Do HFT firms typically do layoffs in a recession?

Qualtrics worke
Oct 31 7 Comments

Just a question for curiosity. Do high frequency trading firms like Jane Street, HRT, DRW, Two Sigma, Jump, etc typically experience lay offs when the economy downturns? If so, how severe? Or are their algos so good they can make money even when the market is going down?

TC: low

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TOP 7 Comments
  • Cisco
    🦙 Alpaca

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    🦙 Alpacamore
    I thought trading firms make the most money when the economy volatility is high, whether its going down or up
    Oct 31 2
    • Google / Eng hpines
      Not exactly. Market makers are best at fluctuations instead of a single-sided market. Not all listed companies do the same job tho
      Oct 31
    • Cisco
      🦙 Alpaca

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      OP asked a super general question, so I thought a general answer would satisfy him
      Oct 31
  • WeWork RPvk36
    Nope; they make $$
    Oct 31 0
  • Two Sigma / Eng mgre
    The main goal of market making, and many other quantitative strategies, is to be market neutral.

    tldr = no
    Oct 31 0
  • New / Finance
    IhuO62

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    IhuO62more
    HFT makes 10 times more money during recession
    Nov 15 0
  • Amazon scoopy
    Wouldn’t it be better to work then cause the stocks will be low?
    Oct 31 0

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