Tuesday, 21 October 2014
Last updated 10 hours ago
Aug 18 2011 | 2:24am ET
Former hedge fund executive Kim Bang has been named CEO of retail fixed-income trading technology and execution firm BondDesk.
Bang joins BondDesk from Bloomberg, where he was chief operating officer for Europe, the Middle East, Africa and the Asia-Pacific region for Bloomberg Enterprise Products and Solutions and formerly led electronic trading platform Bloomberg Tradebook. But before he joined Bloomberg in 1996, Bang served as president of quantitative derivatives hedge fund Futech Capital Management.
“The opportunity to join BondDesk and help lead one of the most innovative companies in the fixed-income market was impossible to pass up,” Bang, who will be based in New York, said. “This market is ripe for further automation and technological advancement and BondDesk is already leading that charge.”
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…
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 ...