Wintermute plans to invest $1 billion over five years in layout HF trading and AI infrastructure

On 12 August, according to Bloomberg, the company plans to invest approximately $1 billion over the next five years in high-frequency trading systems and in the construction of an artificial smart data centre infrastructure, as the city's marketer, Wintermute Trading Founder and CEO Evgeny Gaevy. In the context of the continuing decline of the encrypted market, the nine-year-old Wintermute is seeking a transition to traditional financial markets, with the goal of entering into the areas of stocks, bulk commodities and foreign exchange, as top marketers in the Jane Street Group, Citadel Securities, etc。