DeepQDigital ยท Notes https://www.deepqdigital.com/blog/ Essays from the DeepQDigital team. en-us Wed, 03 Jun 2026 00:00:00 GMT Why Trading Firms Trade at Such Low Multiples (and Why That's About to Change) https://www.deepqdigital.com/blog/trading-multiples.html trading-multiples Wed, 03 Jun 2026 00:00:00 GMT The market discounts trading earnings on two assumptions about quality and human capital. Both are starting to weaken, and AI is the catalyst. An AI-Native Trading Stack, Built From First Principles https://www.deepqdigital.com/blog/an-ai-native-trading-stack.html an-ai-native-trading-stack Mon, 11 May 2026 00:00:00 GMT Why we left our desks at Deutsche Bank and Bank of America in 2022, and what we built instead. A tour of Prometheus, Metis, Hive, and Pebble.