CTA Markets S&P 500 stocks

‘Greeks’ In Argentina, ‘Systematic’ Chaos And A Binary Nightmare In Buenos Aires

"It's gonna be mental."

"It's gonna be mental."
This content has been archived. Log in or Subscribe for full access to thousands of archived articles.

2 comments on “‘Greeks’ In Argentina, ‘Systematic’ Chaos And A Binary Nightmare In Buenos Aires

  1. At what point do people question whether the quant/algo way of investing is where they want there money? Sure some of it is better than others but what is moving the markets lately is an insane way to run money imo. I am guessing we are seeing the top in that style.

  2. @Anonymous
    I think the whole CTA complex is due for a rude awakening. A basic CTA system is an implicit put on left-side tail-risk and on choppiness/uncertainty. The past 30 years (in which CTA systems have prospered) have been defined by ‘Plaza Accord’-style international cooperation, which has entrenched economic and market trends: up, little chop. If we truly are seeing the unraveling of this global order (this has been the trend of the past few years), CTAs could get slaughtered in the choppy markets that ensue.

    From what I understand the HFT complex could suffer the same fate (as it relies on a constant pool of liquidity to execute massive trades in the span of 0.0001 ms). But I understand far too little about this style to comment.

    As (I think) Heisenberg noted a few weeks ago, CTAs are the red-headed step-children of the quant community.

Leave a Reply to Wet Black Bough Cancel reply

Skip to toolbar