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Millennium bags ex-Balyasny trader

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Umair Khan Marwat has left Chicago-headquartered Balyasny Asset Management after an almost two-and-a-half-year stint as trader, to take up the same position at multi-strategy rival Millennium Management, according to a report by The Trade.

Hong Kong-based Marwat previously worked at Credit Suisse, focused on AES, algorithmic, and direct market access (DMA) trading, before joining Balyasny Asset Management in 2021 as a trader.

His career also included a stint at AlphaSights as a junior associate for the APAC region.

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