4 ms·
Didn't they crack down mostly on HFT? I haven't heard of a huge crackdown on low/medium frequency quants, and LLM research has low crossover with high freq. qua
by sudosysgen 2y ago
Didn't they crack down mostly on HFT? I haven't heard of a huge crackdown on low/medium frequency quants, and LLM research has low crossover with high freq. quant stuff
- whimsicalism 2y agoalmost all quant work is 'HFT'
- frankc 2y agoThis is wrong. There are plenty of quant strategies that aren't a race.
- whimsicalism 2y agomost quant money/employment is among market makers who are not holding for longer than a day and most trades probably complete within a few seconds. regardless, high-flyer is an HFT firm
- sudosysgen 2y agoTrading within a few seconds is not really considered HFT, it's mid-freq nowadays. High frequency is in microseconds end to end nowadays. High-Flyer says it took directional bets and held positions, which makes at least part of it not HFT. Also, I doubt that most quant money is in market making nowadays. That was true at some point and that's true of HFT, but I doubt it is of quant trading in general anymore. Besides, High Flyer certainly isn't a market maker, or they wouldn't be a hedge fund. You can't really be both, hence with Citadel and Citadel Securities (Market Maker) are so strictly divided.
- sudosysgen 2y agoAbsolutely not. The large majority quant work is mid frequency, on the other of seconds to minutes.