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A comment on The Accidental HFT Firm. Parent comment

Re:The Accidental HFT Firm by logicchains on Saturday June 10, 2023 @09:31AM (#36270316)
This is what Alameda was doing on FTX right? Crazy that they managed to lose money even though they had priority access to front run customer orders.
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Re:The Accidental HFT Firm by thr_low_latency on Saturday June 10, 2023 @09:32AM (#36270320)
To be fair so did ITG.
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Re:The Accidental HFT Firm by lordnacho on Saturday June 10, 2023 @10:04AM (#36270544)
I think Alameda lost money doing silly bets and just losing it in the "don't know where I put it" way.

Their MM operation was making lots of money according to someone I talked to. Just not enough to offset them setting it on fire.

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Re:The Accidental HFT Firm by TacticalCoder on Saturday June 10, 2023 @10:11AM (#36270616)
> This is what Alameda was doing on FTX right?

Alameda did many illegal things, including lying to investors about their returns to get funding. And pump and dumping a huge lot of shitcoins which SBF created or funded.

So I don't doubt they'd also frontrun their customers.

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