Voltaire Capital and the prop shop that changed its spots
London-based start-up joins liquidity contest via buyout of Chicago HFT firm
The short and unorthodox life of Voltaire Capital reveals a lot about the unusual period through which banks are currently stumbling. Founded in 2013 on the back of family office money, the London-based firm's aim was to play a role in the disintermediation of bank trading desks, but it spent months bogged down in talks about joint ventures, spin-offs and other strategic transactions, before deciding last year that the smartest move would be to buy a high-frequency trading firm, rebrand it, and
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