Friday, 24 October 2014
Last updated 18 hours ago
Jun 23 2010 | 12:24pm ET
Four years ago, Brian Hunter shook up the natural gas markets. Now, those markets are moving in ways not seen since he lost more than $6 billion for Amaranth Advisors, but, despite rumors to the contrary, it seems that Hunter is not behind the current volatility.
Hunter has nothing to do with the shifts in natural gas trading, the Globe and Mail reports, citing sources close to the trader, who lives in Calgary, Alberta. Hunter himself could not be reached for comment.
According to the rumors, Hunter was still working for Boston private equity firm PeakRidge Capital Group. PeakRidge told FINalternatives in February that Hunter had left the firm after only a few months in early 2008.
Amaranth collapsed in 2006 due to losses suffered on Hunter’s bad natural gas trades.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...