Lucas Duarte

• Specializing in event-driven options trading, leveraging low-latency execution and advanced pricing models
• Focused on opportunities arising from global events and news headlines
• Event-Driven Trading: Structuring and managing options positions around macro and micro market events
• Options Pricing & Volatility Management: Maintaining and refining pricing models, monitoring volatility dynamics, and assessing risk parameters
• Market Monitoring & Opportunity Identification: Continuously tracking global markets, scanning for new trading opportunities, and dynamically adjusting positions
• End-to-End Desk Management: Overseeing all aspects of the trading desk, from operational processes to trade execution and risk management
• Desk Projects: Managed various Python projects, including building a log parser, backtesting event liquidity, and automating desk operations such as market data exports, report generation, and email notifications

• Managed the Discretionary Volatility Dispersion strategy under a Senior PM
• Delta Hedging: Actively managed risk exposures by adjusting hedges to maintain portfolio neutrality.
• Volatility Monitoring: Tracked and analyzed volatility spreads to identify trading opportunities.
• Trade Execution: Entered and exited positions, trading on screens or booking trades against brokers.
• News & Market Analysis: Monitored market-moving news and macro events to assess potential impacts on markets and the strategy.
• Idea Generation: Pitched trade ideas to senior traders

https://marketflux.io/

• Developed as part of a team comprehensive news curation site that aggregates and organizes financial news from multiple sources including RSS feeds, Twitter, and Google News
• AI-driven news clustering technology to categorize and summarize similar headlines, providing recaps to users of key events
• Automated ticker and topic tagging system that identifies and highlights relevant stock symbols in news articles allowing users to filter and curate news feeds
• Scaled platform to over 500 monthly active users through targeted marketing and continual feature improvements

• Provided client coverage for Canadian institutional derivatives and equities accounts, including pensions, asset managers, banks, and hedge funds
• Client Coverage & Execution: Traded client order flow directly in the market, executing futures and options across global markets
• Managed client clearing accounts for FX and Treasury Bills transactions
• Pricing & Negotiation: Handled pricing requests and negotiated OTC and listed principal orders across Non-Linear and Linear products, including options, variance swaps, futures blocks, equity swaps, basis trades, and BTIC
• Market Analysis & Trade Ideas: Delivered market insights, morning notes, news updates, and flow information, while generating and pitching trade ideas to institutional clients
• Workflow Automation & Risk Management: Developed VBA tools to automate desk workflows, track P&L, and enhance market and client portfolio monitoring

• Worked on projects for Portfolio Managers and Traders
• Most notably creating an Option Vol Monitor and a Listed Option Pricer
• Helped locate borrows for short sales
• Booked trades and resolved breaks with BO

• Assisted Sales Traders by helping with Morning and Weekly Notes, generating commission reports, booking trades, and creating summaries of Analyst Calls
• Also assisted Option Traders on a few analytical projects