constitute...

Most definitely. System has suffered bigger drawdowns and has leaped back. Speaking of which the 1-10 ranked model has gone positive for the month and is actually up 1.3% since start of journal. Lets see if it can hold or add to these gains tomorrow.

Well not a good week at all. Interestingly the diversified 1-20 ranked basket did worse than the more focused 1-10 ranked basket (the one presented in this journal) For the past week: S&P: +0.23% NASD: -0.03% Dow: +1.16% Rank 1-10: -2.45% Rank 1-20: -3.01% Since start of Journal...

Thats pretty solid. Are they still in the convergence arena or more into statarb now?

I wonder how that JWM partners fund fared.

Yes, I know how negotiations eventually work out (It doesnt). Everything will be set in stone with no negotiations.

Futures on the size of Playmate's breasts coming to an exchange near you. Will allow investors and traders to manage their hormone related risks!

Thanks Aaron. Looks like the person wasn't quoting anything unusually high. Its more of a "lay down money" than a "hand shake intro".

Gotcha. Yes I also think thats not a pretty good idea. I like rewards for my work :D

Thanks for the replies. Goes to show you the range of different numbers being paid to referrals. Rufus> Yes the value of relationships is not to be undermined. Without money all the world's best models and traders are useless. horribilicus> Well I certainly dont need that! Aaron> No...

Need some help: Say this person acts as a referral and sends clients my way? How should I compensate him/her? What is the typical market rate? This person is asking for 20% of the performance fee I collect which looks too high as s/he isn't taking the risks, I am. Anyone have any...

That Uchicago program is surely something. MDs from SAC, citadel etc sitting on their advisory board. http://www-finmath.uchicago.edu/new/msfm/prospective/ourprogram_facres.php http://www-finmath.uchicago.edu/new/msfm/prospective/ourprogram_advisory.php

Well not an Index tracker but a ETF fund manager in India: IIF.

Yes medallion not meridian sorry. http://www.charttricks.com/Resources/Articles/jim_simons.pdf

Meridian is HF trading. The new 100Billion fund is more longer term holding for months at a time. Their goal is to provide above market risk with below market volatility (low beta).

Actually his fund Meridian which makes the 30+% returns is kept at around 2.5billion dollars in assets. His NEW fund which will have a 100billion capacity (more or less no limit) will be systematically traded (but with holding periods of months instead of seconds as in Meridian).

Yes I have noticed that. Historically, it seems that this has occured in the past. Here are two charts I am viewing: This one is basically how many months on a rolling calender basis has the 1-15 ranked stocks of the model beaten the market. As you can see it has been recovering rather...

Total Return from 1989-2005: Rank 1-5: +283405.34% Rank 1-10: +83178.74% Rank 1-15: +65878.59% Rank 1-20: +33565.84% Rank 1-25: +31312.34%