Hacker News new | ask | show | jobs
by bitcuration 4635 days ago
In that space, there have been many quant tools/online communities, smartquant, openquant etc., let alone weath-lab, traderstation the old school TA tools, yet none has taken off into mainstream.

In the algo trading field, nobody can beat HF. In the alpha seeking field, it takes much more than trading algo, or a single algo. Complete computerization is not impossible but definitely a very hard problem.

In term of creating a Bloomberg competing model, I'll not entirely build it on algo based. There are numerous cheap highly educated labor out there in the world, outsource it, fill in the gap where data mining is still not good at. Only then, Quantopian will become a sound Bloomberg conteder.