Leinweber heads the Computational Research Division's Center for Innovative Financial Technology, created to help build a bridge between the computational science and financial markets communities. Leinweber, author of "Nerds on Wall Street: Math, Machines and Wired Markets" (Wiley 2009) was a Haas Fellow in Finance at the University of California, Berkeley from 2008-10. His professional interests focus on how modern information technologies are best applied in trading and investing. As the founder of two financial technology companies, and a quantitative investment manager he is an active participant in today's transformation of markets. He earned his Ph.D. in applied mathematics from Harvard University.
Other personal accomplishments include a stint at the RAND Corporation where he directed research on real-time applications of artificial intelligence that led to the founding of Integrated Analytics Corporation. IAC was acquired by the Investment Technology Group, and, with the addition of electronic order execution, its product became QuantEx, an electronic execution system used for millions of institutional equity transactions daily.
Prior to coming to the Berkeley Lab Leinweber also served as Managing Director at First Quadrant, where he was responsible for institutional quantitative global equity portfolios totaling $6 billion. These long and market neutral strategies utilized a wide range of computerized techniques for stock selection and efficient trading. Quantitative investing is driven by electronic information, and the Internet dramatically transformed the financial information landscape.
This led to the founding of Codexa Corporation, a Net based information collection, aggregation and filtering service for institutional investors and traders. The company's clients included many of the world's largest brokerage and investment firms. As a visiting faculty member at Caltech, Leinweber worked on practical applications of ideas at the juncture of technology and finance. Over the years, Leinweber has advanced the state of the art in the application of information technology in both the sell-side world of trading and the buy-side world of quantitative investment. He's published and spoken widely in both fields. He's gone five rounds against the Wall Street Journal dartboard. He is an advisor to investment firms, stock exchanges, brokerages, and technology firms in areas related to financial markets , and a frequent speaker and author on these subjects, including a recent Google Tech Talk. Leinweber graduated from MIT, in physics and computer science where he was one of the first 5000 people on the Internet. That was when it was called the ARPAnet and wasn't cool. He also has a Ph.D. in Applied Mathematics from Harvard.