It has been a modest-kept secret for some time. Remco Lenterman will join the London office of Citadel. As soon as he is ready tending his garden (when non-compete expires). He left IMC back in August 2015. Earlier he worked for Kempen & Co and of course Goldman Sachs. He started for GS somewhere in theRead more
The ink is barely dry on the settlement agreement with Optiver, and new trouble looms for Tibra. Rumor has it Tibra has got a problem with Getco, or KCG as it is called after the take over of Knight. It’s a listed company nowadays, KCG. Game changing hire In november 2012 two former executives fromRead more
Rumor has it Tibra Trading finally settles the conflict with Optiver. Eight years ago Tibra was founded by rebel Optiver traders in Australia. They allegedly took with them a serious chunk of source code of the proprietary trading software, called F1. The case has been dragging on for almost a decade, and included trips toRead more
Mentioned over the weekend already in the comments. Last friday the news was shared by SIX Swiss Exchange the membership of Tibra Trading Europe will end on October 31th 2013 (pdf) . This means they’re leaving the market making in Swiss equity options. The firm is closing down desks one by one. Rumor has itRead more
There’s a new interesting rich list in our favorite magazine Quote. Even better than the usual Quote 500 list – with most “traders” being investors at the right time and place. Early founders in Optiver and IMC. The new list was published in the May June edition, and is a ranking of self made millionaires underRead more
