Thursday, 23 October 2014
Last updated 1 hour ago
Apr 11 2013 | 9:12am ET
BlueCrest Capital Management, pledged to build an "investment-bank quality" trading team, has added a former Deutsche Bank rates trader.
William Yearick will join the US$35 billion hedge fund, Bloomberg News reports. Yearick was an interest-rate options trader at Deutsche Bank until his exit last month.
Yearick is the third Deutsche Bank veteran to join BlueCrest this year, after mortgage-debt trader John Roach and distressed-debt analyst Matt Siravo.
Prior to joining Deutsche Bank in 2008, Yearick worked at Goldman Sachs.
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…
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 ...