Podcasts about haim bodek

Today's episode is sponsored by Origin Dollar: With U.S. inflation still at 5% and multiple CeFi lending platforms bankrupt, DeFi protocols that earn interest on stablecoins are again back on crypto investors' minds. See here for more details: http://realvision.com/origindollar Hyperion Decimus co-founders discuss how they deal with uncertainty around banking, regulation, and liquidity. Chris Sullivan and Haim Bodek, co-founders and co-portfolio managers of the crypto trading hedge fund Hyperion Decimus, join Ash Bennington to review the markets and discuss why crypto remains in regulatory limbo in the U.S. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Episode 275: This is a clip taken from the full interview with Haim Bodek on January 24, 2022. In this clip, Haim talks about the topic of dark pools. BooksAuthor: Haim Bodek1.The Problem of HFT2.The Market Structure Crisis Video Documentary: The Wall Street CodeSocial MediaHaim BodekTwitter: haimbodekwww.haimbodek.com

Episode 92: Haim Bodek joins the podcast to talk about his background on how he began his career in automated, electronic trading. Haim later became an SEC whistleblower after he discovered the problem of secretive order types being used by a select few firms, giving them an unfair advantage to front-run the orders of other participants. Haim talks about the experiences he had throughout this process from the past two decades and how it exists today. BooksAuthor: Haim Bodek1.The Problem of HFT2.The Market Structure Crisis Video Documentary: The Wall Street Code Social MediaHaim BodekTwitter: haimbodekWebsite: HaimBodek.com

Jonathan & Michael are joined by Chris Sullivan and Haim Bodek of Hyperion Decimus for a deep dive discussion into high-frequency trading, cryptocurrencies vs. central bank digital currencies, market structures and how assets will intersect with the emerging technology frameworks. Chris and Haim have deep experience in capital market trading and now apply in their work in the digital asset space as the leading digital asset fund in the market today. ABOUT HYPERION DECIMUS Hyperion Decimus, LLC is a Digital Asset advisory company that approaches investing in the cryptocurrency space from a perspective of market structure and liquidity arbitrage. By taking a disciplined, tech driven, multi-strategy approach to the cryptocurrency universe, Hyperion Decimus, LLC seeks to generate alpha over short and long term time horizons. HDCX, LLC, a wholly owned subsidiary of Hyperion Decimus, LLC, provides execution services in the cryptocurrency space. LEARN MORE AT: https://www.hyperiondecimus.com/ ABOUT CHRIS SULLIVAN Mr.Sullivan is the Portfolio Manager of Hyperion Decimus. Since 2007, Mr. Sullivan has been in the securities industry with a background in algorithmic portfolio construction, risk management,equity,futures, investment banking and derivatives trading. Mr. Sullivan holds Series 3, 4, 7, 24, 30, 31, 66, 215, (AWMA) and (CRPC) securities licenses, and is an active Chartered Market Technician (CMT) Mr. Sullivan is also a co-founder and principal of Hyperion Wealth Management, a non-affiliated, Florida-based Registered Investment Advisor. Mr. Sullivan has a B.A. from Emory University in History and English with a minor in Music and Micro-Economics, and has completed a Blockchain Technologies course at MIT Sloan. ABOUT HAIM BODEK Mr. Bodek is the Strategy Director and Co-Portfolio Manager of Hyperion Decimus. Since 1996, Mr. Bodek has been in the securities industry with a background in high frequency trading, electronic trading, derivatives markets, and market structure. Mr. Bodek previously worked as VP of Hull Trading (acquired by Goldman Sachs 2007), Managing Director UBS, Joint Global Head of Electronic Volatility Trading, CEO of Trading Machines (Options HFT), and is also a well-known whistleblower in the exposure of “undocumented order types”. Mr. Bodek formerly held the series 3, 4, 7, 24, 55, 63, and 65. Mr. Bodek has a BA in Mathematics and Cognitive Science from the University of Rochester. Mr. Bodek's career, experiences, and advocacy for regulatory reform of securities markets are described extensively in Dark Pools by Scott Patterson, a freelance writer and staff reporter for The Wall Street Journal. Mr. Bodek is also the author of two books on market structure, The Problem of HFT and The Market Structure Crisis, as well as the subject of the documentary film The Wall Street Code directed by Marije Meerman. Mr. Bodek's contributions have influenced the ongoing public policy debate and the rapidly changing landscape for regulatory, enforcement, and litigation issues. ABOUT DIGITAL DOLLAR SUBSCRIBE TO THE EMAIL INBOX UPDATES! https://digitaldollar.substack.com For more information about our sponsor, visit https://10xts.com Follow us on Twitter --- Send in a voice message: https://anchor.fm/digitaldollar/message

Haim Bodek is a famed HFT leader & SEC Whistleblower who’s worked at organisations such as Hull, Goldman and UBS. Haim has also created his own businesses in Trading Machines, Decimus Capital Markets and Hyperion Decimus to the market in the last decade. LINKS  Haim Bodek The Problem of HFT  Hull Trading Company Fermilab Interactive Brokers Flash Boys by Michael Lewis Hyperion Decimus Escape From Evil by Ernst Becker Dark Pools by Scott Patterson Wall Street Code

In his past, Haim Bodek ran a trading firm that accounted for more than 0.5% of all U.S. options trading volume. But then his trading programs turned south - and he couldn't identify why. That led him down a rabbit hole that led to the largest exchange fine in Wall Street history at the time. Now, Haim continues his quest to hold exchanges to account for unfair or deceptive practices. His story exposes a dark underbelly of Wall Street that every trader should know.

