CHRISTOPHER RIES
Minneapolis,MN
Summary
Experienced market-making trader and analyst specializing in emerging trends, strategic analysis, and trades for maximum ROI and profitability. Successfully managed options trading, developed trading platforms, and implemented effective hedging strategies. Consistently projected and delivered optimal portfolio performance while minimizing risk in fast-moving, high-productivity hedge fund environment for over 19 years. A tireless producer, diligently perfecting algorithm functionality, capitalizing on favorable trading opportunities, and devising dynamic strategies to exploit volatile markets. Resourceful researcher and problem solver, motivated to tackle tough challenges, decipher complex equations, and analyze an ever-changing set of quantitative data. Contributed to technological innovation by growing electronic trading presence through collaboration on the development of an internal trading platform. Proactively interfaces with multidisciplinary colleagues and external resources to integrate and accomplish trading, quantitative research, and technology initiatives. Strengths include global market trending and evaluation, option valuation, high-value transactions, comprehensive due diligence, financial models, risk metrics and analysis, volatility assessment, quantitative analysis, financial analysis, portfolio risk management, performance reporting, continuous improvement, and regulatory compliance.
Overview
19
19
years of professional experience
1
1
Certification
Work History
Head of Index Volatility
WALLEYE TRADING ADVISORS
11.2005 - Current
- Responsible for the build out of a multi-strategy index team mainly focused on market making with added sub strategies for independent profit generation.
- Direct a team of 5 floor traders in the S&P 500 Index(SPX) pit.
- Personally account for 50% of the groups trading edge by trading thru the IDB market.
- Primary risk manager for the market making group and sub portfolios.
- Leveraged Walleye's proprietary database in developing RV, HFT and trend following strategies across multiple index products.
- Developed profitable DTE-0 trading strategies.
- Manage the group's interest rate exposure.
- Enhanced electronic trading presence.
- Assisted in modeling, developing, constructing and implementing a front-end trading system that included a complex order book, electronic quoting, and FPGA order taking.
- Analyzed counter-party data to determine toxicity of flow.
- Enhanced efficiencies and system performance by troubleshooting problems, identifying bugs and testing improvements.
- Concurrently spearhead, build out, and execute profitable trading positions on the CBOE VIX desk
- Earlier experience focused on U.S Equity Options and the Korea Composite Stock Price Index (KOSPI200).
CBOE VIX Manager
WALLEYE TRADING ADVISORS
01.2012 - 01.2021
- Designed and implemented proprietary strategies and guided 1 trader in the VIX pit when charged with sole responsibility for heading up and growing presence in the VIX.
- Built VIX market making systems for electronic trade execution.
- Delivered consistent high-value returns each year by remaining agile and taking a conservative risk position.
Education
Master of Science (MS) - Physics
UNIVERSITY OF ILLINOIS CHICAGO
Chicago, ILBachelor of Science (BS) - Physics
UNIVERSITY OF ILLINOIS CHAMPAIGN-URBANA
Champaign, ILSkills
- Database Queries
- Bloomberg
- Microsoft Office (Excel, Word, PowerPoint)
- Groovy
- Java
- VBA
Certification
Series 24, Series 56
Personal Information
University of Illinois Football Team
Hobbies include rugby, cycling, fishing or anything outdoors.
Relocation: Open to Relocation
Timeline
CBOE VIX Manager
WALLEYE TRADING ADVISORS
01.2012 - 01.2021
Head of Index Volatility
WALLEYE TRADING ADVISORS
11.2005 - Current
Master of Science (MS) - Physics
UNIVERSITY OF ILLINOIS CHICAGO
Bachelor of Science (BS) - Physics
UNIVERSITY OF ILLINOIS CHAMPAIGN-URBANA
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