Algo developer fees and royalties

ajmyers

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Hi

Does anyone know what hedge funds/trading firms are paying their (or independent) algo developers for the use of successful automated algos?

I would be interested in seeing some sort of industry comparison amongst firms for some research I'm doing. My understanding is that there is a standard known in the industry based on a fee and royalty (the fee sometimes referred to as an acquisition fee) but I can't find the numbers.

Thnx

Jon
 
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