Quantopian will showcase its offering to the local market through their quantitative finance and algorithm trading conference,
QuantCon. The goal of the event is to recruit and educate Asia-Pacific talent on Quantopian's worldwide investment platform.
Quantopian has identified Singapore as a hotbed for potential talent to add to its global pool of algorithm writers (quants), who compete to design investment algorithms to be included in a Quantopian-managed vehicle. Authors of algorithms selected for the vehicle are rewarded with a share of the net profits generated from their algorithms.
Quantopian’s education program kicks off with a three-day event for 200 quants with workshops on November 10, a conference on November 11, and a quantitative finance competition on November 12. The conference on Day Two is open to media and features speakers from Switzerland, the US, Australia, the UK and Singapore.
In July, an agreement for Quantopian to manage up to $250 million of investment capital provided by renowned investor, Steven Cohen, was announced. Matthew Granade, the leader of Point72 Ventures, noted that “the scarce resource in quantitative investing is talent. Quantopian has demonstrated an innovative approach to finding that talent.” This is Quantopian’s largest event so far in the region.
Quantopian’s portfolio of investment algorithms includes many selected from the more than 400,000 algorithms written by its community of over 90,000 members, including professors, finance professionals, research scientists, developers, and students. By offering an institutional quality platform online and for free, with access to extensive data, Quantopian gives anyone the ability to create and test investment algorithms -- and be rewarded for their work.
Quantopian evaluates the performance of each algorithm on its platform and makes allocations based on factors including return, risk, style, capacity, and interaction effects.
Quantopian Founder John Fawcett and CIO Jonathan Larkin will be in Singapore from Tuesday 8th November thru Friday 11th November and are available for interviews. For more information on the event and a list of speakers (who are also available for interview) visit
http://quantcon.sg/.