Product
We started a film channel: Base Rate
Stories about science, uncertainty and markets, on their own channel and openly made by us.
Markets, rules and risk
Films
45 Minutes to Lose $460 Million
Knight Capital, August 1, 2012: one server out of eight missed a deploy, and old code started trading.
Latest
Guides
How to test a trading rule before you trust it
Write the rule down, backtest it with fees, run it on paper, then go live small. Four steps, and what each one can and can't tell you.
Films
The Planet That Refused to Follow the Rules
Kepler, the orbit of Mars and why a beautiful backtest can fall apart.
Films from Base Rate
Watch on YouTube Films
45 Minutes to Lose $460 Million
Knight Capital, August 1, 2012: one server out of eight missed a deploy, and old code started trading.
Films
The Planet That Refused to Follow the Rules
Kepler, the orbit of Mars and why a beautiful backtest can fall apart.