(Bloomberg) After Nomura apportioned blame for Tuesday’s dramatic stock plunge on trend-following quants, an unlikely defender has emerged for the systematic hedge funds: Nomura. In the quest to uncover the culprit behind the S&P 500’s 3.2 percent rout, the investment bank has emerged conflicted over the role of computer-driven traders that surf the market’s momentum.
Quant Blame Game Over Stock Sell-Off Pits Nomura Against Nomura
This entry was posted in Syndicated. Bookmark the permalink.
