algorithmic-trading

Agents for financial services We’re releasing ten ready-to-run agent templates for the most time-consuming work in financial services: building pitchbooks, screening KYC files, and closing the books at month-end. Each one ships as a plugin in Claude Cowork and Claude Code, and as a cookbook for Claude Managed Agents, so a team can put Claude on real financial work in days rather than months. Clau…

In case you missed the news, Jane Street pays well. Last month, we suggested it might pay each of its 3,500 people $2.3m each. 💥Follow us on WhatsApp for news alerts. 💥 It turns out we were wrong. Late Friday, shortly before the UK bank holiday, Bloomberg reported that Jane Street actually paid its people $2.7m each for 2025. That's not bad given that most of them don't even know what their i…

This bibliometric study focuses on the changing nature of factors affecting the stock market volatility between the year 1995-2025. Using a data source of 89 reviewed research articles in Scopus and analyzed using VOSviewer through visualizations. The analysis also reveals the main clusters of influence, which include the macroeconomic indicators, political stability, and oil-price shocks, as wel…

Why Most Crypto Bots Get Sandwiched (And How to Prevent It) If you’ve ever tried deploying a crypto trading bot, chances are you’ve encountered the dreaded sandwich attack . It’s one of the most frustrating experiences for traders and developers alike. I’ve lost count of how many times my bots got caught in these attacks, but over time, I’ve learned how to mitigate them effectively. In this artic…

From continuous theory to discrete execution. How Mixed-Integer Programming (MIP) solves the NP-Hard problems of real-world trading. Master the mathematical architectures, strategic applications, and modern solver technologies that power quantitative finance. 📊 Deep Research Topics: quantitative finance, investment analysis, financial education, financial research, market analysis

This video breaks down the Seagull spread — a three-legged options strategy that finances directional speculation through volatility skew arbitrage — exposing why there's no free lunch in its apparent risk-reward profile. 🎥 Video Tutorial • 📈 Options Strategy 🎥 Watch Video: https://youtu.be/DGOML4Zpt5E Topics: quantitative finance, investment analysis, financial education, options trading, der…

In Part 2 , we built the "heartbeat" of our engine: PnL Calculation . We ensured that every price tick accurately updates a trader’s equity with decimal precision. But a market cannot survive on price action alone. Without an anchor, the price of a perpetual contract would drift aimlessly away from the actual value of the underlying asset. That anchor is Funding Rates . It is the regulatory mecha…

How to Backtest Crypto Strategies by Market Regime (With Real Data) Your backtest says Sharpe 2.0. You deploy. It immediately starts losing money. Sound familiar? The problem isn't your strategy. It's your backtest. Specifically: it averaged across multiple market regimes, hiding where your edge actually lives. The Regime Selection Bias Problem A strategy that returns 40% in bull markets and -20%…

How to Add Market Regime Filtering to Any Crypto Trading Strategy Every backtest looks great until you run it live through a choppy market. The strategy that returned 40% in a trending quarter suddenly bleeds 15-30% of those gains when the regime shifts to sideways price action. This is the single most common failure mode in algorithmic crypto trading, and the fix is surprisingly simple. The Prob…

If you apply for a quant job at hedge fund Balyasny, you might meet Giuseppe (Gappy) Paleologo . He is the head of quant research there. He is also a good guy. 💥Follow us on WhatsApp for news alerts. 💥 Paleologo is currently hiring researchers on salaries alone of $250k. Speaking to a student podcast last month, he said he typically conducts two or three interviews a week and spends a lot…

Jake Nesler’s AI trading bot got one big decision right in its first week. It ignored the chase.

Robotic Process Automation has significantly transformed the financial services sector. What began as a tool for automating repetitive tasks has evolved into a critical enabler of decision making, risk management, and governance. Financial institutions are increasingly adopting automation not only Read More ... The post The Evolution of RPA in Finance and Risk Governance first appeared on Risk Ma…

This paper argues that artificial intelligence does not merely expose weaknesses in macroprudential governance — it renders three of its foundational assumptions structurally untenable. Treating AI as a co-constitutive element of the financial system's amplification architecture rather than an external analytical tool, the paper identifies three limits built into the constitutive logic of stabili…

If you’re technologically-minded and want to work in finance, there are really two career options for you: either get into the whole quant thing , or stick to normal bank technology . If you’re interesting in being paid well, you might be surprised at which one is better. Click here to join the bubble by eFinancialCareers, our new anonymous community.  ✍️ Our Compensation & Lifestyle Report 202…

At 09:32 EST on January 2, 2026, our Python 3.13 trading bot executed its first live order via Alpaca 3.0’s new async API. By March 31, it had returned 15.2% net of fees, outperforming the S&P 500 by 12.7x, with zero unplanned downtime and a p99 order latency of 87ms. Here’s how we built it, the mistakes we made, and the benchmarked code you can steal for your own algo trading stack. 🔴 Live Ecosy…

Bankers do love their military metaphors.  Former Goldman Sachs CEO Lloyd Blankfein famously had to remind a colleague during the 2008 financial crisis that “You're getting out of a Mercedes to go to the New York Federal Reserve. You're not getting out of a Higgins boat on Omaha beach".  The reason that bankers love battle vernacular is that it sounds good.  It’s cooler to refer to your elite str…

Prediction markets are supposed to be efficient. They're not. Here's a trade I found last week: the Lebanon Parliamentary Election had 21 candidate markets on Polymarket. Each one was a binary YES/NO bet on whether that party wins the most seats. Exactly one party will win — so the probabilities must sum to 1.0. They summed to 0.789 . That means you could buy one share of YES on every single cand…

Back when Kunal Shah was an intern in the early 2000s, people apparently told him “Don't rotate into fixed income trading desks — it's all going to get automated”.  Now, looking back on that advice from his position as global co-head of FICC at Goldman Sachs (and co-CEO of the international business), he has a fine perspective on why this was wrong, and what that means for people starting their …

There are plenty of ways to show off your risk appetite and technical skills to electronic trading firms like Jane Street. Few of them are as good a conversation starter as winning a poker tournament without placing a single bet yourself. 💥Follow us on WhatsApp for news alerts. 💥 Fullhouse Hackathon, which describes itself as "the UK's first quantitative poker hackathon," is currently open …

The growing dominance of passive investing has fundamentally altered the dynamics of equity markets. A substantial share of trading volume is now driven by index-tracking strategies, which mechanically allocate capital based on index membership rather than company-specific fundamentals. This raises an important question: can predictable flows associated with index rebalancing be systematically ex…