Dave Lauer is a former-high frequency trader for firms such as Citadel and Allston Trading. He’s worked specifically in various areas of the HFT pipeline, including; research and modelling, building hardware, and programming and operating strategies—which are measured in millionths of a second (or microseconds). Following the Flash Crash, Dave left his role as a trader (for various reasons we discuss during this episode) and now, as a partner of KOR Group, consults to institutional managers on market structure and best execution. Dave was also featured in the VPRO documentary, The Wall Street Code, along with other Chat With Traders guests; Haim Bodek, Eric Hunsader, and Blair Hull. -- Sponsored by TechnicianApp.com: Chart, analyze, and trade from anywhere with Technician’s award-winning app—for mobile, tablet, and desktop. Learn more and sign up for free!

Trading Tech Talk 47: Blowing the Whistle on HFT CTO Interview: Today we are joined by Haim Bodek, Managing Principal of Decimus Capital Markets, LLC. Haim founded Trading Machines and is featured in the book Dark Pools. Featured article: Vice - What led whistle-blower Haim Bodek to expose the biggest scam on Wall Street? He has said Flash Boys misses the mark, what did he mean by that? What are his thoughts on IEX? What changes do we need to do to make REG NMS more effective? Hot Topics: What is buzzing Tired of boogeymen portrayals, speed traders take to NYSE floor - Automated traders have an image problem. What better way to address it than to set up shop in one of the most iconic spots in global finance: the floor of the New York Stock Exchange. Citadel Securities and Global Trading Systems LLC recently agreed to buy NYSE floor-trading businesses. How prevalent and profitable are latency arbitrage opportunities on U.S. stock exchanges? This paper provides evidence that high-frequency traders have numerous opportunities to realize profits from latency arbitrage. CFTC signals retreat over "source code" repository The US futures regulator has signaled a willingness to back down on controversial proposals allowing it to freely access the source code of high-speed traders, following complaints that it could lead to sensitive intellectual property being revealed.

CTO Interview: Today we are joined by Haim Bodek, Managing Principal of Decimus Capital Markets, LLC. Haim founded Trading Machines and is featured in the book Dark Pools. Featured article: Vice - What led whistle-blower Haim Bodek to expose the biggest scam on Wall Street? He has said Flash Boys misses the mark, what did he mean by that? What are his thoughts on IEX? What changes do we need to do to make REG NMS more effective? Hot Topics: What is buzzing Tired of boogeymen portrayals, speed traders take to NYSE floor - Automated traders have an image problem. What better way to address it than to set up shop in one of the most iconic spots in global finance: the floor of the New York Stock Exchange. Citadel Securities and Global Trading Systems LLC recently agreed to buy NYSE floor-trading businesses. How prevalent and profitable are latency arbitrage opportunities on U.S. stock exchanges? This paper provides evidence that high-frequency traders have numerous opportunities to realize profits from latency arbitrage. CFTC signals retreat over "source code" repository The US futures regulator has signaled a willingness to back down on controversial proposals allowing it to freely access the source code of high-speed traders, following complaints that it could lead to sensitive intellectual property being revealed.

There’s a very special guest on the podcast this week, who I’m excited to introduce… His name is Haim Bodek, although some refer to him as ‘The Algo Arms Dealer’ (and I totally understand why). Haim began his trading career at Hull Trading, a prestigious firm well known for driving forward innovation in the domain of automated trading. Following Hull, Haim then went into significant roles at Goldman Sachs, and UBS – which are all discussed during the interview. But to further set the scene, in 2007 Haim founded Trading Machines, a high frequency trading operation. At the peak, Trading Machines accounted for 0.5% of all options trading volume, with a team of 25 (one of who, was Bryan Wiener of EP 040). All was well for a couple years until the beginning of 2009, when Trading Machines ran into issues and began to bleed money, for unknown reasons. Until Haim later discovered, at the root of the problem were secretive order types being used by a select few firms, giving them an unfair advantage to front-run the orders of other participants. With this discovery, Haim went to the SEC to raise his concern about such order types – little did he know at the time, that this would be the beginning for one of the most sophisticated and complex investigations carried out by the SEC to date. So of course, we speak about all of this in much more detail during the interview. And we also speak about another fascinating topic – which is, Payment for Order Flow. Haim shares with us what is really happening to your orders after you click the button to buy or sell – you might even be surprised to find out that a large majority of retail orders, never even make it to an exchange…

This week I’m joined by Bryan Wiener, to put it simply, he’s a man crazy about options. So options guys, this should be right up your alley. I have to admit there were a few moments where my lack of knowledge of options is probably quite obvious – but Bryan delivered well and truly. So a little background on Bryan… He’s been actively trading for just over 15 years – and what’s particularly interesting about Bryan is how he’s been involved with markets from a number of various angles. And what I mean by that is… He originally started out as a market maker on the floor of the CME (and by the way, has some great stories which he shares during the interview). From there he later joined Haim Bodek for the rise and fall of Trade Machines, which was essentially a black-box startup which was ruined due to HFT manipulative orders. And now days he’s the quantitative options specialist on the Sang Lucci team, as well as an independent trader. During the interview we of course go right into Bryan’s journey of how he got to where he is now. As well as plenty of discussion about options markets, including; how options have evolved, the various types of options traders and where their edge exists, and a few things aspiring options traders need to be aware of.