This episode options Sam Bankman-Fried, who’s buying and selling ability originated from 3-years at Jane Avenue—a proprietary buying and selling agency renown for being one of many world’s largest ETF liquidity suppliers.
In late-2017, Sam relocated to Hong Kong and commenced his foray into the cryptocurrency market when he co-founded Alameda Analysis. Alameda commerce a spread of quantitative methods—resembling statistical arbitrage and market making—that are principally automated, however with a layer of human intervention.
Inside 2-years Alameda has grown to some extent, the place every day, it does roughly one billion {dollars} of turnover throughout 35 exchanges, accounting for someplace close to 5% of worldwide crypto quantity.
Sam and I received to debate many elements of how Alameda function and the way his group have discovered profitable alternative amongst a chaotic surroundings…
Sam Bankman-Fried: ex-Jane Avenue dealer, CEO and co-founder of Alameda Analysis.