The TRADE 53 | Page 52

[ A L G O R I T H M I C T R A D I N G S U R V E Y | H E D G E F U N D S ] Fig 4: Provider usage by AUM Hedge Funds 2017 Long-only 2017 Not answered More than 50 10-50 1-10 0.5-1 0.25-0.5 Up to 0.25 0 0.5 1 1.5 2 2.5 3 3.5 4 4.5 5 Average number of providers 52 TheTrade Autumn 2017