Director - Equity Trader
PROFILESeasoned finance professional with expertise in trading for Portfolio Managers at Long / Short firm focusing on fundamental equity strategies in multiple sectors. Extensive knowledge of electronic platforms and program trading. Strong communication skills. EXPERIENCEBLACKROCK/MERRILL LYNCH ASSET MANAGEMENTSenior Equity Trader, Blackrock Americas July 1984 –September 2015 • Trade for $200 billion in actively managed assets • Facilitate best execution while managing risk and reducing slippage from arrival price • Trade as generalist and sector trader (Energy, MLP’s, Consumer, Industrial, Materials, Utilities). • Extensive program trading knowledge and primary trader • Expertise in syndicate trading • Proficient in utilization of various algorithms and high touch venues. Utilize multiple algorithms, dark-pools and block trading venues to mitigate information leakage and avoid high frequency programs and other toxic liquidity• Create custom algorithms with brokers to improve the implementation and quality of the trading desk’s execution• Information resource to portfolio managers and analysts for the investment decision process.• Knowledgeable of all trading platforms to eliminate and reduce risk• Constantly monitor stock portfolio and keep Portfolio Managers and Analysts informed of significant changes in position exposure, flow, and volume that could result in better trading opportunities• Compile daily new summary on multiple sectors and overall market backdrop by scanning numerous news sources to help Portfolio Manager make informed investment decisions• Help manage commission budget and quarterly research vote to ensure that counterparties are allocated the proper payments for resources used during the quarter• Experienced in all compliance issues related to trading • Understanding of market structure and ability to adapt accordingly