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A comment on SEC charges Netflix insider trading ring. Parent comment

Re:SEC charges Netflix insider trading ring by sydthrowaway on Thursday August 19, 2021 @05:53AM (#28232040)
Medallion fund? I thought it was stat-arb.
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Re:SEC charges Netflix insider trading ring by throwaway2037 on Thursday August 19, 2021 @06:23AM (#28232183)
Interesting point/question.

First: Yes, Medallion fund is the primary fund of RenTech.

Second: To me, stat-arb can be HFT or non-HFT. They were/are doing HFT stat-arb in Medallion fund. AQR, Virtu, and Citadel are probably doing both HFT and non-HFT stat-arb. Twenty years ago stat-arb was called "pairs trading". Today, it is much more complex: basket vs basket.

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