Buy-side quant says Brexit a ‘test’ of new AI

Natural language processing can give “more insight” into possible market shudders, says Simonian

brexit-uk-eu-flags-tarnished-web

The UK’s planned exit from the European Union could be a rare chance for quants to test how their machine learning models react to one-off political events.

Quants have traditionally been wary of trading around volatile, paradigm-shifting events that have few historical parallels. During the French elections last year, uncertainty over a possible victory for nationalist politician Marine Le Pen bamboozled so many quant models that some managers chose to turn them off completely.

But for the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: