Tenev: Quantitative trading benefited from 2008 volatility due to wider spreads
Vlad Tenev · Robinhood: Vlad Tenev · Apr 12, 2021 · at 12:35
Vlad Tenev, co-founder and CEO of Robinhood, explains how quantitative arbitrage strategies capitalized on the 2008 financial crisis.
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“Quantitative trading actually benefited from the volatility in 2008, because the more volatility in the markets, the wider bid ask spreads are.”
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