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Quant Incubator Program

inCube is the flagship Quant Incubator Program by Decibel Capital. It is first of its kind program aimed to research, backtest and deploy Alpha seeking algorithms in the Indian market space. These will be fully systematic and automated trading strategies that will be traded with LIVE Capital. We will start from scratch and build everything from data pipeline, research environment, backtesting framework, automation and execution. 

The program is expected to run for a minimum period of 6 months, hopefully at the end of which we will have a fully researched and backtested strategy for Live Deployment in the Indian market. 

As part of this program, we will jointly conduct collaborative exercises from fetching and structuring the data, researching patterns, reviewing present or past research on trading effects in the markets, and creating a backtesting environment to search for our Alpha. We will jointly review quant concepts needed to make our research a reality. 

How will this work? What will I need to do?

We will jointly work to perform quant research. This is not a place to perform Technical Analysis on Option Premium charts or to think that Moving Averages or RSI have any predictive power on a stand alone basis. However, this will be a set up in which we will research everything from simple recurring patterns to established quant anomalies in the market. 

You need not have a quant background to be able to participate in this. I will teach/share any quant concepts that you may lack. I will learn anything that you bring to table and I lack. It will be a really collaborative environment. This is going to be a free-form but focused group to achieve our end goal - a deployable Live alpha strategy in market. We will be having a group call at least weekly to discuss ideas/progress and will keep engaged through our networking mediums (Telegram, Discord etc.). There is no preset area of research that we will perform and we will decide on our focus area during our first few interactions based on the set of people that are selected. 

Why should you work with me? 

I am a systematic quantitative trader with my Live algos trading in the market. I started my career as an institutional FX Trader with major Indian banks and subsequently moved to international markets. I hold a Masters in Financial Engineering from an ivy league university - University of California, Berkeley - Haas School of Business. I have been researching and testing quantitative trading edges for several years and now bring this expertise to Indian markets. 

How much is this going to cost? 

There program is aimed to have NO COST whatsoever and is designed to be completely FREE. The aim is to network and work with like minded individuals who are serious about researching and deploying Live Alpha in the markets. I will be sharing my teachings/learnings as part of this program. 

However, there is a Monthly cost of INR 1,000 to participate in the program. This amount is FULLY REFUNDABLE in the following situations: 

  • We work together towards the research and end up developing a deployable strategy

  • We work together and at the end of 6 months there is no deployable strategy built, but not due to lack of commitment and research on your part. At that point, we will reassess should we continue our research or terminate the program. Should you decide to move on, any fee charged will be refunded. 

This Monthly cost is not refundable if: 

  • You are not contributing to the research process on a Monthly basis. It does not matter if we make a breakthrough or not. It matters that we try and progress on a weekly/monthly basis. 

  • You quit the program before 6 months completion

We want to work with a focus and committed group of individuals with a common end goal of developing a trading strategy and thus there is going to be a limit of TWO participants that would be accepted into this pilot run of the program. 

If you have read this far - Congratulations - you might already be amongst the few who that are separate from a large crowd. The aim of this program is quality over quantity.

 

If you are ready, go ahead and fill out the application below. The application aims to filter candidates based on their background. You can always write to us at info@db.capital if you have any special requests/comments.  

We are not accepting applications anymore and the applications are closed. We might open another batch in future. You can follow us on social media (Twitter/Telegram) to keep updated. The links can be found on top/top right of the page. 

Decibel Capital reserves the right to terminate the program at any point. As with anything in trading, there are no guarantees if this program will lead to any results. You should understand that trading consistently and profitably is a tedious task and is full of heart breaks. We hope to tread those waters together through this. 

FAQs

How is this FREE, when you are charging a per month fee?


The program is essentially Free if you put in hard work/research with us. Any fee paid would be refunded at the end of 6 month period, irrespective whether we find a tradeable strategy or not. The conditions of refund are already listed on the main page. It should be noted that there is considerable amount of time and effort on our part to strcuture this and then to teach quant aspects to trading. This refundable token ensures that partipants have a very tiny stake in the progress of the Incubator.




Am I supposed to reveal my trading strategies/ideas during the program?


The aim of program is to have a collaborative effort in building a fully automated trading strategy. While we do not expect you to bring any existing strategies on the table, we do expect you to contribute with your thoughts and suggestions during the research phase. We want to foster a clean and transparent environment amongst the tiny number of people (Two) that join the program. We understand and propgate that trading is inherently difficult and we wouldn't want to leak our alpha to outside world easily. That's one of the motivations to keep the program size to be really small.




What is meant by deployable capital to bring? Is it mandatory to trade with you?


At a given time, we will only research one style/type of Alpha. This is to ensure that our effort is concentrated in developing something that we can all deploy on Live Trading. Different systems may require different amount of capital to trade. Example: Capital requirement for an intraday cash stock system is not same as a positional system on index futures. This question helps us in deciding direction of our research. There is no point in researching for an algo that you can't deploy Live.




What might make a perfect applicant to the inCube?


There is no specific quality we are looking for in an applicant. For the inCube program, we are looking at candidates with history of doing something that can contribute to our research/development process. While you are not expected to have Quant concepts flushed out, we look for participants who have spent some time in researching, testing and trading their own ideas.