Ovation researches and develops mathematically driven strategies for trading and investing in a variety of asset classes such as foreign exchange, commodities, and derivatives. While we prefer to focus on liquid securities, we tend to avoid strategies such as equity statistical arbitrage that are crowded with other quantitative traders.
By combining advanced mathematics and a lot of computing power, we are able to analyze large amounts of data quickly to derive trading signals better than human traders are typically able to do. In some cases, we model the behavior of human traders and market makers because it is often human psychology that moves markets. Financial markets and the factors that affect their movement are constantly changing in both structure and behavior, so our models are also continually adaptive. The mathematical underpinnings for the algorithms we develop come from areas as diverse as computational biology, speech recognition and particle physics.
We also develop the proprietary software used to implement aspects of our quantitative trading and investment strategies.