Two decades in the market.
Now spent teaching the method.
GreyBoxQuant isn’t a content brand built by marketers. It’s built by someone who has traded, researched and run desks through more than one full market cycle.
Vishal Dalvi
Vishal started out as a software engineer at Infosys before moving into the markets full time — a background that still shows in how GreyBoxQuant is built: rules first, code second, opinions last.
He went on to become Head of Research at Commtrendz Risk Management Services, running trading and advisory across commodities and currencies, and worked in Anand Rathi’s commodities and FOREX advisory desk. He then founded WavesResearch, an independent research house covering equities, commodities, currencies and global markets, serving institutions, brokers and individual traders.
Today he runs a proprietary algo trading desk in partnership with Amal Parikh at OHM Stock Broker — and built GreyBoxQuant to teach what usually stays inside those desks.
The path here
Sell-side research, independent analysis, then systematic execution.
Method & platform
How he works now
- Systematic, rule-based strategies
- Quantitative research and backtesting
- Algorithmic execution — a live prop desk
- Risk and position sizing decided by rules, not by feel
- Indian equities and index derivatives
Media & teaching — earlier years
- Appeared regularly on CNBC Awaaz for commodities and currency commentary
- Presented currency forecasts on Dukascopy TV
- Guest lectures and seminars at MBA and finance colleges
“Markets reward those who combine deep understanding with systematic execution.”
— Vishal Dalvi