Thursday, June 15, 2017

When one of the EU ETF largest algo trader struggles to make business viable 😰

When one of the EU ETF largest trader makes 0.03% performance/trade with its deterministic models, it requires a large trading volume to make the business viable. €640 billion !? It seems not enough to get back to the initial level the share price which is down by more than -31% ! A change should be made to the business approach ?!? 😀 (see article link below)

https://www.bloomberg.com/news/features/2017-06-14/dutch-speed-trader-turns-to-currencies-after-conquering-etfs

No comments:

Post a Comment