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> They probably ate most of the former team's lunch.

Are you able to elaborate on this?

I’m assuming that teams wouldn’t be sharing strategies with other teams. Is that accurate?

Would these other teams be independently finding some strategy that is either directly better than another internal team or is having some indirect impacts on other teams?



> I’m assuming that teams wouldn’t be sharing strategies with other teams. Is that accurate?

Correct. At least at this firm I was at (different firms have different org setups and therefore incentive structures), each team was a silo. All the teams shared the common core infrastructure to talk to exchanges, but that was it.

Teams have negative incentives to help each other.

> Would these other teams be independently finding some strategy that is either directly better than another internal team or is having some indirect impacts on other teams?

Exactly. You have no idea who you're trading with. It could be against other teams in the company or other players in the market (probably a mix of both).




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