Trading firm Headlands Technologies founded by three Citadel veterans

June 14th, 2010
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Matthew Andresen, Jason Lehman and Neil Fitzpatrick, three former traders at Chicago hedge fund Citadel Investment Group, have joined forces once more to run Headlands Technologies, their own computer-driven trading firm. According to the Wall Street Journal, Headlands Technologies will use a quantitative-trading operation, and while its focus has not been finalized, the trading firm may eventually trade in stocks, options and futures markets

While at Citadel, Mr. Andresen, Mr. Lehman and Mr. Fitzpatrick ran Citadel Execution Services, the successful stock- and options-trading division that performed well during the credit crisis in 2008. All three left the firm in the year between early 2008 and early 2009. Now partners, Mr. Andresen and Mr. Fitzpatrick will work from Chicago and Mr. Lehman from San Francisco. Headlands Technologies currently has no official date to begin trading.
For Detailed Investor Profiles on these Investors, click below:
Citadel Investment Group
Related People: ; Becket Wolf*; Brandon Haley; David Grossman; Derek Kaufman; Jeff Runnfeldt*; Joe Squeri; Kaveh Alamouti*; Kenneth Griffin; Mark Stainton; Ryan Garino; Steve Weller*
Related Entities: Citadel Alternative Asset Management; Citadel Equity Fund; Citadel Kensington; Citadel Wellington; Equiduct; New Castle Re; Sowood Capital*
Related Article Tags: Investment Management, Fund Manager and General Financial News


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