Re:The $440M software error at Knight Capital (2019)
by 22SAS on Tuesday May 03, 2022 @11:25AM
(#31249462)
Interesting, would you add RenTech and TGS into the "traditional hedge funds that incorporated quant methods into a fundamental process" bucket?
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Re:The $440M software error at Knight Capital (2019)
by skippyboxedhero on Tuesday May 03, 2022 @04:55PM
(#31253450)
No. Because that isn't what they do (I am talking about fundamental investors: Marshall Wace, Point72, etc.). I have no real idea what they do or do not do but they trade over shorter time frames where there is no change in fundamental information (i.e. they are trading based on liquidity signals which is, essentially, what market-making is now).