Welcome to DataFramed, a weekly podcast exploring how artificial intelligence and data are changing the world around us. On this show, we invite data & AI leaders at the forefront of the data revolution to share their insights and experiences into how they lead the charge in this era of AI. Whether you're a beginner looking to gain insights into a career in data & AI, a practitioner needing to stay up-to-date on the latest tools and trends, or a leader looking to transform how your organization uses data & AI, there's something here for everyone. Join co-hosts Adel Nehme and Richie Cotton as they delve into the stories and ideas that are shaping the future of data. Subscribe to the show and tune in to the latest episode on the feed below.
https://www.datacamp.com/podcast
#175 Inside Algorithmic Trading with Anthony Markham, Vice President, Quantitative Developer at Deutsche Bank
In January 2024, six activists were identified by British Police in London, suspected of planning to disrupt the London Stock Exchange through a lock-in. In an attempt to prevent the building from opening for trading. Despite the foiled attempt, the strategy for this protest was inherently flawed. Trading no longer requires a busy exchange with raucous shouting and phone calls to facilitate the flow of investment around the world. Nowadays, machines can trade at a fraction of a second, ingesting huge amounts of real-time data to execute finely tuned-trading strategies. But who programs these trading machines, how do we assess risk when trading at such a high volume and in such short periods of time?
Anthony Markham is Vice President, Quantitative Developer at Deutsche Bank. With a background in Aerospace and Software Engineering, Anthony has experience in Data Science, facial recognition research, tertiary education, and Quantitative Finance, developing mostly in Python, Julia, and C++. When not working, Anthony enjoys working on personal projects, flying aircraft, and playing sports.
In the episode, Richie and Anthony cover what algorithmic trading is, the use of machine learning techniques in trading strategies, the challenges of handling large datasets with low latency, risk management in algorithmic trading, data analysis techniques for handling time series data, the challenges of deep neural networks in trading, the diverse roles and skills of those who work in algorithmic trading and much more.
Links Mentioned in the Show:
- Flash crash of 2010
- KDB+
- Q Query Language
- [Course] Quantitative Risk Management in Python
- Understanding Value at Risk (VaR)