The latest collaboration, with accountants KPMG, is a humdinger: it offers clients in investment banking the tools to predict and model behaviour among traders and research analysts; the City had better watch out.
"Maybe I am, but not because I'm a free trader!" Recent research by the International Monetary Fund, highlighted by its managing director Christine Lagarde, suggested that developing countries must be cautious about so-called "financial deepening" – expanding their banking sectors and opening up their capital markets – because without tough regulation it can be too risky.
Though shy, he quickly showed he was a natural born trader "not a charts and research" trader but a visceral trader whose great instinct would benefit many people, for decades to come.
One of the colleagues forwarded the e-mail to Cohen's personal research trader, who forwarded it to Cohen — and then telephoned him.
According to Cohen's legal team, he looked at just eleven per cent of them, and at only about twenty-one per cent of the e-mails from the research trader who had forwarded the "2nd hand read" e-mail.
The suggestion that he ignored eighty per cent of the messages from his own research trader, whose job was to alert him to critical market information, struck them as absurd.
The information had been passed from a Dell investor-relations employee to an analyst at an investment fund and then to an analyst at another fund before reaching Horvath, whereupon it went to Steinberg, then to another portfolio manager, then to Cohen's research trader, and, finally, to Cohen.
He is a liaison among the research department, traders and clients.
Those 300 research analysts, traders and sales people… All have moved on, either made redundant or left on their own accord.
This site is best suited to traders who love to research and screen stocks.
