Sunday, 21 December 2014
Last updated 1 day ago
Mar 15 2012 | 11:13am ET
Capula Investment Management has lost its brainy systematic trading chief, Qiang Dai.
Dai will leave the London-based hedge fund after more than six years. He plans to pursue personal interests, Bloomberg News reports.
Quantitative bets account for about 1% of Capula's $13 billion portfolio.
Dai, a partner, joined Capula in 2005 as head of market research and risk. He was promoted to chief risk officer in 2009 and head of systematic trading at the end of 2010.
Prior to joining Capula, Dai, who holds Ph.D.s in finance and physics, taught finance at New York University and the University of North Carolina at Chapel Hill.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.