June 20, 2021
Markets

Global Automotive Cockpits and Instrumentation Market Overview and Forecast to 2035: Instrument Clusters, Instrument Panels, Outsourced Cockpits, Head-Up Displays

Bloomberg

Wall Street Uses Old Tricks in $2.4 Trillion Crypto Jungle

(Bloomberg) — Wall Street traders like Trey Griggs are finding a new lease on life in the $2.4 trillion crypto Wild West.After two decades in energy trading, the 51-year-old was lured by a former Goldman Sachs Group Inc. colleague this February into a new world of market-making in digital currencies.Now he’s in fighting spirits — unleashing old-school finance tricks to exploit the industry’s rampant inefficiencies, volatility and downright weirdness.“All the fun that used to be had 30 years ago in the commodity markets and is no longer fun — that fun is now in crypto,” says the U.S. chief executive officer at GSR Markets in Houston.Griggs is among crypto newcomers deploying systematic strategies that are tried-and-tested in conventional asset classes — price arbitrage, futures trading, options writing –…

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