Thursday, 21 August 2014
Last updated 8 hours ago
Jul 15 2010 | 11:06am ET
For the second time this week, Deutsche Bank has lost a top proprietary trader to the hedge fund world.
Nelson Saiers has joined New York-based Alphabet Management, Bloomberg News reports. Saiers will head a volatility derivatives trading group at the $170 million firm.
At Deutsche Bank, Saiers served as a managing director for proprietary derivatives trading. But Germany’s largest bank is winding down its prop. trading operations, which led both Saiers and Pablo Calderini, its head of proprietary stock trading, to seek opportunities in the alternative investments industry.
Saiers has worked for Deutsche Bank for three years. He previously spent time at UBS and Susquehanna International Group.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note