Silicon Valley Hedge Fund Takes on Wall Street with AI Trader
The clickbait headline is amusing, but "Wall Street" has been doing this > 10 years. I'm genuinely not sure if they're trying to "beat wall street" or simply be yet another quantitative hedge fund that happens to use machine learning and neural networks to power their strategies.Most real electronic trading firms are putting those algorithms in hardware.Source: Have worked in HFT the past 10 years.