September 24th, 2021, 12:31 pm
I think you need to draw a distinction between professional and private activities. As far as I’m concerned he is an “alleged quant” professionally, whereas his PA trading is pretty trivial front running. There is a front page story in the US edition of the FT today about a portfolio manager in Frankfurt who did the same sort of thing, executed via derivatives that he traded from his office computer, seconds before putting in his institutional sized orders for Union. Once he has served his prison time, he should probably be confined to a mental health institution, just to protect him from himself.