Publications
Publications
- April 2015
- HBS Case Collection
Domeyard: Starting a High-Frequency Trading (HFT) Hedge Fund
By: Lauren Cohen, Christopher Malloy and Matthew Foreman
Abstract
The principals at Domeyard, a start-up high frequency trading (HFT) hedge fund based in Cambridge, faced a myriad of important decisions: which markets to trade on, how to raise capital, and from whom to raise capital. Many of these decisions were standard for start-ups, but some were unique to hedge funds—among them choosing the right fund structure, as well as how to raise capital for the management company versus raising capital to invest. Given the recent backlash against HFT, the question of whether they should delay any launch also loomed large.
Citation
Cohen, Lauren, Christopher Malloy, and Matthew Foreman. "Domeyard: Starting a High-Frequency Trading (HFT) Hedge Fund." Harvard Business School Case 215-036, April 2015.