Friday, 21 November 2014
Last updated 7 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.
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...