When it is not in our power to follow what is true, we ought to follow what is most probable.
New York, NY (PRWEB) February 29, 2012
TradingSystems.ca actively promotes new proprietary systems / models to buy side prop traders around the globe.
Non-discretionary trading is on the rise, Indeed in the UK, 88%, and in the rest of Europe, 91% of hedge funds or prop houses claimed that most of their alpha signals (66% or more) were machine generated. In North America this figure was around 70%, while in Asia it was slightly higher (72%).
60% of buy side firms and 71% of sell side firms claimed that over two-thirds of their machine-generated signals triggered an automated trade, it is therefore not surprising that most firms, aside from traditional buy side firms, expect to be largely or fully automated within three years.
The proportion of hedge funds or proprietary trading firms who expect to be largely or fully automated rises from nearly 60% currently to around 80%, and the proportion of global investment banks at this level rises from just under 60% currently to nearly 86%.
About TradingSystems.ca's model distribution service:
The service is meant to help designers of algorithmic strategies to unlock their model’s potential by making it available to buy side prop traders for optimum results, it includes:
Investors vary from private equity family offices to large global funds who are members of the Automated Trading Strategies LinkedIn Group (A thriving community of over 30,000 quantitative modelers, many of which are buy-side prop traders).
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