Wednesday, 1 October 2014
Last updated 3 hours ago
Apr 13 2011 | 11:44am ET
Brad Kurtzman, one of the veritable army of top executives to have left Citadel Investment Group over the past year-and-a-half, has landed at Citigroup.
Kurtzman was named head of U.S. equity derivates trading at the investment bank. He started earlier this month, Bloomberg News reports.
Kurtzman was head of equity derivatives at Citadel Securities, the hedge fund giant's investment-banking unit, before his departure in January. His exit, along with two others that month, brought to at least nine the number of top executives to have left Citadel since late 2009, with the Securities division being particularly hard-hit.
His exit came just months after Kurtzman was named derivatives head and co-head of institutional sales following the exit of Brennan Warble in October. His co-head, Chris Boas, also quit in January.
Kurtzman worked at Citadel's hedge fund unit from 2006 though 2009, when he joined the investment bank. He formerly worked at Merrill Lynch.
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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...