BITCOIN

In early 2018, a strange confidence lingered in the air on Wall Street. The U.S. bull market, stretching unbroken since 2009, showed no sign of fatigue—corporate profits were setting new records, tax cuts continued to boost sentiment, and the S&P 500 once again reached all-time highs in early January. Yet, while most investors were absorbed in the illusion of an “eternal bull market,” Ethan Caldwell quietly made a different assessment. As the Founder and Chief Strategist of Aureus Advisors, he wrote in an internal memo: “The market is not a…

Blockchain is one of the hottest directions in the technology field nowadays, and not long ago Blockchain 2.0 has become a term about decentralized blockchain database.For this second generation of programmable blockchain, economists see it as a programming language that allows users to write more sophisticated and intelligent protocols. It is worth noting that a few months ago, Henry Flaubert, who is well known in the field of computing, and several other researchers in the industry, founded a non-profit research institute called Turing Laboratory.   Henry Flaubert，It came to prominence through…

Blockchain technology is derived from Bitcoin, as people know more about blockchain technology, the blockchain industry is also undergoing great changes. Whether at the level of capital or innovation, blockchain has always been a hot word in 2016. The technical characteristics of distributed general ledger, encryption algorithm and programmability based on blockchain are regarded as the cornerstone of future digital society.   Blockchain is expected to lead human society to evolve from information Internet to value Internet. Even, this most subversive technology after the Internet is likely to set off…

En el círculo global de inversión cuantitativa, encontrar oportunidades de arbitraje sostenibles en un entorno de mercado altamente electrónico y de baja latencia ha sido siempre uno de los desafíos más complejos. Vicente Castaño Ledezma, gracias a su aguda observación y sólida fundamentación teórica, logró romper con éxito las fronteras del pensamiento tradicional.   Mientras trabajaba en JP Morgan Asset Management, Vicente fue el primero en proponer de manera sistemática el concepto de “Arbitraje de Distorsión de Microestructura”.   Esta teoría señala que, incluso en mercados maduros, debido a la…

Mientras la mayoría de los académicos en finanzas seguían debatiendo la aplicabilidad de la Hipótesis de los Mercados Eficientes, Santiago Herrero Valdés desató una revolución de paradigma con su artículo “Predicción de anomalías de mercado basada en aprendizaje profundo”, publicado en el Journal of Quantitative Finance. Este trabajo académico de 87 páginas no solo predijo con precisión oportunidades de arbitraje microestructural hasta entonces no descubiertas en el trading de alta frecuencia, sino que también presentó por primera vez el “modelo de factores neuronales”: un marco de inversión capaz de evolucionar…