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Options Market Maker, Risk Manager

Location:
Naperville, IL, 60540
Posted:
October 05, 2016

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Resume:

Marios K. Sinapoglou

**** *********** ****** • Naperville, Illinois 60564 • 773-***-**** • acwxax@r.postjobfree.com

Accomplished, results-driven and tactical professional with proven success in various areas of options trading, market making, research/analytics and financial services seeks a challenging new role in a progressive organization offering opportunities for advancement.

AREAS OF SPECIALIZATION

Options Trading & Market Making:

• Extensive experience executing diverse derivatives trade orders (i.e., VIX, Corn, Soybeans, Wheat, Hogs, Cattle, Coffee, Sugar and Equity/Index) for proprietary accounts in various high/low volatility market environments, including electronic and open outcry.

• Manage all aspects of strategy development and implementation while leading market making and executing high volume spread trades of diverse options products.

• Direct responsibility and full authority to maximize profits and minimize risk in trading.

• Employ a disciplined, risk-controlled trading strategy based on market-driven issues, trends and volatility

spreads to maintain profitability; administer volatility arbitrage for American/European equity derivatives.

• Analyze, execute and oversee all trading strategies, including developing risk management/trading models.

• Actively monitor market activity to quickly identify and analyze trade discrepancies, market disrupts

and price abnormalities, as well as apply data to the formulation of risk management strategies.

• Ensure timely and accurate trading positions, working in conjunction with custodians and brokerage community

representatives in a call around market to promptly identify and resolve discrepancies and settlement issues.

Research & Market Analysis:

• Utilize refined technical and financial market analysis abilities to effectively recognize, manage and reduce risk, ensuring the achievement of a profitable, speculative trading book.

• Evaluate positions predicated on fundamental and technical analysis to implement trading strategies.

• Formulate trade strategies based on economic, political, fundamental and international influences, as well

as personal trading disciplines and risk parameters.

Staff Training & Development:

• Recruit, hire, train and develop trading personnel; regularly assess staff risk/P&L/performance levels, identifying areas in need of improvement and implementing corrective actions when necessary.

• Spearhead the full-scale development and implementation of innovative training programs for new hires.

• Facilitate educational initiatives to enhance trader proficiency in theoretical and applied market making.

SELECTED ACHIEVEMENTS

• Orchestrated the full-scale development and implementation of an innovative new system designed to improve upon existing Calendar Spread Options (CSOs) pricing strategies (Drowst/Sumo Capital).

• Championed the establishment and ongoing management of an international trading operation developed through a strategic joint venture agreement with a Dutch trading organization (AOT USA/Drowst).

• Analyzed economic data and risk within volatile market conditions, consistently maintaining profitability throughout career, including during times of extreme economic turmoil.

PROFESSIONAL CHRONOLOGY

DROWST TRADING LLC/SUMO CAPITAL GROUP Chicago, Illinois 2009 to Present

Options Market Maker/Portfolio Manager- CBOE (2013 to Present)

Options Market Make/Commodity Trader - CME CBOT, NYBOT (2009 to 2013)

DROWST TRADING LLC Chicago, Illinois 2001 to 2009

Options Market Maker/Electronic Trader- CBOE

AOT USA/DROWST TRADING LLC London, England 2000 to 2001

Options Market Maker/Partner - LIFFE, EUREX

MKS ASSOCIATED LLC Chicago, Illinois 1998 to 2000

Options Market Maker - CBOE

CHATFIELD DEAN Chicago, Illinois 1997 to 1998

Stock Broker

CREDENTIALS, FORMAL EDUCATION & TECHNICAL ACUMEN

Licensures: Series 7; Series 56

UNIVERSITY OF ILLINOIS Urbana-Champaign, Illinois Bachelor of Science in Finance

Proficient in the use of Microsoft Office Suite, Bloomberg, MicroHedge, Actant, RTS, ORC and Options City.



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