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most HFTs can usually get very favorable leverage terms because they don't hold naked overnight positions (either they are hedged or just flatten at the end of
by veyron 15y ago
most HFTs can usually get very favorable leverage terms because they don't hold naked overnight positions (either they are hedged or just flatten at the end of the day), artificially boosting return numbers.
There was a similar conversation regarding fred wilson's fund obtaining very strong returns because they limited the AUM.