Do HFT firms typically do layoffs in a recession?
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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Cisco š¦ Alpaca Oct 31, 2019
I thought trading firms make the most money when the economy volatility is high, whether its going down or up
WeWork RPvk36 Oct 31, 2019
Nope; they make $$
Two Sigma mgre Oct 31, 2019
The main goal of market making, and many other quantitative strategies, is to be market neutral. tldr = no
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IhuO62 Nov 15, 2019HFT makes 10 times more money during recession
Jane Street Capital camelus Jun 25, 2020
Let's just say that the past four months have been the exact opposite of layoffs. Volatility is good for trading firms.
Wouldnāt it be better to work then cause the stocks will be low?