Reported 7 months ago
A top currency trader at Eisler Capital, Stuart Oakley, is set to make a comeback at the hedge fund in Dubai after being ordered to stop trading due to losses on his $500 million trading book. Oakley, who relocated to Dubai to lead the fund's expansion in the Gulf, will return to trading with renegotiated risk limits after suffering low single-digit losses in London. Eisler Capital has been restructuring and expanding, with Oakley now being the sole portfolio manager in Dubai as the company aims to have a larger presence in the region by the third quarter of the year.
Source: YAHOO