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TRX Tower Research hires Millennium veteran Marvin Arteaga for mid-frequency trading
Hedgeweek reports that Tower Research has appointed former Millennium executive Marvin Arteaga as head of mid-frequency trading strategies, citing eFinancialCareers. Arteaga spent 12 years at Millennium, primarily as head of algorithmic execution technologies, after seven years developing algorithmic trading systems at Bank of America. The appointment supports Tower's expansion into mid-frequency trading, which holds positions from minutes to days.
Why “Unverified”
- Reported by Hedgeweek alone, with no second source or primary confirmation yet
1 independent source group across 1 post · evidence score 48/100. How labels work
What the sources claim
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Tower Research appointed former Millennium executive Marvin Arteaga as head of mid-frequency trading strategies.
“Tower Research has appointed former Millennium executive Marvin Arteaga as head of mid-frequency trading strategies”
Hedgeweek -
Arteaga joins Tower after 12 years at Millennium, where he primarily served as head of algorithmic execution technologies.
“Arteaga joins the New York-based firm after 12 years at Millennium, where he primarily served as head of algorithmic execution technologies”
Hedgeweek -
Arteaga previously spent seven years developing algorithmic trading systems at Bank of America.
“He previously spent seven years developing algorithmic trading systems at Bank of America”
Hedgeweek -
Mid-frequency trading involves holding positions for periods ranging from minutes to days.
“which involves holding positions for periods ranging from minutes to days”
Hedgeweek
Sources
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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-11-04 10:00 UTC. Labels are computed from the sources, not by the model.