Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.
Monday, 5 December 2016
Last updated 45 min ago
Apr 9 2013 | 9:26am ET
Hedge fund leverage rose slightly in February as market neutral and equity long/short funds increased their exposure.
The New York Stock Exchange Debt Margin was $366 billion, $2 billion higher than in January. Hedge fund leverage is still $15 billion below its peak level, $381 billion, reached in July 2007.
Market neutral funds went from 2% net long to 7% net long, according to Bank of America Merrill Lynch. Equity long/short funds went from 23% net long to 25%.