Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information.
Sunday, 11 December 2016
Last updated 1 day ago
Mar 21 2012 | 1:49pm ET
Another top Goldman Sachs trader has left the firm, possibly for the hedge fund industry.
Raj Sethi spent 14 years at Goldman, most recently as a managing director in its commodity derivatives trading group. But he left the firm earlier this week, along with Ben Jacobs, a commodities vice president, Bloomberg News reports.
According to Bloomberg, Sethi may join a hedge fund. If he does, he'll be the latest Goldman proprietary trading veteran to do so as new U.S. regulations barring prop. trading come into force.
During his Goldman career, Sethi ran the bank's U.S. power-trading desk and traded oil and other commodities in New York, London and Singapore.