Friday, 21 November 2014
Last updated 4 min ago
Aug 11 2010 | 9:22am ET
Goldman Sachs may announce plans to shutter its proprietary trading operations any day. But in the mean time, the Wall Street giant is bolstering the business with the hire of a young algorithmic trader.
Asita Anche has been named a managing director on Goldman’s fixed-income, currency and commodities prop. desk, Financial News reports. She joins the firm from Millennium Capital Partners and formerly worked at Citadel Investment Group.
Anche, who specializes in high-frequency trading, will design algorithms for trading fixed-income products at Goldman. She spent more than four years working on HFT at Citadel before joining Millennium as a managing partner a year ago.
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...