Commentary

Momtchil Pojarliev
Traders Magazine Online News

Some Like It Hedged

BNP Asset Management's Pojarliev discusses a variety of options to address foreign currency exposures. Although there is no single best-practice solution for addressing foreign currency exposures, institutional investors have three main choices, he says.

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Amid changes in builder, do you think the CAT project will be completed by 2020?




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June 30, 1998

At Deadline - Richard Holway

By John A. Byrne

One of the brightest stars on the buyside has joined Los Angeles-based Jefferies & Company. Richard Holway, 42, formerly director of trading at Minneapolis-based Investment Advisors, will lead all design, development and marketing efforts for Jefferies' @Harborside system.

"We are delighted to retain Rick Holway to lead this venture," said John Shaw, Jefferies's national sales manager, in a prepared statement. "We are committed to engage the best people in the business."

@Harborside was formed to assist institutional traders in searching for liquidity, while protecting confidentiality.

For his part, Holway said Jefferies' experience in negotiating complex transactions, coupled with the advanced technology of @Harborside, will increase the probability of finding the natural counterparty in institutional trading.

"@Harborside offers a simple solution to the problem of finding liquidity and minimizing market impact. It complements both traditional and innovative ways of doing business," Holway added.