• iTunes
  • Twitter
  • Facebook
  • Google+
  • Instagram
  • Youtube
  • Email
  • Home
  • Courses
  • eBooks
  • Library
  • ET Club
  • BST LIVE
  • Leasing
  • About
Better System Trader

Better System Trader

Better System Trader is the podcast and blog dedicated to systematic traders, providing practical tips from trading experts around the world.

047 – Backtesting & Execution – Nitesh Khandelwal

http://traffic.libsyn.com/bettersystemtrader/BetterSystemTrader-Ep47-NiteshKhandelwal.mp3
Play in New Window|Download

Backtesting and execution are such key parts of algorithmic trading so choosing the wrong platform can have a huge impact on our trading.

There are loads of trading platforms available and a lot of considerations which need to be made when choosing one that suits our needs, so in this episode we’ll be discussing backtesting and execution platforms with Nitesh Khandelwal, department head at QuantInsti who also co-founded iRageCapital and iRage Global Advisory Services.

After our chat on algorithmic trading platforms we also cover statistical arbitrage, high frequency trading and some interesting audience questions, so listen out for those.

Trading is not just buying and selling – Nitesh Khandelwal

Click To Tweet

Sponsor

Topics discussed

  • The 3 key components to an algorithmic trading platform and the basic questions you need to answer before choosing a trading platform
  • Why backtesting and execution platforms should be separate
  • Choosing a programming language and why python has become a popular choice in trading
  • The benefits and drawbacks of using python in trading
  • Statistical Arbitrage, how it came about and the benefits of the approach
  • The primary risks of statistical arbitrage, especially during times of market stress and how they can be reduced
  • The most important factor in stat arb trading
  • Common mistakes traders make when building statistical arbitrage models

Resources mentioned in this episode

  • To learn more about Quantinsti, checkout quantinsti.com
  • Books mentioned in the show:

Quotes

Don’t underweigh the qualitative aspects of pair selection

Click To Tweet

To minimize the variance of returns you need to cover multiple trading paradigms

Click To Tweet

Some volatility is good but high volatile is probably not a good idea

Click To Tweet

Transcript

Got A Question, Topic or Guest you want to see on the Podcast?

Do you have a specific question, topic or guest you’d like to see on a future podcast episode?

Click here and submit your suggestion for a chance to have it featured on an upcoming podcast episode.

Subscribe to Better System Trader and never miss another episode!

subscribe-with-itunes-button stitcher soundcloud android

Please support the podcast by giving an honest Rating/Review for the show on iTunes!

Episode Released:

17 April 2016

  • facebook
  • linkedin
  • twitter
  • google+
  • pinterest
  • stumbleupon
046 - Strategy Development with ...
048 - Indicators, DSP & Cycles w...

Related Posts

  • 077 – Choosing the right type of exit
  • 006 – Trading System Development – Dr Howard Bandy
  • 129 – Does it actually make sense to ALWAYS use a stop loss?
  • Stitching data for a more ‘balanced’ backtest
  • 018 – Gap Trading – Scott ‘The Gap Guy’ Andrews

Comments

  1. Django

    April 19, 2016 at 3:00 pm

    Thanks for asking my question, i am not looking for a job lol , our firm runs a trade desk & deciding between candidate A or B is really a challenging hurdle so i wanted to ask Nitesh’s viewpoint on this topic , although we usually side with candidate A with real $ trackrecord.

    • Andrew Swanscott

      April 19, 2016 at 3:03 pm

      Hahaha, thanks for submitting the question Nikhil, good to hear you’re not looking for a job! 🙂

      Andrew.

Trackbacks

  1. Quantocracy's Daily Wrap for 04/17/2016 | Quantocracy says:
    April 18, 2016 at 3:16 pm

    […] Interview with Nitesh Khandelwal of @QuantInsti [Better System Trader] Backtesting and execution are such key parts of algorithmic trading so choosing the wrong platform can have a huge impact on our trading. There are loads of trading platforms available and a lot of considerations which need to be made when choosing one that suits our needs, so in this episode well be discussing backtesting and execution platforms with Nitesh Khandelwal, department head at […]

  2. Nitesh Khandelwal at Better System Trader - Backtesting Platforms, Statistical Arbitrage and HFT says:
    April 21, 2016 at 7:07 pm

    […] Listen to the Interview Podcast Here! […]

Want to build robust trading strategies that actually work in live trading?

Click for more details

What pro traders are saying about BST

"If I had to listen to one trading podcast only, it would be Better System Trader. I am always learning new things and getting research ideas from Andrew’s guests."

Cesar Alvarez alvarezquanttrading.com

"Knowledgeable and credible guests talk about useful topics in an interesting and engaging discussion. What's not to like?"

Robert Carver systematicmoney.org

"Andrew has interviewed some great people and I have picked up some useful new insights. His integrity, trading knowledge, light-hearted attitude, curiosity and enthusiasm shine through and enhance each of his podcasts. Given the quality of the information and the price (free!) any serious trader would have to be a fool to not take advantage. Keep it up my friend."

Bob Pardo pardocapital.com

"Being a trader himself, Andrew drives insightful conversations that uncover gems of practical knowledge that can improve your trading today"

Kris Longmore robotwealth.net

"Andrew is a master at asking difficult and relevant questions."

Perry Kaufman perrykaufman.com

"BetterSystemTrader is an amazing resource of valuable information, Andrew is always able to ask the right question at the right time to deliver the best content possible, a must listen for anybody interested in trading!"

Andrea Unger skilledacademy.com

"If you have been looking for that little extra nugget to transform your trading, you will find it at Better System Trader."

Laurent Bernut alphasecurecapital.com

"I really enjoy listening to the Better System Trader podcasts. Even though I am in the industry for over 15 years, there is always something new to learn from these. Thank you!"

Martin Lembak striker.com

"Better System Trader is an invaluable resource that I've gleaned tremendous amounts of information from over the years. I wouldn't be the trader I am today without having found this resource. Please keep up the great work."

David Bergstrom buildalpha.com

"I get some of my best ideas from listening to other market participants and Better System Trader is a great resource of conversations with trading professionals."

Michael Cook thetradingmasterclass.com

"Andrew seems to have a knack for getting the world's most famous traders to share valuable insights about how they trade for the benefit of the trading community."

Andrew Gibbs halifaxonline.co.nz

"What really makes the BST podcast stand out is that Andrew is also an experienced trader and can therefore provide incomparable quality and depth in any interview. Thank you for endless inspiration."

Tomas Nesnidal systemsontheroad.com

"The key to better system trading is information.  As a system trader himself, Andrew has unique capability of asking insightful questions that extract the skills of each guest."

John Ehlers www.mesasoftware.com

"Andrew loves traders and draws the most informative and engaging responses out of them."

Art Collins artcollinstrading.com

"Professional, to the point and relevant content. Better System Trader should be followed by anyone with an interest in our field."

Andreas Clenow followingthetrend.com

"The Better System Trader podcasts have become an invaluable resource... There's no other podcast around that covers the subject in so much breadth and depth."

Alan Clement helixtrader.com

"The right questions to the right people at the right time."

Nick Radge thechartist.com.au

Trading stocks, options, futures and forex involves significant risk of loss and is not suitable for everyone. Past performance is not necessarily indicative of future results.

© 2015 Better System Trader · Disclaimer & Terms · Privacy Policy · Sponsor