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Away from Wall St, DIY quants changing financial markets

Published Sun, Mar 20, 2016 · 09:50 PM

Washington

IN THE high desert plain of New Mexico, Roger Hunter monitors automated trades on hog futures and currency pairs. Four computer screens display a dizzying array of price charts and program codes in the office of his single-storey, thatched adobe home in the town of Las Cruces. Out back, where scrub brush stretches into the arid plain between the nearby mountains and the Rio Grande, is a 50-foot-tall (15.2m) wireless Internet tower.

As chief technology officer of a two-man startup called QTS Capital Management, the 66-year-old former math professor turned DIY quant had just pulled an all-nighter fixing a systems glitch.

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