Always-on Crypto market is re-shaping global finance, pushing hedge funds and trading firms to look beyond the weekend and beyond the desk of the employees.
Cube Research and Technologies, a global quantitative investment management firm is headquarters in London hiring A “Crypto | Quant trader (weekend shift)” role in London requires the availability of weekends in addition to a four-day workweek.
The role, which involves overseeing continuous crypto trading, monitoring the strategy and implementing signs and data sets, requires working in every other weekend and shifts a normal day by four days per week.
Unlike traditional financial markets that work on a fixed program and close on weekends, the Crypto market runs 24/7. There are no closing bells, holidays or hour sessions, and value movements can occur at any time, during the weekend.
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Tradfi firms rent weekend crypto roles
Other traditional finance firms are also expanding the Crypto recruitment to cover the weekend. American High-Frequency Trading Company is virtuous financial financial Wanting To cover digital asset activity outside the trading window of a weekend trader week in Singapore.
Jump trading’s crypto division wanted to appoint a weekend trader in Chicago. Post Currently not available, suggesting that the company may get the right candidate.
The increase in weekend crypto roles comes in the form of major hedge funds and trading firms, creating crypto teams and infrastructure to work around the clock.
Dedicated Crypto Unit, BH Digital, now Claim More than 15 portfolio managers, more than 10 data scientists/businessmen and dozens of external engineers support its strategies.
Steve Cohen’s hedge fund, point72, is expanding similarly. Its cubist is quant division hiring A crypto-centric quantitative developer in Paris.
In a March report, Coinsers revealed that seven of the top 10 largest holders of Bitcoin (BTC) ETF shares are now hedge funds. “Hedge Fund alone all have an account for 41% of all 13-F bitcoin ETF holdings, first invested advisors,” firm wrote,
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Crypto remains unstable on weekend
Crypto continues to show instability during the weekend. In April, Crypto prices were tumbled after US President Donald Trump announced Friday’s tariff. The weekend continued to decline, with bitcoin declining 7%, from $ 77,000 to $ 83,000.
Crypto markets can also be extremely unstable if hack or violation. With thin liquority and limited staffing, time-bound exploitation for Friday or Saturday can trigger rapid sale-closes, leading to a decline of sharp value.
While the hedge funds are now hired only for weekend roles, crypto traders have operated without long breaks.
“Weekends are to work. Free time? No such thing, work time. Save your free time for bear. For now, we grind,” Altcoin trader altcoin gordon wrote On X.
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