Me and my spouse are interested in algorithmic trading and would like to play with our own strategy (basically just machine learning coding, fun!) But my spouse is planning to move from small company to Bloomberg, and we know there’s trading restriction like sell after 30-days. But any restriction on algorithmic trading? Can Bloomberg employees have their own strategy and can we use the data from BBG terminal? Thank you.
If you are on a Visa, forget algorithmic trading
We have the 30-day restriction. Every asset must be held for at least 30 days, unless it managed externally (e.g. within an ETF or mutual fund). We don't need to preclear asset purchases.
Forex is exempt from that restriction if it makes a difference. If not, then my advice is just do virtual trading in demo environments to vet your strategy. It'll take you years to come up with a good strategy and if it's good enough you'll be willing to quit to try it.
No preclear but you can't sell anything for a gain in under 30 days. No trading derivatives of any kind either
You can trade crypto. No bs company restrictions there
Tech Industry
Yesterday
676
Do I have the dream job?
Software Engineering Career
Yesterday
3758
28 terrorist worshipping idiots just got themselves fired and I've never been prouder to work at Google.
Tech Industry
10h
1896
Go woke, go broke: Google fires 28 employees involved in pro-Hamas protest
Health & Wellness
5h
2890
Why are women naked in gym?
Cars
Yesterday
1322
Why are Americans obsessed with SUV?
Thanks! Also curious if Citadel employees have restriction on trading?
A Major one.