Nice link.. seems like HTG have taken the first step towards a pluggable infrastructure, where the plugin is the quant/programmer + their algorithm implementation.
ps. I never really understood the difference - Hedge Funds seem to be more about speculating via leverage than 'hedging'? [using their own proprietary algorithms to do that]
Comments
why aren't these companies more like startups?
There are. http://www.forbes.com/2010/07/28/high-frequency-trading-pers...
Incidentally Jane Street isn't a hedge fund, it's a proprietary trading firm.
Nice link.. seems like HTG have taken the first step towards a pluggable infrastructure, where the plugin is the quant/programmer + their algorithm implementation.
ps. I never really understood the difference - Hedge Funds seem to be more about speculating via leverage than 'hedging'? [using their own proprietary algorithms to do that]
This video explains a bit more about what they do: http://ocaml.janestreet.com/?q=node/61