First the Big Guy inches in, now this.

Matt Andresen, who joined the Chicago-based hedge fund giant in 2004 after a stint running Island ECN, the largest electronic stock market in the U.S., has a non-compete agreement with Citadel and no plans for the immediate future, Wall Street Letter reports.

I like the ring of “no plans for the immediate future,” how about you?
Citadel Derivates Co-Chief Out [FINalternatives]

Comments (9)

  1. Posted by guest | March 27, 2009 at 1:14 PM

    They’re excaping! They’re escaping!

  2. Posted by guest | March 27, 2009 at 1:17 PM

    Did you say Gothic Arsehole?

  3. Posted by guest | March 27, 2009 at 1:20 PM

    Rumor has it he didn’t get along so well with the big guy in the tower.

  4. Posted by guest | March 27, 2009 at 1:22 PM

    Im an executive at a Chicago based Hedgefund giant.
    What is a derivative?

  5. Posted by guest | March 27, 2009 at 1:46 PM

    If the media was really doing their job they would be securing copies of his kindergarten report card to check if the teacher checked the “plays well with others” box.

  6. Posted by guest | March 27, 2009 at 2:02 PM

    1- can I axe you a question? Pacifically?
    Do you drink expresso?

  7. Posted by guest | March 27, 2009 at 2:18 PM

    Matt is an interesting cat, world class fencer. Got his start in the business as a daytrader @ Daytek under Citron and Maschler. Nowadays he tells the Griffin to pound sand.

  8. Posted by guest | March 27, 2009 at 2:47 PM

    #6, how did you know? I have a starbucks gold card. The first misspelling was done for effect and to intimate an accent, guess it failed.

  9. Posted by guest | March 28, 2009 at 12:15 AM

    Perhaps he realized that making a business out of ripping off ETrade customers wasn’t a normal ECN model.

Leave a comment

You can log in with your account or comment as a guest below.