Summary
Overview
Work History
Education
Skills
References
Timeline
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Eric Ganser

Mishawaka,IN

Summary

Accomplished in derivatives trading and adept at fostering broker relations, my tenure at Citigroup Derivatives Market Inc showcases a robust track record in options trading and portfolio management. Spearheaded Gelber Group's SPX trading launch, enhancing efficiency and accuracy in high-stakes environments. Demonstrates exceptional teamwork and strategic insight, driving significant advancements in financial trading operations.

Overview

28
28
years of professional experience

Work History

Sabbatical

Maven
Chicago, IL
08.2023 - Current
  • Complied with mandatory one-year non-compete agreement ending in August 2024.
  • Utilized sabbatical to prepare for re-entering the job market after over 25 years on Wall Street.
  • Secured various job offers from prominent companies within the industry.
  • Concluded verbal agreement with Maven due to unresolved differences during noncompete negotiations.

CBOE SPX Pit Trader

Gelber Group
Chicago, IL
03.2021 - 08.2023

Senior SPX options trader.

Contributed to the startup of Gelber's CBOE SPX in-person trading operations.

*. Worked as a team member, streamlining pit trading software, communications, and option trading strategies.

  • Identified opportunities for improvement and increased efficiency in options trading operations.
  • Made instant bids and offers to buy or sell securities to the largest SPX brokers in the world.
  • Corrected trade errors and kept accurate documentation for records and audits.
  • Monitored portfolio performance to ensure that risk levels remain within acceptable limits.
  • Executed option trades and futures hedges through personal and group discretion.
  • Completed accurate settlement statement reconciliations with counterparties and exchanges.
  • Delivered presentations to key decision makers and offered financial recommendations.

Vice President/Options Trader

Citigroup Derivatives Market Inc
Chicago, IL
01.1999 - 12.2021
  • Citigroup tenure includes Arbitrade and Knight Financial
  • Executed option trades across diverse indices and ETFs including SPX, SP, SPY, NDX, ND, QQQ, MNX, DIA, DJX, GLD, SLV, OEX (Specialist) and RUT.
  • Traded SPX/SP options for 15+yr

FLOOR MANAGER/Analyst

Arbitrade
Chicago, IL
01.1999 - 12.2021
  • Supervised workforce exceeding 15 clerks across day-to-day tasks.
  • Special Responsibilities: Checking and executing stock orders on various platforms.
  • Instructed fundamental options classes.
  • Managed recruitment and termination processes for clerking staff.
  • Resolved trade discrepancies for a team of over 30 traders prior to digital implementation.

CLERK/Broker Assistant

Chicago Corp/ABN Amro
Chicago, IL
11.1997 - 12.1999
  • IBM/SPX Crowd clerk
  • Phone Clerk
  • Runner

Tour Staff

AVP Association of Volleyball Professionals
Newport Beach , CA
04.1997 - 08.1997
  • Managed onboarding and supervision of community-based personnel.
  • Maintained strong relationships with sponsors.
  • Supported senior leadership with administrative tasks.
  • Facilitated seamless coordination of event logistics.
  • Maintained vehicle safety and compliance.
  • Traveled extensively throughout the United States for operational duties.
  • Contributed to seamless execution of all workflows within a 7-member team.

Education

Some College (No Degree) - Liberal Arts and Sciences

Indiana University, Bloomington
Bloomington, IN

Skills

  • Broker relations
  • Option risk analysis
  • Derivatives trading
  • Commodity trading
  • Stock exchange
  • Options trading
  • Futures trading
  • Portfolio management
  • Certified professional trader
  • Markets and stocks
  • Financial market regulations

References

  • Ray Owens, Akuna Capital
  • Drew Becker, CTC
  • Brett Schroeder, formerly Citigroup..currently Walleye

Timeline

Sabbatical

Maven
08.2023 - Current

CBOE SPX Pit Trader

Gelber Group
03.2021 - 08.2023

Vice President/Options Trader

Citigroup Derivatives Market Inc
01.1999 - 12.2021

FLOOR MANAGER/Analyst

Arbitrade
01.1999 - 12.2021

CLERK/Broker Assistant

Chicago Corp/ABN Amro
11.1997 - 12.1999

Tour Staff

AVP Association of Volleyball Professionals
04.1997 - 08.1997

Some College (No Degree) - Liberal Arts and Sciences

Indiana University, Bloomington
Eric Ganser