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Lester Crockett

Lester Crockett

Derivatives Trader at Simplex Trading, LLC

Glenview, IL , United States

About

Lester Crockett is a seasoned derivatives trader currently serving as a Derivatives Trader at Simplex Trading LLC, a proprietary trading firm in Chicago focusing on U.S. equity options markets. At Simplex Trading, he specializes in trading complex derivatives products with a strong emphasis on options market making, utilizing advanced technology and automated trading strategies.

Previously, Lester held a leadership role on the Floor Conduct Committee at the Chicago Mercantile Exchange, demonstrating his expertise in market operations and regulatory standards within the derivatives sector. He was also a Derivatives Trader at BlackEdge Capital prior to joining Simplex, where he further honed his skills in equity and listed derivatives markets.

Lester holds a Bachelor of Arts in Economics & Political Science from Northwestern University and has an academic background from EARJ - Escola Americana do Rio de Janeiro. His career reflects deep expertise in equity options, futures, and regulatory market oversight within major U.S. derivatives exchanges.

Career History

OrganizationRoleDate RangeDetails
Simplex Trading LLCDerivatives TraderAug 2022 to Present
CHICAGO MERCANTILE EXCHANGE INC.Floor Conduct CommitteeJun 2018 to Present
Committee member at exchange acting as arbiter in conflict.
BlackEdge CapitalDerivatives TraderOct 2019 to Jul 2022
Lupo Futures, LLCDerivatives TraderJan 2012 to Jun 2019
Bluefin Trading LLCSenior TraderJan 2009 to Nov 2011
SMW Trading Company, Inc.Senior TraderFeb 2002 to Jan 2009
Bear Stearns & Co.Associate DirectorMay 2000 to Dec 2001
CHICAGO OPTIONS ASSOCIATES, INC.PartnerJun 1990 to Apr 1999
Spear, Leeds & KelloggFX Derivatives traderJun 1988 to Jun 1990

Education

Northwestern University

Bachelor of Arts (B.A.), Economics & Political Science

1984 1988

EARJ - Escola Americana do Rio de Janeiro

1972 1984

Skills & Expertise

Commodity
Portfolio Management
Derivatives
Trading Systems
FX Options
Trading
Risk Management
Asset Management
Proprietary Trading
Quantitative Analytics
Investments
Foreign Languages
Treasury
Fixed Income
Options
Series 7
Hedging
Interest Rate Derivatives
Financial Markets
Investment Management

Others at Simplex Trading, LLC (24)

NameRoleLocation
Alexander Finch
Alexander Finch
Derivatives TraderChicago, IL , United States
D
Dave Haufe
Chief Technology OfficerChicago, IL , United States
David Lohmann
David Lohmann
SOFR Options TraderChicago, IL , United States
Dimitry Braznichenko
Dimitry Braznichenko
Options TraderChicago, IL , United States
Drew Brandsen
Drew Brandsen
Options TraderChicago, IL , United States
Glen Nixon
Glen Nixon
Algorithmic TraderChicago, IL , United States
Jeff Burianek
Jeff Burianek
US Index Volatility TradingChicago, IL , United States
Jeffrey Abraham
Jeffrey Abraham
Algorithmic Trading AnalystChicago, IL , United States
Jeremy Nau
Jeremy Nau
Derivatives Trader SPXChicago, IL , United States
Michael Pyo
Michael Pyo
Equity Derivatives TraderChicago, IL , United States
Showing 1-10 of 24 team members

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