[Former Jump Core Quantitative Researcher Yiming Zhang Secures Seed Funding from Millennium] Odaily Planet Daily reports: Sources reveal that former senior quantitative researcher at Jump Trading, Yiming Zhang, has received seed funding support from hedge fund giant Millennium Management after his departure. In the future, he will operate as an external manager. Yiming Zhang worked at Jump for 17 years and was a key member of the core strategy team. His new role is expected to officially commence after the expiration of his non-compete agreement. Industry insiders point out that Millennium Management has been steadily expanding its footprint in recent years by providing funding support to external teams, establishing itself as one of the key "incubators" in the hedge fund sector. (BusinessInsider)