Modeling Equities Returns: The Linear Case

Modeling Equities Returns: The Linear Case

Introduction Having an accurate high-level overview of market dynamics is crucial in algorithmic trading. At HRT, many trading teams curate their own models to understand risk and performance profiles of their portfolios. Here we’ll dig into a specific class of...
How HRT Thinks About Data

How HRT Thinks About Data

Algorithms play a central role in algorithmic trading – as you might guess from its name. The simplest mental model of an algorithm is one of a black box that takes in data as input and outputs trading decisions. As researchers, we spend a lot of time thinking about...
Applying Artificial Intelligence to Trading

Applying Artificial Intelligence to Trading

In the past few years it has been hard to escape the ubiquity of Artificial Intelligence. Although everything from your phone to your car or even your refrigerator might be endowed with AI, what is actually considered AI will vary widely from person to person.