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We Need a Chicago

Oct 2, 2026 · 0:30

The quant fund's model was right. The Canadian dollar pit was rigged. Book report day.

Medallion's Canadian-dollar trades lost every day until a Chicago floor trader explained that the three traders in that market were buying ahead of Simons's orders; the fund's model was right, the market was rigged against it.

On the book: The Man Who Solved the Market by Gregory Zuckerman

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The Man Who Solved the Market

Portfolio · Jan 1, 2019

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