Biography
ExodusPoint Capital Management
Quantitative Portfolio Management: From Model to Market
Dr. Val Prasad is the Head of Execution Research at ExodusPoint Capital Management. He is responsible for the research and development of algorithmic execution models, the implementation of trade execution strategies, and the evaluation and optimization of transaction costs. Dr. Prasad has over 12 years of quantitative trading and modeling experience, having worked at Schonfeld Strategic Advisors, LLC., Prediction Company, WorldQuant, LLC., and Credit Suisse Securities. He has designed, built, traded and managed all aspects of automated trading systems. The strategies he contributed to and developed on his own maintained a return-to-risk (Sharpe) ratio above 2 at an individual country level. Dr. Prasad also made significant advancements to the suite of execution algorithms at Credit Suisse. In addition, he has built out a research and forecasting framework, which enables researchers to develop new trading algorithms collaboratively and efficiently. Dr. Prasad has discussed his research and products in conferences and client forums.
Dr. Prasad graduated magna cum laude with a B.A. in Physics from Cornell University and a Ph.D. from the University of Chicago. He has published over 40 papers in refereed scientific journals and has won several international awards for his work. Dr. Prasad was also a member of the Supernova Cosmology Project, which was awarded the Nobel Prize in Physics in 2011.