How Open Source Software Could Level The Playing Field in Finance
11 monthes ago - By Newsweek
This article was originally published by International Business Times.
Obviously data-driven investment managers are not going to divulge the secret signals that form the basis of their alpha strategies. But when something is not part of your main business it can help to open source the code, which can then be improved.
These days open sourcing software is a trend that even large hedge funds such as AHL and AQR in the US taking part in.
Saeed Amen, CEO and founder of Cuemacro, is enthusiastic about open source within the big data arena. He has spent over a decade developing algorithmic...
Read more ...
The headlines of News BreaK
NY Attorney General investigating Uber data breach
New York law requires that companies notify the Attorney General and consumers if data is stolen.
Woman raises money for homeless man who spent $20 to help her
A New Jersey woman who was helped by a homeless man when she ran out of gas is raising money to help the man recover.
Heat top Celtics, snap Boston's 16-game win streak
The 16-game winning streak ended tied for the fourth-longest in Celtics history.
Airlines agree $95.2m payout over hijacked planes used on 9/11
Insurers for American Airlines and United Airlines will foot part of a $95.2 million damage claim brought by the developers of the World Trade Center, after the buildings were...
Doug Jones campaign releases ad targeting allegations against Roy Moore
A race in Alabama to fill a U.S. Senate seat is continuing to focus on sexual assault allegations against Republican nominee Roy Moore.
Former USA Gymnastics doctor Larry Nassar pleads guilty to sex charges
A former Michigan State University and USA Gymnastics doctor accused of molesting seven girls has pleaded guilty to first-degree criminal sexual conduct and faces at least 25...
Jeff Sessions orders review of gun background check system
Reuters U.S. Attorney General Jeff Sessions on Wednesday ordered a review of a government database used for background checks on gun buyers, after a man who killed 26 people in...
Two more women accuse Al Franken of groping
Two more women have reportedly accused Senator Al Franken of groping them during campaign events nearly a decade ago. The women told The Huffington Post that the Minnesota...
Tillerson: Myanmar clearly 'ethnic cleansing' the Rohingya
U.S. Secretary of State Rex Tillerson has shifted his stance on the Myanmar government's actions against the Rohingya Muslim minority in the country.
Federal Judge Blocks New Texas Anti-Abortion Law
Texas sought to ban a common procedure for ending second-term pregnancies. Courts in four other states have blocked similar laws.