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The algo is only one part of a real trading organization. Granted it's the one that gets all of the credit, and is perceived as the sexy side but operations and
by boothead 14y ago
The algo is only one part of a real trading organization. Granted it's the one that gets all of the credit, and is perceived as the sexy side but operations and reporting is easily as important. If you had the best algo, but you kept making mistakes or mis-reporting because your platform was crap, you'd be out of business as fast as if your algo didn't make money. I'm talking here of hedge funds where assets under management are all import and generally external. It might be a different story in a market maker or prop shop where getting research into production fast is all important.