Products/Asset Classes traded out of West Coast
Hey Guys,
I was wondering which products or asset classes have a moderate to heavy concentration of funds and flow out of the west coast with decent trading hours (i.e. not being the office at 4 AM). Originally, I thought trading Asia out of West Coast and still keeping somewhat regular hours would work but after looking at a time zone map, I realized how wrong I was (guess I never thought about how huge the Pacific is).
Someone once told me that there is a relatively large concentration of high yield/distressed/loans trading and funds out of the LA/SoCal area but I have found nothing to back this up.
Any ideas? Any and all help is appreciated. Thanks