Hacker News

Tiny London quant fund emerges as one of the UK's biggest corporate taxpayers

21 points by throwaway2037 ago | 4 comments

bumbledraven |next [-]

peter_d_sherman |next |previous [-]

>"Quadrature is part of an elite group of London computer- and mathematical model-driven traders which has emerged to challenge established rivals in New York such as DE Shaw, Two Sigma and Renaissance Technologies. [...] Like its close competitors, Quadrature specialises in a type of quantitative trading called

mid-frequency statistical arbitrage

, which applies machine learning algorithms to large amounts of data and then predicts prices over the course of hours and days."

Mid-frequency Statistical Arbitrage -- is also called "Medium Frequency Statistical Arbitrage".

Let's learn all about it!:

Medium Frequency Trading Strategies: The Bridge Between High and Low Frequency Trading:

https://medium.com/@alister.scott/medium-frequency-trading-s...

Quant Hedge Funds Converge on Mid-Frequency Strategies:

https://www.linkedin.com/posts/hiccapital_hic-capital-market...

Statistical Arbitrage: Medium Frequency Portfolio Trading - Igor Skachkov (2013):

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2284577

GitHub: Mid-Frequency-Statistical-Arbitrage - Simplified mid-frequency pairs trading strategy:

https://github.com/alichopping/Mid-Frequency-Statistical-Arb...

Statistical Arbitrage in Mid-Frequency Trading (2014):

https://www.scribd.com/document/296765952/group5

cedws |root |parent [-]

How far are we from LLMs nuking their alpha? If they can make mathematical discoveries it’s just a matter of time and data.

throwaway2037 |previous [-]

Move over Jane Street.

    > generated $8.7bn in trading profits in the year

    > Quadrature employs just 246 people