Esposito Securities, LLC, is significantly expanding its quantitative trading group. The Firm has been growing its revenues despite the downward market, and is aggressive during a time in which many are retracting. “Expanding our business is a testimony to my philosophy of intelligent fiscal practice combined with a commitment to growth. We always have our eyes on additional products designed to optimize our service offerings. Esposito Securities listens to its clients and anticipates their needs,” states Mark Esposito, founder and CEO.
A seasoned group of professionals with senior level positions has been created to execute this expansion. JONATHAN LUDWIG is heading up the team and is a 15 year veteran of algorithmic trading. He has served as a proprietary trader for SAC Capital Management and New Paradigm Asset Management, utilizing high-frequency and medium frequency trading strategies. His experience on the sell-side includes Bear Stearns and ITG, both as an algorithmic trading analyst/trader and broker. Jonathan seeks to build out Esposito’s quantitative trading group both domestically and internationally, in equities as well as other asset classes.
GARY KONIGSMARK has over 25 years experience in Information Technology. Gary began his career as an Air Force pilot. He flew over 3,500 hours in KC-135 tankers on worldwide missions and was promoted to lead the computer and communications division at Wright-Patterson AFB in Ohio. He earned a Bachelor of Science in Engineering from the US Air Force Academy, and also received a Master of Science in Operations Management from the University of Arkansas. Gary is a Microsoft Certified Systems Engineer and a Project Management Professional.
VALAPET BADRI comes to Esposito Securities with over 16 years of experience in the securities industry. Badri brings in a combination of quantitative modeling experience in the industry along with the latest theoretical developments from academia. Badri specializes in IPOs, options and MBS and has extensive experience in risk models. Primarily based out of the NY/NJ area, Badri has consulted for several Wall Street firms including Goldman Sachs, Merrill Lynch, JP Morgan, and Bank of America and recently was an employee at Morgan Stanley. While at Morgan Stanley, he has collaborated with academics at Princeton University and has always been actively working towards promoting industry-academic collaboration. Badri holds a M.S. in Electrical Engineering and began his career as a technologist working for Sybase Inc."
BOBY PAUL has over 14 years experience in Software development with a majority of that time spent in the securities industry. He has extensive knowledge in developing software for multiple asset classes including equities, FX and options. He worked mainly on real time application using C/C++ and JAVA on Unix, Linux and Windows platforms. Previously he held senior software engineer positions in Honeywell, Schonfeld Securities, Banc ofAmerica and Texas Instruments. Boby holds an M.S in Computer Science
from Polytechnic Institute of NYU, New York.
RICHARD YIUM has worked the last 13 years at American Airlines in the capacity planning group supporting the airline’s scheduling system and revenue management group supporting the fare management system in Fort Worth Texas. He graduated from the University of North Texas with a BBA in Business Computer Information Systems. He has development experience in Java, C++, Oracle and other programming languages.
SHANNON RHODUS comes on board with 12 years of development experience and 5 years experience in equities, FX, options, futures markets. His experience includes 3 years of design and development of algorithmic trading systems.
MICHAEL MARCHAND is a 10 year equity trading veteran with a wide range of experience, most recently as Vice President of Institutional Sales Trading with Stephens Inc. in Little Rock. Prior to his stint in Arkansas, Mr. Marchand worked with Mark Esposito at Southwest Securities and again at Fulcrum Global Partners focusing on Program Trading and Sales. Michael joins Esposito Securities to help increase institutional sales coverage and trade for the quantitative trading group.
RAJIV CHAUHAN graduated in C.Sc (BTech, equivalent to BS) from one of the premier institutes in India and is currently pursuing part-time MS in FM from University Of Chicago; His passion is for the application of technology and engineering, programming and handling challenging design problems. He joins Esposito from UBS.
STEPHEN CROWLEY has been in the software industry for over 8 years and has been working over the past 3 years analyzing tick data and studying mathematics for high frequency trading strategies.
After studying economics at the University of Connecticut, Sean Christie garnered buy-side experience at a boutique firm on Wall Street. In 1998, after three years of managing client assets he began his trading career as a proprietary trader, creating alpha from a unique set of personalized tools. Following two extremely successful years, Sean segued into algorithmic trading by accepting the President and CEO positions at S&PG Asset Management, a privately held Texas quant fund, where he gained acclaim for successfully building fully-automated, statistically-based trading models over the course of eight years. An avid runner, competitor and artful chef, Sean, equipped with over 14 years of financial market experience, knows what it takes to build success in any market…and is always up to the challenge.
Mark Esposito summed up the quality of the new hires: “People are our firm’s greatest asset, and I am very pleased with the vast tenure and talent of the additions to our quant team.”
Other qualified applicants with backgrounds in technology, quantitative trading and sales trading are encouraged to forward their resumes to resumes@espositoglobal.com as Esposito Securities continues to expand its operations. With a commitment to sit people anywhere in the world, geographic expansion represents the platform for continued growth.
Esposito Securities, LLC, is a subsidiary of Esposito Global, and provides global trading services across many asset classes. A growing list of clients use our services, including registered investment advisors, mutual funds, hedge funds, ETF’s, closed end funds and unit investment trusts with trillions of dollars in assets. The benchmark of Esposito is a commitment to customer service.
Esposito Securities is changing the face of finance. Become a part of our world.
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