Thursday, 23 October 2014
Last updated 1 hour ago
Aug 19 2013 | 9:26am ET
UBS has promoted its U.S. prime brokerage sales chief to oversee its entire prime brokerage effort in the country.
Chris Hagstrom was named to the newly-created post, HFMWeek reports. Hagstrom has spent nine years at UBS' prime brokerage, and formerly worked at SG Cowen Securities.
Hagstrom's appointment follows Reinhardt Olsen's hire as global head of prime brokerage in June, replacing Paul Galietto, who became head of equities for the Americas at the bank.
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 ...