College Kids Are Now High Frequency Trading From Dorm Rooms

University student Spencer Singleton is among a growing band of amateurs turning to computer-driven automated stock trading—until now the preserve of hedge funds and mega brokers—and says he’s beating the market. Texas-based Singleton won a contest last July run by an algorithmic investing website to write trading programs. The site, Quantopian, gave him $100,000 to put his model into action for six months and told him to keep any profits. (Fortune)

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