Tuesday, 6 October 2015
Last updated 49 min ago
Apr 28 2011 | 12:29pm ET
Citadel Investment Group has hired a pair of former Knight Capital Group executives to launch its new quantitative-trading group.
Jamil Nazarali and Matt Cushman will report directly to Citadel founder Kenneth Griffin. The two are charged with working with Citadel's existing equities, currency and high-frequency trading teams, among others, Bloomberg News reports.
Nazarali was senior managing director in charge of electronic trading at Jersey City, N.J.-based Knight, while Cushman was a managing director in that group. Both resigned in February and will join Citadel in September.
Nazarali formerly worked at Bain & Co. and Ernst & Young. Cushman, a math Ph.D., was at a technology start-up before joining Knight.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…