When Steven Zoernack and The Bullion Fund deploy their Statistical Arbitrage
Strategy, the firm uses a heavily quantitative and computational approach to trading by utilizing a variety of automated trading systems which commonly make use of data mining, statistical methods and artificial intelligence techniques.
The firm's trading strategies include global macro trading, long/short, statistical arbitrage
, event driven strategies and technical trading systems.
11% YTD and the HFN Statistical Arbitrage
Average was +1.
Chapter 13: Statistical Arbitrage
in High Frequency Settings.
5 million venture capital fundraising to develop quantitative trading systems for global equity and futures markets; co-directed a team of 20 for trading model development and system integration and testing; led a high-frequency, market-neutral statistical arbitrage
fund; and designed a real-time portfolio monitoring and risk management system.
The data in the report is based on conversations with over 107 buy-side equity and equity options traders, drawn directly from in-depth, one-to-one interviews with long-only asset managers and hedge funds covering a wide range of strategies including long/short equity, statistical arbitrage
, equity sector-focused, index funds, volatility and global macro.
As an innovator in the niche strategy of statistical arbitrage
, Double Alpha is continually researching and implementing quantitative models which explain the short term volatility of individual equities.
Sondhi joins Chi-X Global from Nomura, where he worked in its Statistical Arbitrage
Prime Services business.