btw.. die shorter MIM, op hun site gaat het de hele tijd over 'trading'...
Ik denk dat je niet verder moet zoeken achter de algoritmes...
"We empower our trading teams to independently focus on the specific opportunities and strategies in which they specialize, subject to our overall risk management, compliance, operational controls, and hedging of aggregate exposures where appropriate.
Our approach to the selection and oversight of trading teams is grounded in a philosophy of consistently seeking to generate incremental, positive returns against a limited amount of risk exposure (i.e., high Sharpe ratio), rather than outsized, but more volatile absolute returns.
We prefer trading teams that produce small gains on winning days and smaller losses on losing days. Our goal is to have more winning days than losing ones. We encourage our trading teams to pass on opportunities for outsized gains if they are accompanied by the risk of large losses.
In an effort to ensure that this philosophy is implemented in a consistent, disciplined manner, we calculate and set investment guidelines with each trading team."