What kind of profits are people making?
The profits that algos are making vary but are also very confidential. CloudQuant doesn't announce that for the public, nor is the name of the algo developer released by CloudQuant. This information is protected by the different legal agreements. 10% from what kind of profit?
Profit is calculated in a formula laid out in the license agreement. It is profit after costs that apply to running the algo (i.e. market data costs, losing trades, system costs etc.)
Keep in mind that the 10% or more is on a strategy that has been funded "at scale." CQ does not want to fund strategies with just a little capital. No, we would rather put a 5-10 million into a trading strategy. That way there is a lot more opportunity for the strategy to make a good return on investment for both the algo creator and for CQ.
@td753764 said: What kind of profits are people making?
The profits that algos are making vary but are also very confidential. CloudQuant doesn't announce that for the public, nor is the name of the algo developer released by CloudQuant. This information is protected by the different legal agreements. 10% from what kind of profit?
Profit is calculated in a formula laid out in the license agreement. It is profit after costs that apply to running the algo (i.e. market data costs, losing trades, system costs etc.)
Keep in mind that the 10% or more is on a strategy that has been funded "at scale." CQ does not want to fund strategies with just a little capital. No, we would rather put a 5-10 million into a trading strategy. That way there is a lot more opportunity for the strategy to make a good return on investment for both the algo creator and for CQ.
Comments
Our goal is to pay at least 10% of the trading profit. It depends on strategy performance and is negotiated with each algo creator.
I See! 10% from what kind of profit? What kind of profits are people making?
What kind of profits are people making?
The profits that algos are making vary but are also very confidential. CloudQuant doesn't announce that for the public, nor is the name of the algo developer released by CloudQuant. This information is protected by the different legal agreements.
10% from what kind of profit?
Profit is calculated in a formula laid out in the license agreement. It is profit after costs that apply to running the algo (i.e. market data costs, losing trades, system costs etc.)
Keep in mind that the 10% or more is on a strategy that has been funded "at scale." CQ does not want to fund strategies with just a little capital. No, we would rather put a 5-10 million into a trading strategy. That way there is a lot more opportunity for the strategy to make a good return on investment for both the algo creator and for CQ.
Thanks!