Quantitative trading is the usage of mathematical models or algorithms to create trading strategies and trade them. Quant trading is usually employed by large institutional traders or hedge funds who employ large teams of PhDs and engineers. Historically the quantitative trading field has been very secretive and ideas which work tend to be guarded very closely by the firms but in the last few years the growth of openly available datasets and access to compute i.e ( in the form of GPUs and cloud) has made quant trading accessible to a larger audience. Each of the above steps involve lot of research and trial and error to get right. Quant trading is a complex field and requires careful and detailed study to be successful. The following are 10 such books which can help one get started on their Quant journey.

On Thursday, Udacity announced a new AI-based Nanodegree. Developed in partnership with WorldQuant, an international asset management firm, "Artificial Intelligence for Trading" will help learners bring machine learning to financial trading. Until recently, most banks have relied on historical data to map out future market trends. Computer modeling and machine learning algorithms, however, allow analysts to test millions of different scenarios to determine which will lead to the best outcomes. The course comprises of two three-month terms.

Hedge funds have been trying to teach computers to think like traders for years. Now, after many false dawns, an artificial intelligence technology called deep learning that loosely mimics the neurons in our brains is holding out promise for firms. WorldQuant is using it for small-scale trading, said a person with knowledge of the firm. Man AHL may soon begin betting with it too. Winton and Two Sigma are also getting into the brain game.

Hedge funds have been trying to teach computers to think like traders for years. Now, after many false dawns, an artificial intelligence technology called deep learning that loosely mimics the neurons in our brains is holding out promise for firms. WorldQuant is using it for small-scale trading, said a person with knowledge of the firm. Man AHL may soon begin betting with it too. Winton and Two Sigma are also getting into the brain game.