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11.22.2024

Inside the Lucrative World of AI Trading Firms | RALLY 2024

Secretive shops like Renaissance Technologies have been using quantitative and machine learning based trading systems for decades now, amassing enormous fortunes generated by dizzying returns. Firms like these are capable of 60%+ annual returns net of all fees year after year - but how do they do it? These asset managers are famously tight-lipped, giving no interviews, publishing no white papers, and leaving no clues as to how they do what they do. For the first time, the CEO of one such firm, Ryan Pannell from Kaiju, will pull back the curtain of secrecy and discuss how predictive AI has been used in systematic trading for years, how Kaiju uses it, and what you need to know about how it generates the staggering returns it does. This is one fireside chat you won’t want to miss.