After hedge fund giant Tiger Management shut down last spring, many of Julian Robertson’s traders and analysts rushed to launch their own hedge funds.
By David Schutt
December 2000
Institutional Investor Magazine
Dan Morehead, chief financial officer and head macro trader at Tiger, is trying something more original , and risky in a different way. The 35-year-old is moving to London to head Atriax, a start-up backed by Chase Manhattan, Citibank, Deutsche Bank and Reuters that hopes to become the premier online foreign exchange network. The system is expected to begin clearing trades in the second quarter of 2001. Sadly, one potential Atriax client won,t be around to use the system. “Tiger entered trades in five different systems,” says Morehead. “We put a lot of effort into streamlining processing and analyzing flows in the markets , things that are much better done electronically
