A Quant Trader’s View on Bitcoin with Sam Trabucco - WBD384

Location: Remotely Date: Monday 9th August Company: Alameda Research Role: Co-CEO, Quant Trader

While the Bitcoin market has grown massively over the last few years, in comparison to traditional markets, it is still somewhat immature. 

With a large number of inexperienced retail participants and derivative platforms offering huge leverage, just one tweet from an eccentric billionaire or a significant piece of news can cause huge volatility and cascading liquidations.

These periods of high volatility are when most traders look to profit. However, a quantitative trader approaches the market a little differently. Quant traders rely on data, algorithms and bots to execute billions of dollars in daily trading at incredibly high frequency.

So how does quant trading work in the Bitcoin market, and what impact do they have on the price action?

In this interview, I talk to Sam Trabucco, Co-CEO and Quant Trader at Alameda Research. We discuss the role of a market maker, sentiment & momentum in Bitcoin and if there is too much leverage in the system.