A group of senior Bank of America stock derivatives traders (Van Nguyen, global head of equity derivatives trading, John Illuzzi, Andrew Mitchell, Venk Reddy, Nathaniel Newlin and Tim Walton) have left to form a hedge fund, according to Reuters, citing a senior bank official. The new fund will be market neutral and will work with a number of strategies and asset classes.
Senior Traders Leave Bank of America to Form Hedge Fund
A group of senior Bank of America stock derivatives traders (Van Nguyen, global head of equity derivatives trading, John Illuzzi, Andrew Mitchell, Venk Reddy, Nathaniel Newlin and Tim Walton) have left to form a hedge fund, according to Reuters, citing