Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

To submit industry-related press releases or request feature ideas please contact

News Archive

Read More Industry News >

Chicago Trading Firm Shutting Down

Mar 06, 2014
Jing Chen

High-frequency trading firm Infinium Capital Management has reportedly stopped trading and in the process of winding down following financial woes.

The Chicago-based firm told Reuters that it has already sold five trading desks to foreign-exchange brokerage FXCM. FXCM and a subsidiary have also hired 48 Infinium employees to trade for a new joint venture, V3 Markets. Additional details regarding the sale were not disclosed.

Infinium’s closure “reflects pressures on high-speed trading firms stemming from increased competition and regulatory oversight, low interest rates that have hurt volume and volatility, and the uncertain global economic recovery.” The firm lost $6.6 million in 2012 and $6.1 million from January 1 to July 31, 2013, according to the article.

Infinium traded in commodities, energy and other markets.

Read More Industry News >

eVestment’s 2015 Hedge Fund Industry Outlook

Read More