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Dec

05

Two Sigma Taking Crowdsourcing Approach To Trading Algorithms

By Tony Seruga

two-sigma-gif The efficient markets hypothesis has been around longer than the average hedge fund trader has been alive. As the theory goes, swarms of market participants immediately incorporate economic data and business news into asset prices, making it tough for your average trader to edge out average returns. To outperform, you have to be remarkably savvy, uncommonly well-connected, or – as successful funds like Two Sigma, Citadel and Renaissance prove – a computer.

Bollocks to all that, says Two Sigma. Bloomberg has the story:

Two Sigma Taking Crowdsourcing Approach To Trading Algorithms

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