Does anyone have insight into what happened at Spot? 2017 was obviously tough for trading firms across the board with low vol across asset classes (excepting btc), but it's a little strange that they closed down right after vol spikes in a meaningful way for the first time in a long time.
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interesting stuff. the htf space seems to be struggling right now
They had already got rid of half or so their traders.
Not sure if there was specific loss.
Weren’t they option shop? So hft in a game getting expensive and consolidating.
How does Spot trading in hft compare with banks doing hft market making?
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