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CAREERS
Company: Exane
Position: Facilitation Trader - UK
City: London

EVENTS
Valuation of Early-Stage Technologies
This seminar will unveil the application of the Competitive Advantage Valuation (CAV) method of valuing embryonic technologies and patents.
Date: Jul 31
City: Tel Aviv
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CLASSIFIED
Regulatory Arbitrage Presentation
Course Title: Regulatory Arbitrage Opportunities after Basel II and the 8th Company Law Directive of the European Union (Statutory Audit Directive, the European Sarbanes-Oxley)
Price: $1940
City: Zurich
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TABLE OF CONTENTS
100 Highest Earning Traders
May/June 2008

trader uk may 120x145 cover
Cash of the Titans
There's one word that describes each of the securities-industry standouts who make up this year’s Trader Monthly 100: flush.

A Word on Methodology
A look at our methods in identifying the top-earning traders.

The Wizard Of Winton
David Harding, London's commodities king, lords over an asset-management ­empire built on the back of black-box trading. Prepare to go behind the curtain for a glimpse inside his amazing money machine.
Open

My Charity
Redemption Central
By Eric Capper
Josh Tarasoff’s Wall Street Volunteers helps traders give a little something back... > read more

Speed Dialer & And They Feel Fine
By Doug Donaldson
Porsche’s sleek new cellphone is a trader’s in-the-money call. After a difficult decade, R.E.M. Inc. is a blue-chip once more. > read more

Casting Call
Citizen Kerviel
By Brian Dawson
You’ve marveled at his $7 billion trading loss — now enjoy it on the silver screen. Our CRITICAL verdict? Deux thumbs up! > read more

The Darwin Effect & All That Glitters
By Michael Martin , Chris R. Morgan
How evolution explains your desire for a fatter wallet. Revisiting a famous gold fraud, 15 years later. > read more

Cojones Q&A
Branch Manager
By Doug Donaldson
High-altitude lumberjack Mark Standley risks his life to keep your penthouse in fine cabinetry and parquet floors. > read more

Ask The Dream Doctor
Deferred Futures

One forgetful quant neglects his dogs— AND discovers that his ­biological clock might be ticking. > read more

High/Low

Risk/Reward
By Hilary Lewis
Perry Capital product David Sackler avoids peril by following the advice of his famous former boss: Drill down deep. > read more

The Trade
Dead Man’s Curve
By Jonathan Hoenig
Be it steep or inverted, traders enjoy a good yield-curve bet. But with the long bond taking on a life of its own and credit markets gone haywire, playing rate spreads can be one dangerous game. > read more

The Card Shark
Advantage: Research
By Johnny Chan
A cursory look at any opportunity will lead to cursory opportunities. It’s the deep, time-consuming data that brings serious profits. > read more

The Trading Edge
Of Human Capital

Reaching the upper echelon of the hedge-fund industry has far more to do with picking the right people than picking the right stocks. > read more

The Beat Of The Street
Worst-Laid Plans
By Charles Gasparino
Saving the bond insurers was the last noble cause of Eliot Spitzer. But like Spitzer, the plan, at its core, wasn’t all that noble. > read more

Market Makers
Romancing the Stone
By Roxanne Downer
For decades, Martin Rapaport has tried to create diamond futures, running afoul of the industry. A study in tenacity. > read more

Directions

The Trader Monthly 100
Cash of the Titans
By Rich Blake , Chris Gillick , Teri Buhl
They're called hedgehogs and fat cats, and sometimes much worse than that. We present them simply as “traders,” though in truth most are technically considered portfolio managers. There’s one word, however, that definitively describes each of the securities-industry standouts who make up this year’s Trader Monthly 100: flush. > read more

Trader Monthly 100: The Top 5

> read more

Trader Monthly 100: 6-10
Cash of the Titams

> read more

Trader Monthly 100: 11-20

Behold, the traders ranked Nos. 11 to 20 on this year's list. > read more

Trader Monthly 100: 21-30

> read more

Trader Monthly 100: 31-40

> read more

Trader Monthly 100: 41-50

> read more

Trader Monthly 100: 51-60

> read more

Trader Monthly 100: 61-70

> read more

Trader Monthly 100: 71-80

> read more

Trader Monthly 100: 81-90

> read more

Trader Monthly 100: 91-100

> read more

Figureheads, Line-Straddlers & Mystery Men

Compiling the Trader Monthly 100 always leads to confusion over who should be counted, confusion over what should be counted and just plain confusion. > read more

Comings and Goings

Let's start with the goings, shall we? > read more

Better Luck Next Year...

> read more

Rundown on the Banks

> read more

A Word on Methodology

Over the past four years of scouring the financial landscape to ascertain precisely which trading figures commanded the most cash from their market machinations, we’ve made some real strides to ensure that our estimates are reasonable and accurate. This year, which marks the fifth installment of the Trader Monthly 100, we are proud to say that we’ve produced our best effort to date. Here's a look at our methods: > read more

Burbank At The Bat
By Matt Smith
Having catapulted himself into the big leagues of the hedge-fund industry, John Burbank ­remains locked in pursuit of more stellar performance . . . and achieving his real dream. > read more

The Wizard Of Winton
By Leah McGrath Goodman
David Harding, London’s commodities king, lords over an asset-management ­empire built on the back of black-box trading. Prepare to go behind the curtain for a glimpse inside his amazing money machine. > read more

Close

Pacific Exchange
By Evan Rothman
The combination of deluxe food and golf makes San Francisco a weekend wonderland. > read more

Fast(est) Market
Wheels
By Larry Webster
The exotic-car arena is chock full of dubious propositions. But there’s only one “world’s fastest,” and that’s the new, revolutionary 256-mph SSC Ultimate Aero. We took it out for a (very) quick spin. > read more

Jump to It
Watch List
By Ralph DiGennaro
These ever-amusing jump-hour watches can distract you from your open positions once every, oh, 60 minutes. > read more

Geometric Progression
By Jonathan Lesser
Like clubs designed by quants: Behold the hottest — and squarest — new fairway woods. > read more

Rainmaker
High Flyer
By Robert Goyer
Has your hedge fund hedged in all the right ways? Then consider yourself part of the very small market for the world’s largest — and most expensive — private jet. > read more

Almost Famous
By Brian Dawson
We scoured the Trader Monthly “archives" to unearth this celeb-tastic 2007 spin-off — and -excerpted just a few of its many timeless insights. > read more

Scan

Previously » March/April 2008

More recently » July/August 2008

Current » July/August 2008