Michel Kurek

From public funding of R&D to private ventures in the field of quantum technologies

Given the opportunities and threats created by quantum technologies, significant investments have been made over the past 5 to 10 years, in both the public and private sectors.

Several governments have launched large multi-year programs with funding in excess of US $ 1 billion. In the private sector, multiple venture capital funding operations have been carried out. At the same time, many large multinational companies already working in the telecommunications, IT or sensor markets are… Voir plus

Given the opportunities and threats created by quantum technologies, significant investments have been made over the past 5 to 10 years, in both the public and private sectors.

Several governments have launched large multi-year programs with funding in excess of US $ 1 billion. In the private sector, multiple venture capital funding operations have been carried out. At the same time, many large multinational companies already working in the telecommunications, IT or sensor markets are recognizing the potential of quantum technologies and investing in their development and commercialization.

Through the analysis of tens of thousands of patents and scientific publications, and research on public and private funding of research and startups, I give an original and up-to-date analysis of the sector that, no doubt, will be closely examined by stakeholders in the emerging quantum ecosystem. Voir moins

L’analyse du paysage des brevets et publications scientifiques est un moyen solide d’évaluer le potentiel économique des nouvelles technologies et de mesurer le niveau de transposition des résultats de ce qui a été jusqu’à présent essentiellement un domaine de recherche, en nouveaux produits, susceptibles de stimuler la croissance économique et contribuer au progrès sociétal.

The sheer number of different algorithms in circulation makes selection, performance measurement, and broker feedback difficult. So how are the buy-side opting the right algos?

Algorithmic trading faces many challenges before it reaches maturity. To declare that the future of algorithmic trading is cross-asset is re-stating a somewhat overused headline. Despite the existence of electronic trading in FX or fixed income, the sell-side business of delivering systematic execution technology and know-how to the buy-side remains a primarily equity phenomenon [...]

Algorithmic trading is widely used by both Sell & Buy-side traders, to divide large orders into several smaller trades to help manage market impact and realize executable Alpha. To answer some of our clients’ questions we compare the market impact in the US vs Europe from a proprietary set of homogeneous algorithmic trades.

Financial markets have recently raised many challenges for both the buyside and sell-side. In the wake of dipping volumes in volatile markets, fewer commissions available, and a mutating environment characterised by market fragmentation and looming regulatory changes, the buyside must reassess their broker relationships and turn to them to find effective methods of trading in these challenging conditions.

Initial link :… Voir plus

Financial markets have recently raised many challenges for both the buyside and sell-side. In the wake of dipping volumes in volatile markets, fewer commissions available, and a mutating environment characterised by market fragmentation and looming regulatory changes, the buyside must reassess their broker relationships and turn to them to find effective methods of trading in these challenging conditions.

Initial link : http://thetradenews.com/magazine/The_TRADE_Magazine/2012/March/Tailored_algos__best_buy-side_allies.aspx Voir moins

Regulatory changes and technological innovation in western countries have increased competition and encouraged the fragmentation of liquidity through the growth of alternative trading venues and off-exchange order books that operate in direct competition with the existing primary exchanges.

Initial link : https://www.ftse.com/Research_and_Publications/Downloads/FTSE_GM_Issue_56.pdf

Finding liquidity in a low-volume/high-volatility and fragmented markets environment remains the number one challenge facing broker's clients and persistently dominates the discussion on the changing market microstructure, whether it is about the transparency of price formation or the value and safety of the dark pools.

How to detect and utilise non-displayed liquidity in an increasingly
complex and fragmented market

This paper describes a real-time 3-D vision system which uses stereo matching of vertical edge segments. The system is designed to permit a mobile robot to avoid obstacles and to position itself within an indoor environment. The system uses real-time edge tracking to lock onto stereo matches. Stereo matching is performed using global version of dynamic programming for matching stereo segments.