age of conan gold high frequency trading who - OJH

"Quantitative ideally suited for primary investors on the futures market trading and high-frequency traders. "Shen Wan He Xiaoming, Deputy Director of the recent acceptance of the futures Institute said in an interview with the business daily, the financial literacy. Compared with the traditional trading, quantitative trading of more copies, which attract a lot of futures investors eyes. "Quantitative investment but is currently in the initial stage, the wholeA quantitative process is not perfect, regardless of the market as a whole, quantitative selection of products has a large risk. "The sea permit futures Lei Peng age of conan gold, a researcher says. Quantify future trading budding domestic futures market on the first quantitative investors are mainly of a number of exercises on a regular basis both inside and outside of hedging the cash, such as London, both inside and outside of arbitrage transactions between domestic copper and copper. With the standardization of market development,And the domestic futures market trading volume rising, especially as the number of 2000 after China economics, financial engineering, such as promotion of education and teaching at the University level, graduates entered the futures industry, gradually introducing new research tools and methods. "As the a-share market in 2008 entered a bear market, market value out of demands, some private equity starting onSome related securities and Futures to hedge. But when the market environment is still relatively primitive, mainly because some software carried on some technical analysis indicators, risk control, resource allocation management research and standardization is weak. "Xinhu futures technical innovation General Manager Cai Jianbo told reporters. Cai Jianbo believes that after 2008 futures quantify reallyUsher in a new development, with the introduction of stock index futures, and more specialized research groups and institutions. Lei Peng said, there were only commodity futures age of conan gold, futures markets less attention, is a niche market as a whole. In addition due to the pricing power of many varieties are subject to abroad, overnight Gap is more common, quantitative investment so there is a big risk. In stock-index futures pushed out later,Cargo market has been widespread concern in the community. While the futures market as a whole is also a significant increase in trading volume, turnover in multiple varieties in the world, which has laid a good foundation for quantitative investment. Meanwhile, the futures industry has a lot of changes. First of all, futures companies have set up a Department of financial engineering, or investment advisory Department, Research Institute of securities and FuturesThe closer contact, pay more attention to financial product research customer programmed trading began to agree with; various quantitative investment platforms in the market flooded. Quantitative investment from investor status, quantitative investors major population concentrated in the futures company currently self-employed, fund companies, private equity and brokerage accounts. On the scale, to private equity fund as the main parameterAnd groups. Cai Jianbo told reporters: "the quantification of current domestic transactions accounted for market trading volume of about 20%, is increasing every year, particularly rapid growth in these two years. "Cai Jianbo refer to quantitative trading abroad development path, 70% by the programmed volume of transactions completed, China has only just started, so, the domestic development of space is also very large, product rangeWill become more abundant, policy refinement of complexity and transaction tools will continue to improve. "We should grasp the opportunity of the industry. "Cai Jianbo said. From the operational style, Lei Peng believes that investors in futures market currently has four types of quantitative, are the Alpha product users, trend trading, arbitrage trader, as well as high frequency trading. Alpha productsUsing who, is using index futures and stock spot for match, get stock of excess income; trend sexual trading who, full using various model on price for pre-sentenced, this trading who of funds from tens of thousands of to tens of millions of are is exists of; arbitrage trading, including no risk of index period are arbitrage and statistics arbitrage; high frequency trading who, this General using futures market price of tiny variableFast transaction, to obtain high yields. From looking at the scale the secret world gold, arbitrage funds tens, and statistical arbitrage funds is relatively small. He Xiaoming in the eye, quantitative trading in the domestic market to a large extent, it is just a marketing tool, is encapsulated most of the core strategy to the conventional specification and application of combined application systems, itCan be reflected in a more programmed trading platform, used for publicity and shows tend to have selective investment performance, medium-and long-term products rarely with more stable profitability. He Xiaoming believes that development of domestic quantitative trading are subject to two factors: first, the monoculture of the trading strategies, lack of diversification policy support in the most programmed trading system and corePolicy to the conventional specification and application of combined application system and secondly, decentralization of resources, the current domestic market in pursuit of higher yields of medium and small scale retail-oriented investor structure, as well as restrictions on high-frequency trading is not conducive to the promotion of program trading systems. With the introduction of more financial futures products in the future, such as the Treasury bond futures, particularly the optionGoods Lei Peng believes that quantitative trading strategies of the investment may be from a single to a variety of progressive development of the portfolio and product pricing. Quantitative trading of futures markets is more suitable for quantitative trading development philosophy is at the core of hedging transactions in foreign countries and high-frequency trading, carry the main way is carried out. He Xiaoming believes that strong speculative futures market main varieties, mobileWell, many futures will also double the main contracts, facilitate cross-carry relatively more suitable for quantitative trading the futures market. Lei Peng said t-0 due to futures trading, futures investors are more in favor of short-term trading. Futures trading volume and number of high positions also determines the atmosphere greater futures speculation and price volatility than stocks,High income preferred. Online statement Gold: gold online reprint of the above content, does not indicate that confirm the description, for investors ' reference only and does not constitute investment advice. Investor operations accordingly, at your own risk.