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I see no reason to believe such a machine would be helpful for algorithmic trading. Why should it? How well do current gold medalists do in trading?
by BeetleB 3y ago
I see no reason to believe such a machine would be helpful for algorithmic trading. Why should it?
How well do current gold medalists do in trading?
- eddtries 3y agoAlameda Research had some gold medalists iirc!
- lupire 3y agoYes, but they stopped doing math puzzles when they started trading. Math puzzles aren't how they trade.
- eddtries 3y agoMaybe I’m being dumb here but isn’t the brain of one of those people the same, basically, as the model? So if a model can do X and is valued so highly, surely it’s value is pinned on a known brain that matches its skills?
- Yhippa 3y agoI was curious as to why an algorithmic trading firm is sponsoring this. What's in it for them?
- govg 3y agoA lot of finance companies sponsor events / prizes like this simply as a means of advertising and PR. If you come across this prize as a math student, now XTX is in your head and maybe you'll look them up and decide to intern there. And 10m is a drop in the bucket for such goodwill and PR, especially because anyone who has the skills to win this can surely be hired and make them as much money.