2min chapter

On The Tape cover image

I Feel The Market Move Under My Feet with Gabriela Santos of J.P. Morgan

On The Tape

CHAPTER

The Tap on the Shoulders on Levered Funds

Danny Cevallos: AI has been alive and well in HFT high frequency trading world now for 15, 20 years. He says the quants that know exactly what's happening are getting ahead of trend followers who are picking up on it. This is when levered funds start to reform and they get the tap to bring things down, he says. Cevallo: My performance trading in the last four months has been about as bad as it's ever been.

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