You Know Who - Renaissance Watch

Jurassic · Post by **Jurassic** » Sat Apr 18, 2020 7:28 am

https://www.cnbc.com/2020/04/17/renaissance-hedge-fund-reportedly-having-one-of-its-best-years-ever.html

Medallion latest

Does this help us work out anymore about it?

fxsaber · Post by **fxsaber** » Sat Apr 18, 2020 12:43 pm

A lot of algorithmic traders got super-profits in March 2020.

Statistical Arbitration in March 2020 - Goldmine.

doomanx · Post by **doomanx** » Sat Apr 18, 2020 12:57 pm

https://www.ft.com/content/6ea8207b-b41a-43df-9737-ae481814a8d4

Rentech fiddling with crypto. Not surprising at all, more products just allows horizontal expansion via porting existing strategies over and with CME futures you don't have to deal with silicon valley-esque javascript APIs for market data.

Jurassic · Post by **Jurassic** » Sat Apr 18, 2020 1:01 pm

@fxsaber i thought lower frequency stat arb funds got hit as well

@doomanx whats the emphasis on js style apis and silicon valley?

chiral3 · Post by **chiral3** » Sat Apr 18, 2020 1:56 pm

39% ytd before fees. Good on them.

svisstack · Post by **svisstack** » Sat Apr 18, 2020 3:06 pm

@doomanx interesting statement, I would doubt that there will be much if any to port, but they, of course, have the toolkit.

fxsaber · Post by **fxsaber** » Sat Apr 18, 2020 3:57 pm

The lower the frequency, the higher the risks.

The higher the frequency, the lower the risks.

nikol · Post by **nikol** » Sat Apr 18, 2020 8:42 pm

SEC:

"Bitcoin Futures – The Medallion Funds are permitted to enter into bitcoin futures transactions, which Renaissance will limit to cash-settled futures contracts traded on the CME."

Twitter shortcut

https://t.co/uI8OtOoGUI?amp=1

eric16 · Post by **eric16** » Sun Apr 19, 2020 12:56 am

Two possibilities: 1. hft makes money and 2. their rief signal is slower than medallion so medallion make money from rief.

juthica · Post by **juthica** » Sun Apr 19, 2020 2:15 pm

Long time lurker here.

@doormanx They'll need the spot exchange data anyway, which is a mess. I'm biased (as a founder of LedgerX) but "physically" settled would serve them better. In any case doubt the opportunity is there for them but makes for fun news.