Jul 21 2006 | 5:27pm ET
Morgan Stanley's program-trading desk took a big hit this week with the departure of four traders for rivals.
Reuters reports that Mike Kelapire, Will McNeely and Jason Santos have joined New York-based Jefferies Group, just one week after Goldman Sachs' Andrew Silverman joined Morgan Stanley as head of U.S. electronic trading distribution. A fourth program trader, Therese Willett, has left for UBS.
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…