Tuesday, 30 September 2014
Last updated 41 min ago
May 2 2014 | 12:19pm ET
A top JPMorgan Chase volatility trader has left the bank to join hedge fund Och-Ziff Capital Management.
Jeremy Wien will focus on equity-index derivatives at New York-based Och-Ziff, Bloomberg News reports. Wien announced his departure in an e-mail to clients and colleagues yesterday.
Wien was head of Chicago Board Options Exchange Volatility Index trading at JPMorgan, which he joined two years ago from hedge fund Peak6 Capital Management. He also formerly worked at Alphabet Management and Goldman Sachs.
Wien joked that he appreciates “greatly all of your advice and encouragement regarding the best way to lose a few pounds as well as to improve my fashion sense.” The 29-year-old said that “while I haven’t necessarily heeded any of that advice to date, I assure you that I will at some point.”
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...