What’s news around the hedge fund industry for Friday, Aug. 3, 2012:

Around the web

Errant trades reveal a risk few expected. (DealBook)

Trying to be nimble, Knight Capital stumbles. ()

HFT traders under fire after algo glitch. (Financial Times)

Hedge funds benefitting from New Jersey alternatives investment. (HedgeFund.net)

Ex-Citadel credit chief Chris Boas said to plan new fund – Longwood Credit Partners LP. (Bloomberg)

Paranoia clips a hedge fund fraudster. (The Australian)

Hedge fund death by rogue algorithm?. (TABBForum, registration required but worth it)

Buried in details, a warning to investors. (NYT.com)

Peregrine Financial Group CFO Brenda Cuypers subpoenaed: sources. (WSJ.com)

People moves

Longtime SEC director Robert Plaze retires. (HedgeFund.net)

This entry was posted on Friday, August 3rd, 2012 at 6:37 pm and is filed under News Roundup. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.