Presented By O'Reilly and Cloudera
Make Data Work
September 25–26, 2017: Training
September 26–28, 2017: Tutorials & Conference
New York, NY

Big data analysis of futures trades

Tobi Bosede (Johns Hopkins)
2:55pm3:35pm Wednesday, September 27, 2017
Data science & advanced analytics, Strata Business Summit
Location: 1A 18 Level: Intermediate
Secondary topics:  Financial services

Who is this presentation for?

  • Data scientists and engineers and machine learning engineers and scientists

Prerequisite knowledge

  • An intermediate knowledge of statistics and programming

What you'll learn

  • Learn why Apache Spark is an efficient way to process large datasets, how spline regression can be used to predict trade volume, and the relationship between trade volume and price volatility

Description

Whether an entity seeks to create trading algorithms or mitigate risk, predicting trade volume is an important task, but one that comes with a number challenges—one of which is the sheer size of the data. Still, companies seek meaningful insight that can be used to forecast price volatility using trade volume and understand whether trade volume versus price volatility relationships support the theories of market agents such as speculators and hedgers. Focusing on futures trading that relies on Apache Spark for processing the large amount data, Tobi Bosede considers the use of penalized regression splines for trade volume prediction and the relationship between price volatility and trade volume.

Photo of Tobi Bosede

Tobi Bosede

Johns Hopkins

Tobi Bosede is a machine learning engineer at Johns Hopkins University. Previously, she was a reviewer for Bayesian Methods for Hackers and taught R programming at Johns Hopkins University and Python programming for General Assembly. Tobi’s professional work spans multiple industries, from telecom at Sprint to finance at JPMorgan. She holds a bachelor’s degree in mathematics from the University of Pennsylvania and a master’s in applied mathematics and statistics from Johns Hopkins University.

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Picture of Tobi Bosede
Tobi Bosede | MACHINE LEARNING ENGINEER
08/03/2017 6:27pm EDT

Please ask any questions in advance of the talk here and I will try to answer them. I welcome feedback after the talk here as well!