E empee Jan 18, 2007 #1 Why doesn't a hedge fund start a low cost broker, not to make money, but to see what strategies work/can be copied. For big shops, wouldn't this be a form of cheap research? Perhaps it has been done and we just dont know?
Why doesn't a hedge fund start a low cost broker, not to make money, but to see what strategies work/can be copied. For big shops, wouldn't this be a form of cheap research? Perhaps it has been done and we just dont know?
N nazzdack Jan 18, 2007 #2 (1) Monroe Trout (Rand Company) did that in the mid-90's. (2) Instead of imitating profitable clients, you can always "fade" the unprofitable customers.
(1) Monroe Trout (Rand Company) did that in the mid-90's. (2) Instead of imitating profitable clients, you can always "fade" the unprofitable customers.
