UBS Analyst Sees $150 Billion of Quant Selling by End of June

  • Pressure would come from risk strategy and VIX ETP rebalancing
  • The S&P 500 is down 2.3 percent, the most since January 13

Selling in the U.S. stock market in the wake of the U.K.’s decision to secede from the European Union is just getting started for quantitative traders who make buy or sell decisions based on price trends, according to UBS Group AG.

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