The Age of the Commodity Quants: From Handshakes to Hard Data
For decades, commodity trading was a relationship business. Success depended on "who you knew": a network of contacts whispering exclusive information about crop yields or shipping delays. But today, the industry is undergoing a radical paradigm shift. As data becomes universal and technology cheaper, the edge has moved from your amount of contacts to the performance of your algorithms. This is the first post of a series about how data science and quantitative strategies are revolutionizing...