Quantopian Hires New Head of Trading

Jul 21 2016 | 3:13pm ET

Quantopian, a free online platform where more than 85,000 members from 180 countries can create institutional-quality investment algorithms, announced that it has hired Dragan Skoko as its head of trading.

Skoko will lead Quantopian’s trading activities as the company implements and manages investment algorithms created by its community members, according to the company.

Skoko most recently served as head of trading with Batterymarch Financial Management, overseeing various aspects of portfolio implementation. In that role, he managed traders, middle office and information technology staff.

"The execution stage of the investment process is where theory and research intersect with reality," Jonathan Larkin, Quantopian's chief investment officer said in a statement. "For an investment firm to succeed at scale, it is essential to excel at this stage. I'm pleased to have Dragan lead trading for Quantopian.

Quantopian gives anyone the ability to create and test investment algorithms. Each algorithm on the platform is reviewed and then allocations are selected based on return, risk, style, capacity and interaction effects. The authors of the selected algorithms receive a share of the profits generated from their investment strategies.

Boston-based Quantopian is a crowd-sourced quantitative investment firm that provides capital, data, and infrastructure to algorithm authors (quants). Quantopian offers license agreements for algorithms that fit its investment strategy, and the licensing authors are paid based on their strategy’s individual performance. 


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