Wednesday, 1 October 2014
Last updated 4 hours ago
Jan 24 2014 | 12:01pm ET
Former Moore Capital Management trader Julian Rifat will be formally charged with insider-trading next week.
Rifat, one of 10 suspects in the case arrested four years ago, will appear in a London court on Wednesday, according to Westminster Magistrates' Court. He will face eight charges.
Rifat, who was an execution trader at Moore, will be the ninth of the 10 suspects to be charged. Last year, he won a court order for the U.K. Financial Conduct Authority to either bring charges against him or drop the case. The details of the case against Rifat are unclear.
The 10th suspect, Clive Roberts, formerly of BNP Paribas, remains under investigation.
Two of those charged have pleaded guilty. Five others await trial.
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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...