QSG to Integrate Pre-Trade Market Impact Forecast into Leading Optimization and Simulation Providers.NAPERVILLE, Ill. -- The Quantitative Services Group (QSG QSG Quick Start Guide (reference manual) QSG Quality Support Group QSG Quick Study Guide (aviation) QSG Quantum Singularity Generator (game) QSG Quantitative Sciences Group ) announced today a plan to provide a new, more accurate market impact cost forecasts to several leading portfolio optimization and trading platforms. The firm stated that it will be providing a unique strategy relative solution for each stock, portfolio, or basket to leading optimization providers, including Axioma Inc. In addition, QSG stated it will also be providing a historical and on-going record of its pre-trade forecasts to ClariFI's(TM) ModelStation(TM) platform to facilitate robust strategy back-testing and portfolio simulations. "With these advanced optimization and simulation techniques speeding the velocity of today's equity markets, we knew our pre-trade research needed to go beyond simple average bid-offer spread
The bid/offer spread (also known as bid/ask spread) for assets (such as stock, futures contracts, options, currency pair) is the difference between the price available for an immediate sale or price variance The materials price variance (Vmp) is computed as follows: Vmp = (Actual Unit Cost - Standard Unit Cost) * Actual Quantity Purchased or Vmp = (Actual Quantity Purchased * Actual Unit Cost) - (Actual Quantity Purchased * Standard Unit Cost). techniques," stated Tim Sargent, CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. , President of QSG. "Our methodology incorporates empirical measures that reflect the daily tick-to-tick changes in a stock price and volume profile and go beyond the simplistic sim·plism n. The tendency to oversimplify an issue or a problem by ignoring complexities or complications. [French simplisme, from simple, simple, from Old French; see simple piece-wise forecasts." "The combination of QSG's Pre-Trade Analyst(R) and T-Cost Pro(R) post-trade analysis service allows our research group to work with each client and systematically refine the client's pre-trade accuracy by providing a dynamic feedback loop," added John Wightkin, CFA, Managing Partner. "Ultimately, we can fine-tune the investment decision to the Portfolio Manager's investment style and stock selection process, including algorithmic trading Algorithmic Trading A trading system that utilizes very advanced mathematical models for making transaction decisions in the financial markets. The strict rules built into the model attempt to determine the optimal time for an order to be placed that will cause the least amount of ." QSG is an independently owned consulting firm and a leading provider of sophisticated equity analytics. QSG's products include T-cost Pro(R) and T-cost Analyst(R) trading services, Factor Analyst(R), Virtual Research Analyst(R), as well as Quant Quant A person with numerical and computer skills who carries out quantitative analyses of companies. quant A person who has strong skills in mathematics, engineering, or computer science, and who applies those skills to the securities Manager Sentinel(R). The details of QSG's client relationships are kept strictly confidential. QSG maintains an independent ownership structure to avoid conflicts of interest and limits access to many of its most desirable product offerings. For more information, visit http://www.qsg.com |
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