When hedge fund traders make money, they get a share of the kill. When they lose, it’s all pushed to the clients. Two former top executives at Steven Cohen and Crispin Odey’s investment firms are ...
Millennium Management, Citadel and Point72 Asset Management aren’t noted for their charity when dealing with loss-making traders. The outcome is often brutal and swift: Culpable parties are usually ...
A trader is suing his former employer for withholding a performance-related bonus – after he claims he brought in 97% of the hedge fund’s revenues that same year, according to court filings. Robert ...
Alex Gerko, one of the U.K.’s largest taxpayers, has failed in his challenge of a British government decision that he should pay a higher rate of tax on money he generated by trading foreign ...
Every time a hedge-fund manager hits “enter,” retail traders feel the ripples. Those billion-dollar orders aren’t just large, they’re disciplined, systematically sized, and backed by processes refined ...
Bullbridge Forex Automation democratizes institutional-grade trading technology by making hedge fund-level AI automation accessible to retail investors through standard brokerage accounts. The ...
Shares of industrial and transportation companies ticked down as traders digested the implications of global central banks' warnings. Federal Reserve Chairman Jerome Powell said backward-looking ...
BMO has launched the first quadruple leveraged ETN fund that tracks the S&P 500. The fund will trade under the ticker symbol "XXXX" and seeks to generate four time the S&P 500's return on a daily ...
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