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Derivatives and securities exchange network Cboe Global Markets has begun to offer trading in its new Cboe FTSE Bitcoin Index futures, new cash-settled futures, based on the FTSE Bitcoin Reduced Value Index (XBTF), and the latest addition to its suite of digital asset derivatives.
Point72, the $37bn multi-strategy hedge fund founded by Steven Cohen, is offering an annual base salary of up to $400,000, plus discretionary bonus, as it looks to hire a senior AI/ML staff engineer in the US, according to a report by Financial News.
Millennium Management has recruited Steve Schurr, a senior equities executive from rival Balyasny Asset Management, with a potential compensation package exceeding $100m, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Singapore-based Dymon Asia Capital has brought on board former Millennium Management portfolio manager Shao Ying as it ramps up its relative-value equity trading capabilities, according to a report by Bloomberg.
Hedge funds made a decisive return to financial stocks last week, snapping an eight-week selling streak to become net buyers of bank shares, according to a report by Reuters citing a recent research note from Goldman Sachs.
Digital asset investment products saw inflows totaling $3.4bn last week, the largest inflows since mid-December 2024, and the third largest total on record, according to the latest Digital Assets Funds Flows Weekly Report from CoinShares.
Activist hedge fund H Partners Management has escalated its campaign against Harley-Davidson, filing a definitive proxy statement and urging shareholders to vote “withhold” on three long-serving board members at the company’s upcoming annual meeting on 14 May.
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