2
$\begingroup$

Brexit saw a lot of volatility in the market. Pound crashed to record lows and the market still seems recovering. Manual traders lost a lot of money. How did the Algos performed?

$\endgroup$
  • 1
    $\begingroup$ What kind of algo traders? Systematic macro? CTA? High frequency trading? Equity market neutral? Vol arb? $\endgroup$ – Chris Taylor Jul 13 '16 at 10:11
  • 1
    $\begingroup$ While it certainly is an interesting question, it's not really a good question for our format. I'd assume some algos made money and others lost some. $\endgroup$ – Bob Jansen Jul 13 '16 at 11:28
  • $\begingroup$ I was able to find a couple articles that discuss how some algo-focused players performed in the wake of Brexit. Mostly seems they fared reasonably well, all things considered. Here's some fodder from The Street, Zero Hedge, and WSJ. $\endgroup$ – Jacob Amos Aug 9 '16 at 8:38