Business & Economy: Wall Street (Finance)
- Computers Trawl a Sea of Data for Stock Picks at Wall Street Hedge Funds [Wall Street Journal]
“Funds managing billions hunt for investment clues in newswires, weather, Twitter.
In SoHo offices where robots occasionally ply the hallways, dozens of Ph.D. scientists with degrees in fields like astrophysics, immunology and linguistics huddle every day around computer screens that show billions of dollars zapping around the world. Their goal: to give their secretive hedge-fund firm a leg up in investing the $24 billion it has under management.
In a room called the “Hacker’s Lab” where staff work on side projects, a researcher prints out an ergonomic keyboard on a 3-D printer while another teaches a Robot to play air hockey. A Robot from the lab occasionally plays shuffleboard in hallways.”
[ #PhysicalComputing influence at Work] #FinanceAndBanking #ComputationalFinance #FinancialEngineering
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