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most 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
by whimsicalism 2y ago
most 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.