Citadel trader Malyshev resigns-report

Reuters – Citadel Investment Group LLC trader Misha Malyshev, who helped two of the firm’s hedge funds gain about 40 percent last year, has resigned, Bloomberg News said on Thursday, citing a person familiar with the firm.

Malyshev was head of "high-frequency" trading, a computer-dependent strategy used by two of the firm’s hedge funds, and left this week with two members of his team, the report said, citing the person.

Malyshev is unlikely to start or work with another fund in the next 18 months because of contractual restrictions, the report said, citing the person.

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