{"id":3674,"date":"2005-12-05T00:00:00","date_gmt":"2005-12-05T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"bonuses-top-10-million-as-hedge-funds-bid-for-energy-traders","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2005\/bonuses-top-10-million-as-hedge-funds-bid-for-energy-traders.html","title":{"rendered":"Bonuses Top $10 Million This Year as Hedge Funds Bid for Energy Traders"},"content":{"rendered":"<p>  Bloomberg &#8211; Glencore International AG, one of the world&#8217;s biggest traders of oil, coal and metals such as zinc, had a special musical guest for its last Christmas party: Sting.<\/p>\n<p>  Employees of the Baar, Switzerland-based company are expecting another headliner this year, after oil prices soared to records and metals from aluminum to gold rose to their highest in more than a  decade, sparking competition for commodities traders.<\/p>\n<p>  Banks such as Citigroup Inc. and JPMorgan Chase &amp; Co., and hedge funds including the $12 billion Citadel Investment Group LLC are adding energy and metals traders to profit from high prices and  increased volumes. Top energy traders may receive bonuses of as much as $10 million this year, up 50 percent from 2004, as firms fight to attract and retain talent.<\/p>\n<p>  <a href=\"http:\/\/c.moreover.com\/click\/here.pl?b433394096&amp;r=MSNnews\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Glencore International AG, one of the world&#8217;s biggest traders of oil, coal and metals such as zinc, had a special musical guest for its last Christmas party: Sting. Employees of the Baar, Switzerland-based company are expecting another headliner [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3674","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=3674"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3674\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}