Hedge fund turns to AI to navigate through the maze
Trading by algorithms is nothing new, but one fund is looking to extend its use of AI into managing the business Continue reading Hedge fund turns to AI to navigate through the maze
Category Archives: hedge fund
Hedgefund Startup Powered By Crowdsourced Code
In the financial sector, everyone is looking for a new way to get ahead. Since the invention of the personal computer, and perhaps even before, large financial institutions have been using software to guide all manner of investment decisions. The turn of the century saw the rise of High Frequency Trading, or HFT, in which highly optimized bots make millions of split-second transactions a day.
Recently, [Wired] reported on Numerai — a hedge fund founded on big data and crowdsourcing principles. The basic premise is thus — Numerai takes its transaction data, encrypts it in a manner that hides its …read more
Continue reading Hedgefund Startup Powered By Crowdsourced Code