11 MAR

$35 billion hedge fund Millennium Management has hired a top trader from Citigroup

Traders work in the Citigroup booth on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 25, 2016. REUTERS/Brendan McDermid Thomson Reuters

  • Sebastian Ridd, who had been head of program trading and cash trading in the US at Citigroup, is joining giant hedge fund Millennium Management.
  • His departure from Citigroup, along with that of global head of cash trading Armando Diaz, represents a shift at the top of the US bank’s stock trading business. 

Millennium Management, the $ 35.7 billion hedge fund giant, has hired a top trader away from Citigroup. 

Sebastian Ridd, head of program trading and cash trading in the US at Citigroup, left the firm in recent weeks and is headed to the hedge fund, according to people familiar with the matter.

See the rest of the story at Business Insider

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Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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