BTW, data costs also too low. Just a BB terminal around 30k and a lot of extra data from BB costs extra (can be 200-300k per additional product). For quant st

BTW, data costs also too low. Just a BB terminal around 30k and a lot of extra data from BB costs extra (can be 200-300k per additional product). For quant strategy probably looking at 500k up to 2M for data initially. And you will likely be at a disadvantage to existing firms that have been collecting data for years. And that is at the low end. Spent many millions per year for 1 strategy at last large firm. And that was small fraction of total firm spend.