Is anyone doing anything in this space?
Machine learning/ Artificial intelligence
- Thread starter Event Trade
- Start date
RenTech, D.E. Shaw and several thousand quant firms.
https://www.technologyreview.com/s/600695/will-ai-powered-hedge-funds-outsmart-the-market/
https://www.technologyreview.com/s/600695/will-ai-powered-hedge-funds-outsmart-the-market/
I know the big firms are doing it, I mean if anyone here is doing it on their own or with a group.
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The thing about Quant/HFT is that they're not making money by betting on the market direction. Rather they micro-scalp by getting in front of the order queue and just skimming off the froth on millions of orders. To me, that's cheating, not trading.
mr schizo,
is that AI?