Indeed an important decision because these options are very different. I would say :1) Alternative asset management2) Still possible but more difficult : you have no experience of consulting working methodology

In your opinion, what are the most promising areas (i.e those likely to expand, to innovate, to recruit, etc...) in market finance for the coming ten years ?

Check the R packages :"FactoMineR" for PCA"mlica" for ICAHope this helps.

<t>Hi all,I’m a stat arb trader working in Paris, but thinking of relocating to London in a few months. In order to make a decision, I need to know if my CV is attractive enough to get an interesting job in the City. Right now I feel it’s too early to send it to a headhunter who might distribute it ...

Any others ?

What is the best way to protect yourself from being fired after a few months, while having given away your arbitrage strategy ?

The Kalman filter makes a bayesian estimation of a hidden state, given the process and measurement deviations. In my opinion, it doesn't adapt itself to the shape of the data.

What is it exactly ? From what I saw after a google search, such a filter adapts its coefficients to the data by minimizing a cost function.Could you point me to some research papers on the topic ?Thanks a lot.

Best hedge fund strategy is to charge 2% management and 20% performance fees

QuoteInteresting question, why would you think that order book modelling would be relevant? Because it's a pure statistical game ? Because of the importance of execution optimization ?

What is Bayesian Modelling and how is it used in quantitative finance ?

What kind of stat models are involved in index arb ? Is it mostly an order book modelling problem ?

<t>QuoteDavid Shaw is pretty close.But we don't know precisely what David Shaw is doing, do we ?QuoteI have a question for you: Given that pairs trading has been known for 20+ years, why do you think that relatively simple pairs strategies (of that sort that you would expect undergrads working on a ...

Pairs trading means you are going to trade the spread right ?Correlation doesn't tell you anything about the future evolution of the spread while cointegration does.Maybe that explains why cointegration is much rarer than correlation...

Seriously, do you expect anyone giving away valuable information here ?