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Promoting the Development of Programmed Trading Talents to Facilitate the Construction of Financial Laboratories

SOURCE: ZJU CMRC NEWS          DATE: 2017-12-04

      With the rapid development of computer, Internet, big data and artificial intelligence technologies, quantitative transactions, algorithmic trading, programmatic transactions and intelligent transactions are rapidly developing and will gradually replace most of the manual transactions in the near future. Although the procedural transactions in the financial markets of our country started relatively late, they have developed rapidly in recent years. There is a huge market demand for senior personnel in programmed transactions.

      The 2nd Advanced Seminar on China's Financial Programmatic Exchange Teaching, jointly held by the Financial Research Institute of Fudan University and the School of Economics of Sichuan University, was held in Chengdu from December 1-3, 2017. Professor Huang Ying, Director of Zhejiang University Capital Market Research Center, accompanied with center researcher Qian Meifen,  Liu Bo and administrative supervisor Zhang Qiaoli and many ohter professors, student representatives,  leaders of Guoxin Securities, experts from U.S. TradeStation,more than 300 people in total attended the seminar.


      Dr. Wu Liang, Director of Quantitative Transaction Laboratory of Sichuan University and Distinguished Research Associate Professor of Economics, shared the "Quantitative Investment Trend" with participants. He talked about the necessity of setting up a quantitative trading laboratory from the perspective of quantitative trading; as well as the development trend of artificial intelligence, faster allocation of assets, globalization and wider information sources. Professor Zhang Jinqing, executive vice president of Financial Research Institute of Fudan University, shared with participants the risk appetite of non-traditional rational investors, the determination of the most asset portfolio under the new risk appetite, and the investment decision-making analysis of China's financial assets. Professor Chen Xuebin from Fudan University shared his research on options arbitrage and hedging strategies.
       This seminar has been strongly supported by Guoxin Securities and the U.S. TradeStation Program Trading Company. Guoxin Securities Co., Ltd. program trading services team made a special report on how to use object-oriented programming language, programmatic trading platform to achieve multi-portfolio trading strategy . The meeting also invited Han Chen, founder of Hanji Investment, and Han Junjie, founder of Dingyi Capital, to share their actual experiences in strategic trading.


       The center members also used the meeting gap time to visit Quantitative Finance Laboratory of Sichuan University. Mr. Jiang Qiang from Sichuan University Business School and laboratory contractor introduced many technical details to visiting teachers.