PROFESSIONAL EXPERIENCE

FLEXTRADE SYSTEMS INC. , Great Neck, NY 2002 -

Responsible for the design, implementation, and deployment of cutting-edge multi asset algorithmic trading modules for FlexTrader, the leading independent algorithmic trading system for hedge-funds, broker-dealers and investment management firms.
Designed and implemented strategies for options and warrants trading (volatility, spreads, hedging, contingent orders), international-pairs, risk-arbitrage, convertible bonds, VWAP, ETF market-making, index-arbitrage, portfolio liquidation, and program trading.
Manage group of strategists. Ensure quality on-time delivery of products.
Assist clients in specification and implementation of algorithmic trading strategies.
Pre-sales presentations to global prospective clients.

N & T ASSOCIATES, LLC, New York, NY 2001 - 2002

Conducted statistical arbitrage research. Back-tested models to validate performance. Analyzed transaction costs and slippage. Wrote proposals for hedge fund investment.

SENGENT.COM, Boca Raton, Florida & New York, NY 2000 - 2001

Director, Quantitative Development

Responsible for the architecture, specifications, and design of an internet-based automated personal financial advisor. Developed selection criteria to categorize investors by risk profiles. Created portfolios consisting of a passive index component and an active stock selection component.
Developed statistical arbitrage models based on Arbitrage Pricing Theory (APT). Calculated principal components and performed statistical regressions to determine how the derived factors explain stock returns. Back-tested models under various market scenarios.

N & T ASSOCIATES, LLC, New York, NY & Minneapolis, MN 1999 - 2000

Consultant

Retained as consultant to a large Minnesota-based hedge fund seeking to profit from index arbitrage and to hedge its options positions using stock baskets. Examined, selected, and integrated external algorithmic trade execution system.
Retained by a private investor to analyze and validate signal-based stock trading model.

D. E. SHAW & CO., New York, NY 1995 - 1999

Vice President, Trader and Manager

Founded index arbitrage group. Hired and supervised traders and programmers. Managed index portfolios. Developed algorithms and design specifications for cutting-edge trading system. Negotiated with clearing firm to reduce financing costs.
Traded statistical arbitrage book.
Traded agency baskets, pairs, and individual stocks. Executed VWAP and contingent orders.
Designed specifications for automation of pairs-trading execution. Used expertise in working of limits to obtain best execution for contingent orders.
Used expert knowledge of futures and options trading to hedge portfolios when committing capital.

BEAR, STEARNS , New York, NY 1993 - 1994

Associate Director, Trader

Managed index portfolios.
Supervised software developer to build index arbitrage system. Specified trading analytics and algorithms.
Traded index options, index futures, and stocks.

NOMURA SECURITIES INTERNATIONAL, INC. , New York, NY 1990 - 1993

Promoted to senior trader and managed a $2 billion book, $10 million annual revenue, with a return on regulatory capital in excess of 20%.
Directed software development team in creation of program trading and index arbitrage systems. Wrote trading specifications and designed efficient algorithms to meet real-time trading requirements.
Developed a derivatives trading book. Managed highly profitable derivatives portfolio.
Traded domestic and foreign futures and options.

SALOMON BROTHERS , New York, NY 1987 - 1990

Working with senior traders, designed and lead development team for algorithmic program-trading system, allowing Salomon to expand program trading and index arbitrage businesses.

MS, Computer Science, Stanford University, 1987

MBA, Finance, University of California, Berkeley, 1983

MS, Nuclear Engineering, University of California, Berkeley, 1979

BS, Nuclear Engineering, SUNY, Buffalo, 1978

UNIX, Linux, C, awk, MatLab, Windows, C++, Java

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