Sunday, 21 September 2014
Last updated 1 day ago
Jun 28 2013 | 9:30am ET
A top Nomura Holdings trader is to join hedge fund Millennium Management.
Nicholas Wells is bringing two colleagues with him to the $18.2 billion hedge fund, Bloomberg News reports. He was head of equities program trading at Nomura, but his registration with British regulators has been inactive for two weeks.
Wells has worked at Nomura since it acquired Lehman Brothers' European business. The algorithmic trader had been at Lehman since 2001.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.