Experience

Promoted twice in four years, from Director to Manager (Level II), and received two research achievement awards.

Systems and operations

• Defined requirements and partnered with the Technology Department to ship several system features, including online market-maker applications, the daily options trading report, the weekly trading report, and futures and options product evaluation.
• Tested the portfolio margining function with the Clearing Department.

Market-maker operations

• Ran day-to-day market-maker operations: tuned market-maker parameters in the trading system, reviewed and processed applications, and conducted annual inspections and performance evaluations.

Market-making program

• Monitored liquidity and contract characteristics across the products in the market-making program, and wrote up the analysis as reports.
• Worked with colleagues to set each period's program terms: quoted spreads, minimum quoting-time ratios, incentive schemes, and market makers' rights and obligations.

Reports and research

• Produced the daily and weekly trading summaries, and the monthly and annual evaluations of futures and options products.
• Wrote research on market-making design, including how overseas exchanges structure market-maker obligations, requirements, and incentives.

• Improved the copper supply-and-demand database, making it easier to use and better organized.
• Wrote daily market-close commentary, adding tracking of limit-up stocks.
• Contributed to weekly and research reports on copper and manganese, including an analysis of the opportunities and risks in copper financing arbitrage, and prepared the slide presentations.

• Built databases for financial-market and CPI commentary data on my own.
• Wrote strategy summaries, closing-data analysis, and reports on financial and CPI data.
• Supported thematic research on import substitution, sector funds, and high-dividend equities by building datasets and structuring report content.