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DB

Doug Brown

Equity Derivatives Trader at Walleye Trading LLC

Chicago, IL , United States

About

Doug Brown is an experienced equity derivatives trader currently serving as an Equity Derivatives Trader at Walleye Trading in Chicago, IL. In this role since 2015, he is responsible for developing and executing proprietary trading strategies focused specifically on equity derivatives, including options and related volatility products, primarily covering U.S. equity markets. His daily responsibilities involve risk management, quantitative analysis, and market-making across listed and OTC equity derivatives.

Doug's expertise centers on trading equities and derivatives, with a deep proficiency in options, volatility arbitrage, and financial analysis. Prior to Walleye Trading, Doug built his career as an Equity Derivatives Trader for Spot Trading LLC and began in finance as an analyst at CIT Finance Investment Bank, developing strong analytical and quantitative skills in institutional trading environments. Throughout his tenure, he has contributed materially to the success of his teams, leveraging sophisticated trading models and risk management systems to deliver consistent performance in both directional and relative value equity derivative strategies.

He holds a Business Administration degree with a concentration in Finance from the University of Notre Dame, providing a strong foundation in capital markets and financial theory. Doug is recognized for his rigorous analytical approach and expertise in the equity derivatives sector, making significant contributions to risk-adjusted returns and innovation in strategic trading at leading Chicago-based proprietary trading firms.

Career History

OrganizationRoleDate RangeDetails
Walleye TradingEquity Derivatives TraderOct 2015 to Present
Spot Trading LLCEquity Derivatives TraderJul 2009 to Aug 2015
- Trader in the Volatility Arbitrage Group, focused on listed equity options in the Energy sector (previous experience in Technology, MediaTelco and Consumer). - Actively manage symbol level and book-...
CIT Finance Investment BankAnalystJul 2007 to Jan 2009
- Performed wide range of financial analyses including leveraged buyout analysis, discounted cash flow analysis, equity comparables, precedent M&A transactions and weighted average cost of capital. - ...
Lehman BrothersFinancial AnalystMay 2006 to Aug 2006

Education

University of Notre Dame

Business Administration, Finance

2003 2007

Skills & Expertise

Cash Flow Analysis
Financial Modeling
Capital Markets
Derivatives
Trading
Bloomberg
Marketing
Equity Derivatives
Analytical Skill
Finance
Financial Analysis
Options
Market Making
Equities
Analysis

Others at Walleye Trading LLC (73)

NameRoleLocation
A.j Ribakove
A.j Ribakove
AnalystNew York, NY , United States
A
Alexander Pae
Investment AnalystNew York, NY , United States
Alex Rubino
Alex Rubino
Portfolio ManagerNew York, NY , United States
A
Alex Tang
Quant Portfolio ManagerNew York, NY , United States
Andrew Sklar
Andrew Sklar
Portfolio ManagerNew York, NY , United States
Ben Stepnes
Ben Stepnes
TraderHopkins, MN , United States
Brent Daniel
Brent Daniel
Portfolio ManagerPhiladelphia, PA , United States
Curtis Kuznecov
Curtis Kuznecov
Portfolio ManagerNY , United States
D
Daniel Ioffe
Portfolio ManagerUnited States
Dillon Cumming
Dillon Cumming
Investment AnalystNew York, NY , United States
Showing 1-10 of 73 team members

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