About
Brian Elinsky is the Quant Research & Development Manager at Belvedere Trading, LLC in Chicago, Illinois, where he leads a team focused on quantitative research and the development of trading strategies and analytics platforms. In this role, he oversees the creation and refinement of models and data-driven tools used for options market making and trading, emphasizing the use of time series financial data and explainable statistical models.
Elinsky’s expertise is centered on options and derivatives market making, leveraging his background in data science to analyze and forecast financial markets. At Belvedere Trading, his team's work is particularly applied to the options sector, where robust mathematical modeling, probability, and statistics are essential for rapid, data-driven decision-making in high-frequency market environments.
He previously held positions at Belvedere Trading as Business Intelligence Developer and Business Process Master, contributing to the firm’s operational analytics and process optimization efforts. Elinsky holds a Master of Science in Data Science from Northwestern University and a Bachelor of Science in Finance from Miami University, combining technical and financial expertise in his approach to quantitative trading and research.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Belvedere Trading, LLC | Quant R and D Manager | Sep 2022 to Present | Manage a team of 6 quant trading analysts. Responsible for research and development for new and existing trading strategies. Develop analytical tools for pre- and post-trade analysis of strategies. |
| Belvedere Trading, LLC | Business Intelligence Developer | Jan 2019 to Aug 2022 | Responsible for all activities that support ingestion, cleaning, storage, and reporting of business intelligence data to the entire enterprise. Design, create, and maintain the data warehouse, data ma... |
| Belvedere Trading, LLC | Business Process Master | Jan 2018 to Jan 2019 | Executed corporate restructuring for four teams in the ten-team technology division. Measured ROI for technology projects. Governed a department-wide process for devising and selecting technology proj... |
| Belvedere Trading, LLC | Product Manager | Jan 2015 to Jan 2018 | Responsible for the planning and execution of the firm’s futures-trading product roadmap. Defined the product vision. Ensured trader satisfaction. Managed staff of up to 18 software developers and qua... |
| Belvedere Trading, LLC | Business Analyst | Jan 2014 to Jan 2015 | Responsible for delineating requirements, business value, and project delivery order for the options modeling product. Liaised between traders, quants, software developers, and management. Drove produ... |
| Belvedere Trading, LLC | Trader Trainee | Jan 2013 to Jan 2014 | Responsible for futures order execution, trading entry, and trade reconciliations. Rotated between product groups to gain a broad perspective of the marketplace. |
| SecondMarket, Inc. | Structured Products Intern | Jan 2011 to Jan 2011 | As Structured Products Intern, I managed P&L sheets, and developed an understanding of ARPs, MARS, SLARS, CMOs, CDOs and non-agency MBS. Participated in management discussions to position the firm thr... |
Education
Northwestern University
Masters of Science, Data Science
2019 — 2021
Miami University
Bachelor of Science - BS, Finance
2009 — 2013
Skills & Expertise
Others at Belvedere Trading LLC (67)
| Name | Role | Location |
|---|---|---|
A Aaron Groff | Quantitative Trader | Chicago, IL , United States |
 | Futures Trader | Chicago, IL , United States |
 | Portfolio Manager | Chicago, IL , United States |
 | Jr Hybrid Trader | Chicago, IL , United States |
A Andrew Braun | Senior Trader | Bartlett, IL , United States |
B Brian Standerfer | ETF and Delta One Trading | New York, NY , United States |
 | Derivatives Trader | Chicago, IL , United States |
C Charlie Burgoon | Senior Trader ~ S and P 500 Derivatives | Chicago, IL , United States |
C Chris Snow | Derivatives Trader | Chicago, IL , United States |
 | S and P Portfolio Manager | Chicago, IL , United States |