Tuesday, 23 September 2014
Last updated 13 hours 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.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.