Fogel also led the development of evolutionary systematic market trading algorithms that were the foundation of Natural Selection Financial, Inc. (NSFIN), a registered investment advisor company, formed in 2006. NSFIN's intellectual property was acquired in 2008 by a hedge fund group.
Fogel also directed the creation of evolutionary systematic market trading algorithms that formed the basis of Natural Selection Financial, Inc. (NSFIN), a registered investment advisor company established in 2006. NSFIN's intellectual property was purchased by a hedge fund group in 2008.