Thursday, 20 November 2014
Last updated 2 hours ago
Jun 8 2007 | 11:14am ET
Responding to growing demands from its hedge fund clients, Bear Stearns has added a sales executive and trader to its metals desk, and is boosting its soft-commodity team as well.
Sid Strutt, current a sales executive at Sempra Metals Group, will join Bear in New York next month, Bloomberg News reports. Metals trader John Browning of Barclays Capital will start in Hong Kong in September. And the firm also said it is adding to its soft-commodity teams in New York, London and Hong Kong.
“In soft commodities, there may be a time when we do what we did with the [London Metal Exchange] business, adding salespeople as the business grows,” European head of futures Peter Williams told Bloomberg.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...