Welcome the Next Generation Trading

What is Quant?

• Recognizing patterns of noise. E.g. market data

• Highest paying jobs in banks and hedge funds (secretive profit centers)

• Our definition:

• http://quantlabs.net/blog/about/what-exactly-are-quants-and-quant-finance-anyway/

Automated Trading and HFT?

• Automated trading is programmatic trading rules that engage in the markets

• HFT (high frequency trading) represents over 80% of all trading volume on NYSE and other markets

• Our definition:

• http://quantlabs.net/blog/about/high-frequency-trading-hft-how-and-why-its-taking-over-the-markets/

Skills needed

• Programming skills is a must to be successful

• Need to adopt Do It Yourself attitude if you intend to develop your own secretive profitable trading strategies

• Outsource only to those developers you trust

• .NET (C#) and Windows is easiest to start with

• MATLAB is best to prototype algorithms with which can be easily code generated to C++ which is fastest

How to get started in Quant as Career

• Quants make big bucks!

• How to get started in all aspects:

• How to get started in quant finance, hft high frequency trading, automated algorithmic trading

• http://www.youtube.com/watch?v=HBTHKNLaAJc

Learn From QuantLabs.net

• Join the QuantLabs.net Academy http://quantlabs.net/academy/

• Join our Membership or Newsletter

• http://quantlabs.net/membership.htm

• Read our Daily Blog http://quantlabs.net/blog