Sunday, 23 November 2014
Last updated 2 days ago
Mar 26 2010 | 4:07am ET
New York hedge fund Alphabet Management has added a top volatility options trader.
Jeremy Wien has spent the past three years as head of VIX options trading at Société Générale, which was the biggest trader of Chicago Board Options Exchange Volatility Index contracts last year. Wien joined SocGen in 2007 from Goldman Sachs to set up the VIX trading desk.
He joins about 20 equity options and volatility arbitrage traders at Alphabet, which manages $140 million, Bloomberg News reports.
“I have a new and exciting opportunity,” Wien told clients in an e-mail yesterday. “I am looking forward to a new set of challenges.”
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...