Predicting mid-to-mid price change over ~100 ticks is table stakes for a big quant fund (and easy even without ML). If you can monetise the prediction after accounting for latency, commissions, bid/offer spread and slippage, *then* I’ll be interestedhttps://www.bloomberg.com/news/articles/2021-06-08/man-group-oxford-quants-say-their-ai-can-predict-stock-moves …
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Replying to @macrocephalopod
I think the article makes most sense when read as marketing for the ML-optimised hardware company involved in this project.
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Replying to @simon_r_johnson
Yeah it’s clearly marketing — for MAN, for the research institute and for Graphcore. Doesn’t mean we shouldn’t call out the grandiose claims tho!
6:08 AM - 9 Jun 2021
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