Starting a quantitative trading firm with 0 experience — Jae Chung

kept by eddie aug 24

The author recounts how his inexperienced team discovered a profitable CEX-DEX arbitrage edge and iteratively optimized it before competition eroded returns.

The Clues Binance Missed That Led to Billions in Crypto Flowing to Iran - The New York Times
An NYT investigation reveals Binance overlooked obvious signs for over a year that $1.7 billion in crypto was flowing to Iran-linked entities.
also on Binance
Binance fired employees who found $1.7B in crypto was sent to Iran
Binance fired employees who alerted that $1.7B in crypto had been sent to sanctioned Iran, sparking debate about crypto regulation and corporate accountability.
also on Binance
The 24-Year-Old AI Wiz Who Counts Jane Street as an Investor - WSJ
Leopold Aschenbrenner's AI-focused hedge fund, Situational Awareness, grew from hundreds of millions to over $20 billion in assets, drawing an investment from quant-trading firm Jane Street.
also on Jane Street, #finance, #startups
A Meme About Jane Street's Difficult Interview Process Has Gone Viral - Business Insider
A viral meme trend exaggerates Jane Street's notoriously difficult interview process, reflecting the firm's record $40 billion trading revenue and high compensation.
also on Jane Street, #finance