Thursday, 24 July 2014
Last updated 4 hours ago
Jan 12 2012 | 5:06am ET
Hedge fund Alphabet Management is in the market for some new traders.
The New York-based relative value volatility specialist aims to hire several credit and equity derivatives traders over the next few months, HFMWeek reports. Alphabet is expanding into those strategies, beginning with the hire last year of an equity derivatives trader from Susquehanna International Group. It also added a foreign exchange trader in December.
"These new hires will broaden our geographical reach and improve our trading of these assets," Nelson Saiers, chief investment officer of the $640 million firm, told HFM. Alphabet's assets under management nearly tripled last year.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…