Transcript intro QuantSpring2012.ppt

Quant Group 1
Brandon Ngiam
My Background
• Computational Finance
• Have experience with a personal brokerage
account
• Interned at a prop shop dealing with Futures
and Options last summer
Goals of my project
• 1) Learn about markets through the lenses of
trading/ Shaping an opinion about the market
• 2) Derivatives pricing
• 3) Back-testing
Basics
• Basics of trading
- Price action; Bid – Ask; Market Depth
• Products + Players
• Different approaches to trading
– Fundamental; Technical; Quantitative; Hybrid
Market knowledge
• Market Discussion
– Focused on the Euro debt problems
– Taking it a step further
– Important for job interviews (banks)
Derivatives
•
•
•
•
Basics/ General Idea (No arbitrage pricing)
Black – Scholes
Focus on working knowledge; not derivation
Commonly asked during interviews
Back testing
• Deliverable
• Secondary objective (won’t spend much time
on it)
• Readings (Quantitative Trading)
How this will be done
• Weekly/Fortnightly Meetings
• Emails
• Assigned reading/articles
Contact Info
• Email : [email protected]