What happened Quantopian website?
Quantopian announced that it is shutting down its community platform. Quantopian returned money to investors earlier this year after its investment strategy underperformed. It shut down paper trading in 2019 (having already ended live trading in 2017), then terminated its daily contests in May of this year.
Why is Quantopian closing down?
Quantopian announced late last month that effective Nov. 14, it would shut down its community platform on which amateur investors could create investment algorithms that the company could license to use in a fund of its own.
Is Quantopian dead?
Following the untimely death of Quantopian, some quants are feeling a little bereft. Despite its swift resurrection as part of Robinhood, the Quantopian community is being ‘retired’ and previous backtests are disappearing from the November 14.
Is Quantopian still available?
Is Quantopian’s original public facing product still available? Absolutely! The Quantopian Community product continues to be available to anyone in the world and improves every day.
Why did Quantopian shut down its community platform?
Quantopian announced that it is shutting down its community platform. This doesn’t entirely come as a surprise. Quantopian returned money to investors earlier this year after its investment strategy underperformed. It shut down paper trading in 2019 (having already ended live trading in 2017), then terminated its daily contests in May of this year.
Is there an online community for Quantopian algorithms?
Quantopian is a free online platform and community for education and creation of investment algorithms. Quantopian offers access to deep financial data, powerful research capabilities, university-level education tools, a backtester, and a daily contest with real money prizes.
Why do you need to use Quantopian for trading?
The basic idea of Quantopian is to let anyone who knows how to code in Python to write their own trading algorithm: Quantopian provides free education, data, and tools so anyone can pursue quantitative finance. Select members license their algorithms and share in the profits.
Who is the Chief Executive Officer of Quantopian?
In July 2016, Steven A. Cohen, chief executive officer of Point72 Asset Management, announced his firm will put up to $250M under the direction of algorithms managed by Quantopian and make an investment in Quantopian itself. The company has funded individual algorithms with as much as $50,000,000.