Many people assume more proprietary traders (proprietary trading news) will find themselves working at hedge funds. And more than a few of them will likely end up miserable. They could have worked at hedge funds all along. But they opted for the life of a prop trader because of the rare freedom to ply their trade without being encumbered by the business of marketing and client relations.

This is especially true now, when hedge fund investors are placing a premium on everything other than the actual trading--third party administration, compliance and on and on. Some have made the transition.

Reuters notes the case of Eric Mindich, a proprietary trader at Goldman Sachs before starting up Eton Park Capital Management. But the "business" side is not for every trader. Perhaps we'll see some just manage their own funds for a living. But others will at least try to make the jump. We're seeing a bump in hiring already.

For more:
- here's the article

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