Comments on: ATP02 - Stuart Bevan, Credit Suisse http://www.algotradingpodcast.com/2007/11/19/stuart-bevan-credit-suisse/ This interview series focuses on challenges affecting Algorithmic Trading environments and includes interviews with thought-leaders and industry experts from banks and other financial institutions. Fri, 29 Aug 2008 04:45:14 +0000 http://wordpress.org/?v=2.2.2 By: Edward http://www.algotradingpodcast.com/2007/11/19/stuart-bevan-credit-suisse/#comment-6 Edward Thu, 13 Dec 2007 13:28:31 +0000 http://www.algotradingpodcast.com/2007/11/19/stuart-bevan-credit-suisse/#comment-6 or perhaps these simualtions exist already... or perhaps these simualtions exist already…

]]> By: Edward http://www.algotradingpodcast.com/2007/11/19/stuart-bevan-credit-suisse/#comment-5 Edward Thu, 13 Dec 2007 13:22:52 +0000 http://www.algotradingpodcast.com/2007/11/19/stuart-bevan-credit-suisse/#comment-5 what I've thought of, perhaphaps there's a way to model this situation using systems analysis software. Suppose we model fruits and wegetables bazare, there natual cycles and people that sell and buy (adding little white noize or smth like this), and then we introduce a genetically bread agents that analyze the prices and trade futures on these market and make these agents compete (only the agents that perform well according to some given benchmark) - and see if its really possible to have all these systems when everyone makes money and happy... what I’ve thought of, perhaphaps there’s a way to model this situation using systems analysis software. Suppose we model fruits and wegetables bazare, there natual cycles and people that sell and buy (adding little white noize or smth like this), and then we introduce a genetically bread agents that analyze the prices and trade futures on these market and make these agents compete (only the agents that perform well according to some given benchmark) - and see if its really possible to have all these systems when everyone makes money and happy…

]]> By: Edward http://www.algotradingpodcast.com/2007/11/19/stuart-bevan-credit-suisse/#comment-4 Edward Thu, 13 Dec 2007 07:40:50 +0000 http://www.algotradingpodcast.com/2007/11/19/stuart-bevan-credit-suisse/#comment-4 Nowadays, we have a lot of professionals that use their skills to build profitable automated trading systems. Let's take metatrader platform for instance, which is free and easy to code for. I believe that very soon we would have much more sophisticated libraries available for programmers (even now metatrader code can be easily integrated with fuzzy logic, NN, non-linear dynamic tools and anything available from Mathlab or other tools), so more market-sensitive trading code will emerge. The next step is computational speed (maybe we'll have tools for distributed computations as they have now in 3D MAX package, but for trading agents optimization) - the cost will become even cheaper. Even now a typical person could rent, let's say, 20 machines in an internet cafe for distributed computations. Perhaps for $500 or less. So the real intriguing question is - HOW FAR CAN WE GO LIKE THIS? If even now one (common person, not a professional trader) may buy a profitable (more or less...) mql script for like 30->2000$ and make money, then if these systems become cheaper and better in quality - all would be able to make money? But how could that work??? Nowadays, we have a lot of professionals that use their skills to build profitable automated trading systems. Let’s take metatrader platform for instance, which is free and easy to code for. I believe that very soon we would have much more sophisticated libraries available for programmers (even now metatrader code can be easily integrated with fuzzy logic, NN, non-linear dynamic tools and anything available from Mathlab or other tools), so more market-sensitive trading code will emerge. The next step is computational speed (maybe we’ll have tools for distributed computations as they have now in 3D MAX package, but for trading agents
optimization) - the cost will become even cheaper. Even now a typical person could rent, let’s say, 20 machines in an internet cafe for distributed computations. Perhaps for $500 or less.

So the real intriguing question is - HOW FAR CAN WE GO LIKE THIS? If even now one (common person, not a professional trader) may buy a profitable (more or less…) mql script for like 30->2000$ and make money, then if these systems become cheaper and better in quality - all would be able to make money? But how could that work???

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