Light Water Capital

The Dispatch

Notes on the strategies we're working on, markets we're watching, and what's happening inside the firm.

Engineering 8 min read
Why we open-sourced our trading backtester

From internal research tool to open-source project - the story behind July, our professional-grade Python backtesting engine.

Zach Smith
Firm News
Welcoming our Spring 2026 quant strategy interns

Chang Liu and Alice Li join our Quantitative Research group this spring.

Light Water Capital