All posts by: Brian Mehta

5 Questions with Matthew Zimberg of Optimus Futures

Matthew Zimberg
Matthew Zimberg is the founder and president of Optimus Futures, a boutique futures trading brokerage that caters to retail and institutional traders via online trading platforms and stable data feeds, commodity trading advisors, and algorithmic trading systems. They are an independent introducing broker with multiple Futures Clearing Merchant (FCM) relationships, which allows them to deliver flexibility to their clients.

Matthew has over 18 years of experience in the futures and commodities markets and a deep understanding of low-latency trading technologies, advanced technical analysis and methodologies, and trading software development. He also is a big advocate of risk management.

Brian Mehta, CMO
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A Chat with “Chat With Traders”

Aaron Fifield

Aaron Fifield, host of Chat with Traders

Aaron Fifield is a developing trader and host of the Chat With Traders podcast. Each week, thousands listen as he interviews successful traders and financial thought-leaders to extract their best insight. His inquisitivity goes beyond the mic. On the trading front, Aaron is learning how to code and pursuing algorithmic trading systems. This week, we’ve turned the tables on Aaron. And here are five questions with him.

Brian Mehta, CMO

How did you got involved in trading and what was your path to where you are now?

Aaron: After a short stint of trading a demo account, I went live with a $5,000 account. It was all very new and I’d never done anything like it, so I of course made a bunch of mistakes, i.e., taking positions far greater than I should have, paying too much for brokerage, making irrational decisions and falling victim to FOMO.

Skipping forward a few years, I’d had mixed results. My account went from red to green, green to red, and the cycle continued—and a frustrating cycle it was. It’s worth mentioning, during this time I slowly drifted away from the “Gann way” and began to formulate my own strategies and setups—but still, mixed results.

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5 Questions with Mike Mayhew, CIO at Trading Technologies

Speed and accessibility are the key benefits most often talked about when promoting the TT® platform. But what is less frequently highlighted is the infrastructure and support structure that keep operations moving smoothly. That responsibility falls on Mike Mayhew, CIO at Trading Technologies. In this edition of “Five Questions with…,” we talk with Mike about his team and the behind-the-scenes work that goes into making the TT platform dependable and secure.

Brian Mehta, CMO

MikeMayhew

What is the scope of your responsibilities as TT’s CIO?

Mike:  My responsibilities span global trading platform operations and support, security and corporate IT. Corporate IT is a well-oiled machine, so typically when I talk about my responsibilities, I focus on trading platform operations and support. In other words, my teams are responsible for the overall availability of TT’s production trading environments. In fact, about 99% of our efforts—whether infrastructure design, change management, security audits or day-to-day ops—are focused on ensuring users have a fast, secure and reliable trading experience.
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5 Questions with Danny Riley of MrTopStep

I am continually impressed by the breadth of interesting people I encounter in the fintech arena. Whether they are traders, technologists, media or even marketers (yes, believe it or not), there are so many great stories behind the scenes from the people that make this industry exciting. So, welcome to “Five Questions with…,” a new Trade Talk series in which we interview notable market participants and technology thought leaders about a few common—and a few unique—industry-related subjects. Our first chat is with Danny Riley of MrTopStep, a multi-channel outlet dedicated to financial news and education. Danny is passionate about the industry and he educates while he entertains on his Periscope channel. Read on to learn how Danny came to found MrTopStep, what he looks for in a trading execution platform and more. And, hope you enjoy the series.

Brian Mehta, CMO

Danny-Riley-on-the-CME
 

TT: How did you get involved in trading, and what path took you to where you are now?

Danny: Less than a year after high school, I received an offer to work as a runner for Agra Trading in the grain room of the Chicago Board of Trade. As soon as I walked on the floor, I knew I wanted to be in the industry. After working in the grain pit, I moved to the bond floor, and from there, I ended up at the CME, where I built the largest-volume S&P futures desk on the floor. As the demand for open outcry decreased, I moved my desk from futures to S&P options, where I filled orders electronically.

Before leaving the floor in December of 2014, I founded a company called MrTopStep.com to help educate both professional and retail traders about many of the rules and methods I learned while on the floor. Since my move from the floor, I have had to work out the challenges of transitioning from the energy and feel of the floor to trading on the screens. I have found that volume imbalance and footprint charts have helped me recreate some of the market feel and trading rules I used on the trading floor. (more…)