Friday, 24 October 2014
Last updated 16 hours ago
Jan 27 2011 | 12:16pm ET
Brevan Howard Asset Management has snapped up a pair of credit traders from Bank of America Merrill Lynch, which is scaling back its proprietary trading operations.
Jason Feasey and Jenna Collins worked on the bank's Europe, Middle East and Africa credit prop. desk until late last year, Dow Jones Newswires reports. Feasey was head of structured credit trading for that region, while Collins, who reported to Feasey, covered asset-backed securities.
Both formerly worked at hedge fund Cairn Capital.
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 ...