Anyone considered to set up trading house in China or Vietnam? Which one should be more profitable for quant trading house ?
Not anyone with any significant understanding of international politics, economics, and the long-term security of capital; no.
Changing location might be very good idea. 1) One can avoid cold weather in NY 2) Rent in Vietnam is a lot cheaper than NY 3) One can save lots of tax, hopefully high income tax in NY (state and federal) Tell me other advantage.
What do u mean trading house ? to trade which markets ? China seems to be a lot of hassle to register a company if u plan to trade foreign stocks but have opportunities to incorporate elsewhere - might be different if u are looking for mainland.investors or invest your own mainland parked funds. I noticed Volpunter new handle, pumpadump or whatever is dumping already its crap all over theforum. How long until it gets banned ?