DERIVATIVES TRADER/FINANCIAL ENGINEER
Accomplished derivatives trader and analyst offering series of successes in profitably trading and evaluating emerging markets products and options positions. Nearly a decade of experience in derivatives with an exceptional track record of results on multiple exchange floors and on-line exchanges. Existing network of contacts, numbering in the hundreds, across brokerage firms, hedge funds, investments banks, and proprietary trading firms. Extensive knowledge of front end trading systems, with strong ability to identify new product applications, train users, and provide functional support. Strong knowledge of Global Financial Markets and Financial Instruments: Equity, Equity Index, Fixed Income, Credit and Commodity Derivatives. Knowledge of risk analysis/management as it relates to physical and/or financial transactions, for natural gas, power, oil, base metals and precious metals. Recognized as serious, responsible professional committed to firm’s achievement. Cool under pressure, decisive trouble-shooter, and great at building relationships with a wide variety of personalities. Areas of expertise include:
Quantitative Analysis Equity Options Trading & Analysis Physical Commodities
Commodity Options Excel / VBA Program Development Risk Management
Microsoft Excel… Visual Basic… MicroHedge…RTS. . .Whentech… AT Financial… Redi…Actant… Thompson Financial…Bloomberg… Edge Specialists…
SAS…SPSS…C++…C#... SQL….Access… PowerPoint…
COMMODITIES ANALYST 2007-Present
HarryCapital; New York, NY
Member of the NYMEX, trading Natural Gas options on the trading floor, on the OTC market, and electronically. Develop quantitative models to evaluate volatility and skew in Crude oil, Natural Gas, and Gold derivatives.
Spearheaded firm’s electronic trading division, using the front-end platform.
Trained and provided functional support for colleagues in real-time use of the front-end platform.
In charge of developing pricing, market parameters, trade capture and position keeping system.
Provided issue solution management processes through database query building, system synopsis and post project implementation support.
Ensure standard Business analysis deliverables within a System Development Lifecycle (Business requirements, functional specifications, integration tests definition, user acceptance testing definition , support).
EQUITY AND COMMODITIES ANALYST 2003 – 2007
Madison Options Group / Toro Trading / Tahoe Trading; New York, NY
Evaluated precious metals, base metals, oil, gas and power markets providing fundamental analysis of all energy commodities, short and medium term price forecasting and strategy development. The evaluation process includes all factors that influence supply and demand. For the physical commodities markets in producing countries, they include economic growth and outside forces that influence prices. Technical analysis is strictly based on inside market forces. It involves tracking past price patterns. Analysts focus on a variety of time frames, and trading decisions are based on past tendencies with the idea that these price patterns tend to repeat themselves.
Traded emerging markets products, hedged with basket of stocks, and traded hundreds of equity and currency options positions. Managed portfolio risk, tracked component stocks in QQQ Index hedged with futures, and capitalized on arbitrage opportunities. Traded BTK, XNG and XBD indices and hedged using a dispersion strategy. Member of CBOE, AMEX and PHLX
Saved Madison Trading LLC millions of dollars by enabling Risk Manager to accurately evaluate group’s risk through development of Excel program that captured and streamlined live data from MicroHedge and Bloomberg, providing minute-to-minute risk report of firm’s entire portfolio.
Provided issue solution management processes through database query building for variables that need to be managed for all standard products in the US and European physical businesses.
Provide guidance on the economics of physical transactions to internal clients and team members
Drove firms’ success by creating computer programs in Excel and VBA that enabled all traders to effectively price multiple strategy options quickly & accurately, combining functions for capture, derivation, and validation to support maximum profitability.
Delivered $500K in savings to Madison Trading LLC by assisting traders in developing comprehensive risk management programs that reduced firm’s exposure to large market moves, including multiple risk management tools for fixed income products: options, swaps, and CDO’s.
Made markets in 150 products on the AMEX and CBOE, yielding profits in up to 90% of all products traded.
Spearheaded the creation of financial models using VBA/Excel for a carbon trading/weather derivatives project, reporting directly to the CFO and CEO.
Stayed ahead of trouble-shooting, implementing database solutions quickly and effectively.
EQUITY DERIVATIVES TRADER 2000 – 2003
Sabre II LLC; New York, NY
Designed and managed personal portfolio of 500 options contracts and 10K shares of stock per day. Supported firm’s market makers by administering account, equity haircut, and business expenses; negotiating clearing rates, stock fees, and seat leases; and providing hardware/software support.
Played instrumental role in yielding company $20M+ in 2 years by capitalizing on arbitrage opportunities and mispriced options through creation, development, and implementation of three VBA/Excel matrix / database programs designed to evaluate volatility in index versus component stocks, historical versus implied volatility, and earnings.
Budget analysis and utilization of corporate budget system.
Work with traders, marketers, brokers, back-office, counterparties, Office of General Counsel, contract administration, senior management, and others to identify, reconcile, and resolve discrepancies and disputes.
Developed several VBA/Excel programs for use by front & back offices to price derivative products.
Advised and led two market makers with $3M in net asset value in methods of reducing risk.
Designed and developed computer applications in VBA using Excel to quickly evaluate risks and opportunities in marketplace, enabling firm’s traders to beat competition to good trades.
Created and supervised risk management archive applications using VBA/Excel.
Generated a VBA/Excel program to correlate BTK Index with basket of component stocks to determine which stocks were best hedges to the index.
Performed analysis, testing, and support of systems and programs, responsible for all problem solving, trouble-shooting, and implementation of on-the-spot solutions.
QQQ EQUITIES CLERK 1999 – 2000
MVP Trading; New York, NY
Assisted QQQ equity trader on floor of American Stock Exchange to parrot real-time futures quotes. Determined profitable hedge opportunities and placed futures orders with Chicago Board of Trade.
Designed program in Excel to facilitate accurate determination of most profitable hedge opportunities.
Insured all trades cleared properly through close monitoring and follow-up.
EDUCATION & AFFILIATIONS
Bachelors –International Finance; University of Arizona; Tucson, AZ (1998)
University of California Berkeley (1997)
Member – American Stock Exchange (AMEX), Chicago Board of Options Exchange (CBOE), Philadelphia Stock Exchange (PHLX) and New York Mercantile Exchange (NYMEX)
Financial Analyst Junior Trader VBA
New York, NY - vba, analysis, master, france, trading, equity,...
Student at Fordham University
New York, NY - risk, vba, python, trading, risk management,...
Stamford, CT - vba, analyst, analysis, trading, quantity, film,...
Project Manager Management
Greenwich, CT - trading, vba, risk, risk management, capital,...
New York, NY - trading, vba, information systems, jquery,...
New York, NY - trading, modeling, vba, portfolio, signal, equity,...
New York, NY - trading, trader, steve, vba, strategies, l.l.c.,...