Do hedge funds use Quantopian / Zipline for production research?

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Do hedge funds use Quantopian / Zipline for production research?

posted Jan 2, 2019

Contest Hedge Fund

I personally think Quantopian / Zipline provide ample feature as a research platform, as I find it incomparably better than other open source efforts, and for an individual like myself, I did not yet find any better option.

On the other hand, I wonder if this platform is indeed good enough to be used for the production investment purpose.

One reason I am asking this is, because I would like to know if devoting hundreds of hours of my time is worth of my effort in a sense that the platform generates meaning result capable of generating profit in production (I know Q connects the investors to the well performing algorithms in the contests but I do not know for hour good chance, how many ideas are getting picked by funds through this channel).

Another reason is, out of curiosity I wonder if the institutions have access to indeed superior sets of resources.

Any comment would be appreciated, happy new year!

1 response

Quantopian and their investors have an investment vehicle, a private equity hedge fund that is actively trading a portfolio of algorithmic systems that was community crowd-sourced from the contest and/or by submissions of backtests by authors. So the answer to your top question is a YES.

I do agree that Quantopian is one of the better research open sourced platform for algorithmic systems, although like all others it has it limitations and there's room for further improvements. Kudos to the Q team for engineering such an open research platform that embraces both the educational and practical implementation aspects of financial trading. From a novice to advanced practitioners, learning is endless!

Happy New Year!

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The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by Quantopian.

In addition, the material offers no opinion with respect to the suitability of any security or specific investment. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of Quantopian nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. If you are an individual retirement or other investor, contact your financial advisor or other fiduciary unrelated to Quantopian about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. All investments involve risk, including loss of principal. Quantopian makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances.