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

Author: Eamonn Sheridan | Category: News

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."
Not much more on detail etc., as you'd expect I guess. Link is here. 

Gotta keep learnin' more on of this stuff!

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose