Caldwell, N.J-based CMK Trading recently launched the Managed Account program, which is a short-term intra-day discretionary program. The program ended November up 0.09% in its first three months of trading.
The program trades the E-Mini S&P 500 and U.S. 10-year Treasury note futures during liquid market periods, and does not take overnight positions. It charges fees of 0/25 with a $500,000 minimum investment requirement.
Colin Kudela, a former trader with Schonfeld Securities, is the firm’s portfolio manager. The program was managing some $2.75 million as of the end of November.
Gabriel KurlandBy Gabriel Kurland: On November 12, 2009, the U.K.’s Serious Fraud Office (“SFO”), an independent government department that investigates and prosecutes fraud and corruption cases, announced that it is probing the London-based, Dynamic Decisions Capital Management Ltd., after the matter was referred to it by the Financial Services Authority. More...
Ireland has launched the EUR 26 million ($40 million) Bank of Ireland Seed and Early Stage Equity Fund to invest in startup and early stage companies. More...