Wednesday, 1 October 2014
Last updated 34 min ago
Apr 28 2008 | 11:19am ET
William Jones, chairman JonesTrading Institutional Services, is relinquishing his CEO responsibilities to focus on broad strategic issues for the firm.
Firm President Will Geyer succeeds Jones as CEO and will focus on the current business, anticipating industry and client needs. Mike Hornbuckle assumes the role of vice-chairman and will represent the firm to a broad range of constituencies.
“We will remain the best at what we do for our clients–the construction of large block trades on an agency basis. And we will migrate the model across business types, instruments, and regions,” said Jones. “Our management is committed to the firm, and now has the mandate, precision in responsibilities, and resources to design and implement strategies for JonesTrading’s continued growth in valuation, revenue, and profits.”
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...