Ex-JP Morgan traders and their artificial intelligence FX trading fund

Artificial Intelligence
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A Bloomberg piece on an artificial intelligence-driven hedge fund run by two former JPMorgan  traders

Some interesting points:

  • fund uses so-called deep-learning algorithms to analyze data and forecast market moves
  • model monitors trading levels across a variety of asset classes as well as economic figures and consensus estimates, and assigns potential return probabilities to various trades
  • “It can say if you’re positioned this way, chances are you’re going to make a lot more money than the other way around
  • So the odds, the probabilities are with you, or there’s an asymmetric payoff in this sense.”

Gotta keep learnin’ more on of this stuff!


(Excerpt) Read more Here | 2018-12-05 07:35:08

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