Algo Trading News Headlines 9/18/2018

5 Reasons Why Cryptocurrency Trading Bots Are So Popular (www.cryptodisrupt.com) “Have you been considering using cryptocurrency trading bots or are looking for a way to get involved with crypto trading on exchanges? Many people are thinking the same as you. Here are five reasons why trading bots are so popular.” Photo by Fancycrave on Unsplash Why … [Read more…]

Algo Trading News Headlines 9/17/2018

The who, how and why of high-frequency crypto trading (www.bravenewcoin.com) According to the Financial Times, several leading high-frequency trading houses, including DRW, Jump Trading, DV Trading, and Hehmeyer Trading have entered the crypto asset markets last year. Several newly-launched crypto hedge funds are also using algorithmic trading strategies to generate a return on investment for their … [Read more…]

Algo Trading News Headlines 9/12/2018

Waters Rankings 2018: Best Algorithmic Trading Provider — Wolverine Execution Services (www.waterstechnology.com) Early forms of automated order entry provided the catalyst for what would become the foundational trading method of modern markets, but the development of algorithmic trading itself has been fascinating — and at times, controversial — evolution in listed markets. Wolverine Execution Services (WEX) has been at the forefront … [Read more…]

Algo Trading News Headlines 9/10/2018

Is a Slang programming job at Goldman Sachs a technology career-killer? (www.efinancialcareers.com) If you work for Goldman Sachs, Slang is more than just the signifier of an informal word or phrase: it’s the bank’s very own programming language,devised by some of its most brilliant strats over two decades ago. However, depending upon who you speak to, Slang (short … [Read more…]

Algo Trading News Headlines 9/11/2018

Quant Investing: What are the dangers of the Black Box? (www.jdsupra.com) The strong industry consensus is that computers caused that Monday afternoon “flash crash.” Algorithmic trading, where computers automatically pick stocks based on complex pre-programmed instructions, “definitely had an impact” on the market swing that day, according to U.S. Treasury Secretary, Steve Mnuchin. Photo by Esther … [Read more…]

Algo Trading News Headlines 8/31/2018

A Junior Analyst Created a Faulty Quant Model. The Penalty? $97.6 Million (www.institutionalinvestor.com) Investors placed billions of dollars into mutual funds and strategies that used models developed solely by an inexperienced analyst at Transamerica affiliate Aegon USA Investment Management, the SEC said in a statement Monday. The models contained numerous errors and did not work … [Read more…]

Best Starting Kits for Algo Trading with C#

Today, the world is transforming towards automated fashion, including manufacture, cars, marketing and logistics. Personal investment is no exception. At Alpaca, we are pushing this boundary forward so everyone can enjoy the automated investment world. Photo by Nikhil Mitra on Unsplash List of .NET/C# Algo Trading Systems When it comes to algo trading and automated … [Read more…]

Algo Trading News Headlines 8/29/2018

Brazilian crypto trading platform hacked, over 264000 user data leaked (www.coingeek.com) Portal do Bitcoin reported that the hack was initially brought to light through a YouTube video posted by Investimentos Digitais. A total of 14,500 accounts containing a total of 5,813 BTC, currently worth about $40 million, were reportedly affected by the security breach. Photo … [Read more…]

Algo Trading News Headlines 8/27/2018

Trading Places — Lines Blurred Between Traders And Programmers (seekingalpha.com) The recent WSJ article focused upon details from Adam Korn, a 16-year veteran at Goldman. He stated that success today depends less on trusting one’s gut, rather much of a trader’s job is embedded in the computer code or algorithms, which do much of the work now. … [Read more…]