Please ensure Javascript is enabled for purposes of website accessibility

New options-based hedge fund Red Matter Management starts up in Lancaster County

Its name smacks of science fiction, but Red Matter Management Group LLC is real, and it’s out to make a big profit on what could happen — or what may never happen — on the S&P 500 stock index.

Its name smacks of science fiction, but Red Matter Management Group LLC is real, and it's out to make a big profit on what could happen — or what may never happen — on the S&P 500 stock index.