Execution Quality
Renaissance improved execution quality by recruiting experienced IBM engineers before expanding its equity division. Execution is the process that converts model predictions into market orders. A strong predictive model cannot generate ret…
1 sources - 5 claims
Renaissance improved execution quality by recruiting experienced IBM engineers before expanding its equity division. Execution is the process that converts model predictions into market orders. A strong predictive model cannot generate returns without excellent trade execution. Below-par execution can erase a trading edge and destroy returns. Poor execution software weakened an otherwise strong equity system.