Created the Listed Options activity at Tykhe
Although several diversification efforts were in progress, I realized upon joining my company that the Equity Derivatives group had a large focus on Convertible Bonds. I therefore used my experience in option trading, as well as my activity building skills, to diversify this mix with a Listed Options Trading activity.
Developing the vanilla option activity required the following steps:
Introduced an option pricer based on the MatLab infrastructure already available within the firm
|Dividends||Adapted my European dividend forecasting model to US shares|
|Risk management||Used in my own excels the risk results computed by the Middle-Office system to create an efficient real-time risk & PL management environment|
|Research & opportunity detection||
Created a tool to instantaneously collect information about stock and sectors. This concerned both:
Registered the company to all the Broker Dealer research.
Initiated stock and sector comparisons to detect opportunities.
Initiated contacts with brokers, traders and sales
Initiated the effective trading, starting with the Oil and Reit industry.
Followed up with all the activity by sorting out all the middle and back mishaps