Chat With Traders3 Joulu 2015

049: Haim Bodek – Exposing the ‘Cheats’ on Wall Street, with HFT Whistle-Blower & Market Structure Mastermind

There’s a very special guest on the podcast this week, who I’m excited to introduce… His name is Haim Bodek, although some refer to him as ‘The Algo Arms Dealer’ (and I totally understand why). Haim began his trading career at Hull Trading, a prestigious firm well known for driving forward innovation in the domain of automated trading. Following Hull, Haim then went into significant roles at Goldman Sachs, and UBS – which are all discussed during the interview. But to further set the scene, in 2007 Haim founded Trading Machines, a high frequency trading operation. At the peak, Trading Machines accounted for 0.5% of all options trading volume, with a team of 25 (one of who, was Bryan Wiener of EP 040). All was well for a couple years until the beginning of 2009, when Trading Machines ran into issues and began to bleed money, for unknown reasons. Until Haim later discovered, at the root of the problem were secretive order types being used by a select few firms, giving them an unfair advantage to front-run the orders of other participants. With this discovery, Haim went to the SEC to raise his concern about such order types – little did he know at the time, that this would be the beginning for one of the most sophisticated and complex investigations carried out by the SEC to date. So of course, we speak about all of this in much more detail during the interview. And we also speak about another fascinating topic – which is, Payment for Order Flow. Haim shares with us what is really happening to your orders after you click the button to buy or sell – you might even be surprised to find out that a large majority of retail orders, never even make it to an exchange… Learn more about your ad choices. Visit megaphone.fm/adchoices

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171: Stan Gluzman – Raid the "Money Box"

It’s with great pleasure that I introduce to you, Stan Gluzman; an intraday equities trader at proprietary trading firm Seven Points Capital. Stan also heads up a small team of junior traders at one o...

16 Helmi 20191h 18min

170: Joshua Greenwald – The Technology Edge—How a Team of Options Market Makers Found Success in Asia

My guest on this episode is Joshua Greenwald, the CEO of a newly formed crypto derivatives exchange, LXDX. But the part that got me keen to speak with Josh, was the fact that he was a professional tra...

17 Tammi 20191h 16min

169: Jack Ma – Strategies Die, Skills Survive

Jack Ma is a proprietary futures trader from Sydney and the head trader of Minter Capital—a firm he established this year, in which he currently mentors and backs a group of developing traders. Jack t...

20 Joulu 20181h 28min

168: Anand "Lucci" Sanghvi – Stay Alive, Wait for Your Market, Then All Guns Blazing

If you’ve been through the archives, then this weeks guest will be no stranger; it’s the options madman and trader of 10+ years, Anand “Lucci” Sanghvi. Lucci was one of the first guests to appear on C...

28 Marras 20181h 35min

167: Bobby Cho – Crypto’s Not Dead (It Just Went Pop)

Bobby Cho is the global head of trading at Cumberland—which is the crypto arm of Chicago trading firm, DRW and it’s one of the largest liquidity providers in the space. Prior to this, Bobby was direct...

31 Loka 201850min

166: Hugo Bowne-Anderson – The Trader’s Guide for Learning to Code (with a Data Scientist)

For this episode, I speak with Hugo Bowne-Anderson; a data scientist at DataCamp (an educational platform for learning to code) and host of the DataFramed podcast. The idea for asking Hugo to appear o...

27 Syys 201857min

165: Michael Samuels – Speculating on Mergers—and a Case of “Excessive” Due Diligence

I was introduced to this weeks guest by an experienced trader and fund manager, who described him as being "hands down the best trader I know..." Michael Samuels is an equities trader, who once traded...

10 Syys 20181h 3min

164: Nick Fabrio – How to Scalp ASX Stocks and Make a Pretty Penny

Nick Fabrio is an exceptional day trader. With a bias for short selling and playing catalysts on the Australian stock market, Nick had surpassed a million dollars in trading profits within his first t...

1 Elo 20181h 25min