Produce a research paper for the topic and guide below;
Entrepreneurship – Setting up of a new Quantitative Finance Firm
Context: Consider this project as a mini-business plan for which you can someday implement it with your fellow team members This is a completely open-ended project in the true spirit of the term and students are encouraged to think independently on how best to set up a new business in this industry. This project aims to:
o Analyze the current state of the quantitative finance industry in both developed and emerging markets, to identify areas of opportunity.
o Identify and assess the legal/regulatory issues associated with Quant trading/Quant Firms in the region/country of choice.
o Identify the target market, seek source of venture capital, determine systems to trade, detail the business plan, etc.
Scope of Research Project ;
o Complete and clear description of market driver.
o Identifying market demand and opportunities.
o Perform a stringent competitive analysis to identify nearest competitors and entry hurdles.
o Delineate how the new firm would set itself apart from the crowd and lure seed investments.
o Identify the trading models to implement for that market in the context of existing laws and regulatory requirements.
o Explain how ethics would be embedded in the core values of the company.
o Detail the proposed structure of the venture (LLP/LLC/Company etc.), expected running costs, etc. o Devise ways of marketing the benefits of quantitative finance investing to Greenfield investors.