Quantiacs
| Company type | Privately held company |
|---|---|
| Founded | 2014 |
| Headquarters | United States |
| Services | Web Platforms |
| Website | www |
Quantiacs is a crowd-sourced quant platform hosting algorithmic trading contests and a marketplace serving investors and quants.
History[edit]
Quantiacs was founded in 2014.[1]
The company has grown from a base of users of 6,500 quants in April 2017[2] to over 10,000 quants in January 2018.[3][4]
Business model[edit]
The company invests some of its own money in the competition winners and aims to become a marketplace for automated trading systems. Quantiacs does not charge management fees to investors and assigns performance fees of 10% of the strategy net new profits to the quants who developed the systems.[5][6][7]
The performance of the algorithms can be controlled on the Quantiacs website as their charts are publicly displayed.[8]
The company focuses on quantitative strategies with long term performance horizons, highly scalable and with multiple years of backtested data.[9] Algorithms are tested for at least 6 months to ensure their statistical robustness before being eligible for trading.[3]
In December 2020 a study has used public data from Quantiacs to show how investors respond to the availability of new predictive signals.[10]
Technology[edit]
Quantiacs provides an open-source backtester and it supported Matlab and Python until 2021.[11][12][13] In 2021 it released a new version of its backtesting engine focused on Python.[14] Users can work online or use a local version of the backtester for own design and testing of systems.[14]
References[edit]
- ^ "Trading places: the rise of the DIY hedge fund". Wired. Retrieved March 8, 2021.
- ^ "The quants take on fintech". Futures. Retrieved March 8, 2021.
- ^ a b "Quantiacs Is A Crowdsourced Solution To The Quant Talent Drought". Benzinga. Retrieved March 8, 2021.
- ^ "AI and Bitcoin Are Driving the Next Big Hedge Fund Wave". Wired. Retrieved March 8, 2021.
- ^ "Investment: Rise of the DIY algo traders". Financial Times. Retrieved March 8, 2021.
- ^ "Crowdsourced hedge funds using 'algo' traders raise more money". Financial Times. Retrieved March 8, 2021.
- ^ "Embracing the future: How algo trading is going to reshape your stock market?". The Economic Times. Retrieved March 8, 2021.
- ^ "Quantiacs is high-stakes fantasy football for quants". TechCrunch. Retrieved March 8, 2021.
- ^ "Coming Soon: The Hedge Fund Quant Marketplace from Quantiacs". Finance Magnates. Retrieved March 8, 2021.
- ^ Guecioueur, Ahmed (11 May 2022). "How do investors learn as data becomes bigger? Evidence from a FinTech platform". SSRN 3708476. Retrieved 25 January 2022.
- ^ "Quantiacs Legacy Code". GitHub. Retrieved March 8, 2021.
- ^ "A Sneak Peek at New Investing Apps". Barron's. Retrieved March 8, 2021.
- ^ "Democratising Algorithmic Trading Through a Cloud Strategy Based on Business Requirements". Intel. Retrieved March 8, 2021.
- ^ a b "Quantiacs GitHub repository". GitHub. Retrieved March 8, 2021.