Ben Stepnes

Ben Stepnes is a Trader at Walleye Capital, based in Hopkins, MN, where he has been with the firm since April 2021. At Walleye Capital, he is involved in options and volatility strategies, leveraging his deep expertise in derivatives to contribute to the firm’s market-making and arbitrage operations across equities, index products, and other liquid listed assets.

Prior to joining Walleye Capital, Ben built an extensive career as an Options Trader at Citi from 2000 to 2021, focusing on listed derivatives and managing risk in high-volume, complex trading environments. His background includes proficiency in quantitative approaches to options trading, risk management, and implementing systematic trading strategies within global financial markets.

Ben holds a degree from the University of Minnesota, supporting a rigorous analytical approach to trading and investment. Throughout his more than two decades in the industry, Ben has established himself as a veteran in equity and index options, known for his expertise in volatility arbitrage, market neutral strategies, and structured options trading in institutional asset management environments.