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How small backtests deceive traders: The Law of Large Numbers

The Law of Large Numbers shows why small backtests deceive traders. Short-term results are unreliable due to noise, and extensive testing is essential.

Written by
Tsvetomir Novak
2/15/2026
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What Quant Finance Really Looks Like

Sumit Sourabh, Director and xVA Quant Trader at ING, broke down what quant finance really looks like, from daily realities and career paths to hiring advice, at AQS's recent event.

Written by
Zoya Gorokhova
2/16/2026