Daniel Steuer

Trader/Sales of agency/non-agency derivatives and cmo's. Target client base is institutional, mostly hedge funds and money managers. Includes hedging and marketing of positions as well as working client orders.

Traded nonagency (alta/prime) fixed/floating/deriv rmbs. Traded with roughly 20 salespeople. President of Best Execution Committee.

Traded for risk position. Wide span of regional dealer and institutional clients. in non-agency, focus was on top of the stack, while John Devaney focused on the bottom of the deals. worked with a true class act in every way.

Structured new issue remic classes to create an arbitrage.

Traded Agency and Non-agency cmo positions for risk. Was trained in hedging by Stan Kurland, founder of Pennymac. Serviced regional dealers and twenty institutional salespeople. Became one of the largest sellers of rocket z's. Was first call by many primaries. co-managed Non-agency new issue deals with primary dealer partners - most commonly with DLJ and with Bear. WAS THE FIRST CMO TRADER AT COUNTRYWIDE.