Dan Yu, founder of research firm Gotham City Research, and Cyrus De Weck, who set up Portsea Asset Management, are teaming up to launch a new short-selling fund, General Industrial Partners, early next year, according to a report by The
Said Haidar’s $4.3 billion Haidar Jupiter hedge fund is up 274% so far in 2022 – four-times it’s previous best ever annual performance – having chalked up a 19% gain in September alone, according to a report by Bloomberg. The
Hedge funds and investment banks are going head-to head in a bid to secure the best macro trading talent in Hong Kong, according to a report by eFinancialCareers. Ongoing market volatility has provided a opportunities for macro funds to chalk
EDX Markets (EDXM), a digital asset exchange backed by leading financial institutions, and Paxos, the regulated blockchain infrastructure platform, have formed a partnership that will enable institutional custody of traded assets for EDXM clients, and provide Paxos customers with direct
Overbond, an API-based credit trading automation and execution service in the global capital markets, has integrated an AI-powered margin optimisation function into its existing automated trading system. Traders can now train Overbond’s automated system to optimise their hit ratio according to
Ongoing market turmoil helped Citadel’s flagship hedge fund chalk up a 2.5% gain in September, taking year-to performance to 29%, according to a report by Bloomberg, with the firm’s three other hedge funds all generating double-digit returns too.
Ray Dalio, the billionaire investor who built Bridgewater Associates into one of the world’s biggest hedge funds, is stepping down as co-chief investment officer of the $150 billion firm, according to a report by Bloomberg. Dalio has handed over control of
Elon Musk’s decision to get his takeover of Twitter back on track could deliver a $255 million profit for Florida’s-based hedge fund Pentwater Capital, according to a report by CNBC.Having a acquired a 2.4% stake in Twitter during Q2 for
Global network and Infrastructure-as-a-Service pioneer TNS has partnered with Blue Ocean Technologies (BOT), owner and operator of the Blue Ocean ATS, a global alternative trading system (ATS) that operates from 8:00PM EDT to 4:00AM EDT. Blue Ocean ATS will leverage
Hedge fund Two Sigma’s systematic liquidity provider and trading business, Two Sigma Securities, has joined the Chainlink network as part of its effort to bring its high-quality market data to the blockchain ecosystem. Two Sigma Securities is contributing its high-quality
