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About
Nick Schwietering is a Derivatives Trader at Simplex Trading LLC in Chicago, IL, where he specializes in trading complex options and derivatives strategies for the firm's proprietary accounts. At Simplex, a leading technology-driven market-making firm, he focuses on U.S. equity options markets, applying advanced quantitative analysis and automated trading systems to capture opportunities in high-liquidity environments.
Prior to joining Simplex Trading in 2022, Nick was a Floor Trader in S&P 500 options (SPX) at Akuna Capital, gaining hands-on experience in one of the world's most active equity index derivatives products. He also founded GoodKarma Products LLC, further demonstrating an entrepreneurial approach and operational leadership in addition to his financial market expertise.
Nick holds a Bachelor of Science in Marketing from Miami University, equipping him with a solid foundation in both quantitative and client-focused disciplines. His expertise in listed options, particularly U.S. index and equity derivatives, positions him as a valuable contributor to Chicago's trading community and the broader investment industry.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Simplex Trading LLC | Derivatives Trader | Mar 2022 to Present | — |
| GoodKarma Products LLC | Founder | Jun 2021 to Present | GoodKarma was founded on the idea that life is about the little things. Sometimes the smallest improvement in one person's day can have a positive ripple effect on the day of many others. Things like ... |
| Akuna Capital | Floor Trader (SPX) | May 2019 to Jun 2021 | — |
| Bacon Sports | Content Creator, Podcast Producer, Digital Marketing, Sales | Jan 2018 to May 2019 | Took some time away from finance to pursue my passion for sports in a professional capacity. Learned how startups work and developed many new skills including content creation, podcast production and ... |
| Medal Sports | Sales And Marketing Specialist | Nov 2017 to Apr 2018 | Learned all facets of the sporting goods business working along side the head of Sales and Marketing and General Manager. Assisted in presentations to the Head of Sporting Goods for large buyers inclu... |
| Citigroup Derivatives Markets Inc. | Trader and VP | Dec 2012 to Aug 2017 | - Responsible for communicating fast-moving information relating to trades, market conditions, and news releases to stakeholders with varying levels of sophistication
- Recommended curve movements in ... |
| Citigroup Derivatives Markets Inc. | Trader | Oct 2010 to Dec 2012 | - Provided brokers with fast and accurate markets on complex options and future spreads while collaborating with other traders to ensure accuracy of market information
- Trained 5 employees and 2 inte... |
| Citigroup | Floor Clerk and Systems Analyst | Aug 2006 to Oct 2010 | - Led CME/CBOE S&P communications affecting millions of dollars in trades per day
- Traded stock, options, and futures for hedging and risk management
- Verified 1k+ trades with various stakeholders, ... |
Education
Miami University
Bachelor of Science (BS), Marketing
2002 — 2006
Skills & Expertise
Others at Simplex Trading, LLC (24)
| Name | Role | Location |
|---|---|---|
 | Derivatives Trader | Chicago, IL , United States |
D Dave Haufe | Chief Technology Officer | Chicago, IL , United States |
 | SOFR Options Trader | Chicago, IL , United States |
 | Options Trader | Chicago, IL , United States |
 | Options Trader | Chicago, IL , United States |
 | Algorithmic Trader | Chicago, IL , United States |
 | US Index Volatility Trading | Chicago, IL , United States |
 | Algorithmic Trading Analyst | Chicago, IL , United States |
| Derivatives Trader SPX | Chicago, IL , United States | |
 | Derivatives Trader | Glenview, IL , United States |
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| Name | Role | Fund | Location |
|---|---|---|---|
 | Senior Analyst | Gillson Capital LP | Chicago, IL , United States |
 | Analyst | Gillson Capital LP | Crown Point, IN , United States |
 | Performance Analyst | SG Capital Management LLC | Jackson, WY , United States |
