Video tutorials: A Documentary about algorithmic trading

Video tutorials: A Documentary about algorithmic trading

12 September 2014, 16:00
Ivanov Evgeniy
0
267

This video is about algorithmic trading. Renowned as “quants” — people who specialize in the application of mathematical and statistical methods to financial and risk management problems – voice their fears about the financial industry’s almost complete dependence on mathematical models, many of them may be deeply flawed. So it's their opinion only .

The whole financial industry is based on this business model where they detach risk and reward from responsibility. It's volatility-driven wealth transfer from the real economy to the financial sector. There's a good reason why this huge technological advancement that took place over the past 20 years had no reflection in significant quality of life increase for the average middle class non-banker.

Video:


Share it with friends: