About
Brian Standerfer is an ETF and Delta One Trading specialist at Belvedere Trading, LLC, based in New York, NY. In this capacity, he focuses on the trading and market-making of exchange-traded funds (ETFs) and related Delta One products, utilizing quantitative strategies across equity and commodity derivatives.
Previously, Brian served as Head of Volatility, Commodity and Leveraged ETF Trading at Citadel Securities, where he managed teams covering complex derivatives and specialized ETF portfolios. He was also CEO and Head of US Trading at CMT Capital Markets Trading, demonstrating extensive leadership in institutional trading environments and risk management across multiple asset classes, particularly equities, commodities, and volatility products.
Brian earned degrees from the University of Chicago and the Booth School of Business, grounding his expertise in finance, economics, and quantitative analysis. His career reflects significant contributions to the structuring and execution of advanced ETF and derivatives trading strategies on both buy-side and sell-side platforms, with emphasis on market structure innovation and liquidity provision in equity and commodity markets.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Belvedere Trading, LLC | ETF and Delta One Trading | May 2022 to Present | — |
| Citadel Securities | Head of Volatility, Commodity and Leveraged ETF Trading | Jul 2017 to Nov 2018 | — |
| CMT Capital Markets Trading | CEO and Head of US Trading | Nov 2012 to May 2017 | Lead of US Broker Dealer within CMT Asset Management. Building systematic trading strategies. High frequency market making, relative value, special situations. |
| IMC financial markets & asset management | Head of US Equity Trading | Oct 2009 to Oct 2011 | Systematic, high frequency, statistical arbitrage in US equity markets- exchanges and ATS’s Principal with focus on compliance, risk, business development in addition to lead trading strategist. |
| IMC financial markets & asset management | Algorithmic Trader and Strategist | Apr 2006 to Oct 2007 | High/medium frequency algo strategist dealing with equities and special situations. |
| BRISTA Trading | Founder and Owner (Bri_ Sta_) | May 2019 to Apr 2022 | Systematic trading in ETFs, Equities |
Education
The University of Chicago - Booth School of Business
2012 — 2014
University of Chicago
2002 — 2006
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 |
 | Quant R and D Manager | Chicago, IL , 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 |