News for hackers. Stuff that matters.
Re:DeepSeek releases Janus Pro, a text-to-image generator [pdf] by whimsicalism on Tuesday January 28, 2025 @10:20AM (#42853328)
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

Re:DeepSeek releases Janus Pro, a text-to-image generator [pdf] by sudosysgen on Tuesday January 28, 2025 @07:47PM (#42860083)
Trading 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.