Tuesday, 21 October 2014
Last updated 31 min ago
Mar 16 2012 | 7:58am ET
Citigroup has hired another former Citadel Investment Group derivatives head.
James Boyle was named head of equity derivatives trading in Asia, the bank said in an internal memo. His addition comes one year after Citi named Brad Kurtzman, who succeeded Boyle as co-head of derivatives at Citadel, head of U.S. equity derivatives trading.
Boyle and Kurtzman joined Citadel from Bank of America in 2009.
"We continue to grow our Asian trading capabilities and the capacity to service Citi's institutional, corporate and retail client franchise," Joseph Chang, head of Asia equities trading and Boyle's new boss, wrote in the memo, which was obtained by Bloomberg News.
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 ...