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Goldman lost $687m on two days during August turmoil

The need to keep generating trading profits means the US banking giant has to take greater risks Goldman Sachs experienced a total trading loss of...

Ex-Millennium hedge fund start-up poaches head of trading from JP Morgan

Jain Global, a new hedge fund founded by former Millennium CIO Bobby Jain, has confirmed JP Morgan alumnus Jeremy Wyatt as its new EMEA...

Jain Global raises US$5.3bn, continues aggressive hiring policy

Balyasny's Joanne Lim is the latest in a string of high-profile hires for the new hedge fund, which this week raised US$5.3bn in the...

Citadel Securities paid US$943m for retail US equity, options order flow in nine months

Large market makers are paying billions to access retail orders in stocks and options, a controversial practice banned in most countries outside the US.  Citadel...

Blog : CBOE takeover of BATS : Sylvia Smit

Does the CBOE takeover of BATS go against the spirit of MiFID? By Sylvia Smit, Head of Equity Markets Delivery at Delta Capita From expanding into more...