Thursday, 27 November 2014
Last updated 21 hours ago
Dec 4 2012 | 11:44am ET
Millennium Management chief Israel Englander's derivatives brokerage business has a new head of prime brokerage.
Israel A. Englander & Co. named Fredrick Scuteri a chief operating officer of prime services. He'll serve as co-head of the three-year-old business with Brett Yarkon.
Scuteri joins New York-based IA Englander from Thomson Reuters, where he was global head of the hedge fund strategy group. He formerly served as head of prime brokerage at Cuttone & Co.
"We are extremely excited to bring in a person with Fred's vast experience and deep knowledge," CEO Stephen Tobias, who co-founded IA Englander in 1977 with Englander, said. "As we continued to expand our capabilities, Fred will be growing our product offering and streamlining the operational workflow."
Englander remains a passive minority investor in IA Englander.
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...