PDT Partners (Process Driven Trading Partners) is a hedge fund company, led by quantitative trader Peter Muller, that was founded in 1993 as part of Morgan Stanley's trading division and spun out as an independent business in 2012. It has offices in New York City and London. PDT Partners started out as a proprietary trading division (called the Process Driven Trading Group) of multinational financial services corporation Morgan Stanley in 1993. According to Bloomberg, PDT's investments have returned an estimated annual average of more than 20 percent through 2010. More information...
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