Thursday, 2 October 2014
Last updated 34 min ago
Feb 20 2008 | 12:00am ET
Futures shop Quantitative Investment Management is adding new markets and products to its lineup.
The $2.9 billion firm plans to add new markets to its flagship Global Program, as well as its Ultra Program, which launched last August and has a longer-term holding period than its predecessor.
In particular, the firm is interested in the grains sector, due to growing liquidity, according to partner Jaffray Woodriff. In addition, the firm is evaluating its currency strategy.
“We're also looking at some cross currencies such as euro/yen, euro/sterling and Aussie/yen," he said.
For the firm's recently launched equities program, currently trading U.S. names, Woodriff said he's looking at European and Asian stocks to further diversify the product. Woodriff said the firm, which expects to grow the $126.8 million equities program "very quickly" this year, also plans a three-times levered version.
"We're also looking to get more out of tick data this year in terms of execution and predictive inputs. So there's a lot of work currently being done with intra-day data," he said.
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...