The father of Algo Trading decides to call it a day – fascinating man James Simons. To think what this man has achieved in last 3o years is amazing
I came across this link which summarizes the mechanics of a “normal” trading day. Although it can never be predicted what is does show is how the day has definite “watch” hours – periods where one should monitor the market carefully for opportunities.
I never quite got to grips with annuities and pensions but since many of my friends and colleagues have a laugh at how old I am it is always worth reading about how to sustain an income when the twilight years are upon me. This article from the BBC really explains this concept quiet well and how the current market situation effects the return on annuities. For those seriously thinking of retiring it is worth a read:
A well known strategist at Morgan Stanley is will known for his timing in the markets – Teun Draaisma thinks we are half way through the current turmoil in financial markets – as usual a picture is worth a thousand words so take a peek to know when to call your stock broker (if he/she has not been sacked already by their firm…)
In the current credit crisis what role can quantitative hedge funds play? This article presents a pretty good case why the time is ripe for such funds.
