Chopper Trading Sponsors FIA Expo and Futures Cares Charity Dinner

As part of FIA Expo, on Thursday, November 1stChopper Trading is sponsoring the Futures Cares Charity Dinner to benefit the Great Chicago Food Depository. The Futures Cares Charity Dinner gives companies and individuals in the futures and options industry the opportunity to provide funds to feed people in need. Futures Cares has raised over $1.2 million to help feed the hungry in Chicago over the last four years.


To find out more information about the fundraiser, visit the Chicago Food Bank website.


Additionally, the public can enter to win dinner for two at 12 of Chicago’s finest steakhouses to benefit the Greater Chicago Food Depository: The winner will be announced on Friday, November 2nd.


Our partnership with PAWS Chicago

PAWS Chicago is one of the organizations that we sponsor and donate to every year. PAWS stands for Pets are Worth Saving, and PAWS Chicago is the city’s largest No Kill humane organization, focused on solutions to end the killing of homeless pets. My dogs, Chopper and Scout, were rescue pets so the cause is near and dear to my heart. Chopper and Scout were even featured on the cover of PAWS Chicago’s 2012 calendar. Below are a few of the photos.

On  November 9th, Chopper Trading and I will be sponsoring PAWS Chicago’s annual Fur Ball at The Drake Hotel. There will be silent and live auctions, a dinner buffet and dancing, and pets are allowed to join the fun. All proceeds go towards supporting PAWS Chicago and saving homeless dogs and cats. Find out more about how you can help here.

Chopper and Scout

Animal anti-cruelty and shelter organizations are important to Chopper Trading

I have two rescue dogs, Chopper and Scout, who can often be found wandering the halls of our office. Chopper made such an impact that I decided to name my company after him.  Both Chopper and Scout are mixed breeds and were adopted from The Anti-Cruelty Society.

Raj Fernando Dogs visit Chopper Trading

Dogs Chopper and Scout visiting Chopper Trading boardroom via Raj Fernando Flickr photostream

Chopper Trading and I regularly contribute to animal anti-cruelty and shelter organizations like PAWSThe Anti-Cruelty Society , and Chicago Canine Therapy Corps in the dogs’ honor.

Raj Fernando Talks Nonprofit Donations in Crain’s Interview

In August, I did an interview with Crain’s Chicago Business to talk about donations to nonprofits Chopper Trading has made over the past year.In addition to organizations like Paws and Cedars-Sanai Hospital we donate to natural disaster relief efforts and match employees’ donations. Below is a list of organizations that Chopper Trading donates to:

Total giving, 2010-11: $1.7 million
Major gifts: Clinton Bush Haiti Fund ($100,000), Cedars-Sinai hospital, Los Angeles ($100,000), Paws Chicago ($110,000)
Smaller contributions and employee matching gifts: $1.3 million
2012 major gifts to date: Steppenwolf Theatre Company ($50,000), Illinois Holocaust Museum ($15,000)

Raj Fernando with Chopper and Scout

Raj Fernando with Chopper and Scout

Read the full interview with Raj Fernando on Crain’s Chicago Business website.

Our Chess Team at Chopper Trading

This fall marks the 2nd year of  Chopper Trading’s  participation in the Chicago Industrial Chess League. Our division consists of Chicago Loop-based corporations and a few university chess teams so matches are conveniently located near the Chicago Board of Trade (CBOT). Our Chopper Trading Chess Team meets up primarily on Tuesday evenings for practice and competitive matches against other teams. The season runs until early spring.


Good luck, team!


Chopper Trading Chess Club

Chopper Trading Chess Club A few members of the Chopper Trading Chess Team

Raj Fernando Interviews with High Frequency Trading Review

My colleague Leslie Stuphen, Director of Strategies and Implementation at Chopper Trading and I recently participated in an interview for the High Frequency Trading Review. At this interview we touched on a few topics like recruiting the right employees, how we stay a step ahead of competitors and managing risk in an aggressive environment.

Running a Proprietary HFT Frim: An Interview with Chopper Trading

In this interview for the High Frequency Trading Review, Mike O’Hara talks to Rajiv Fernando, Founder & CEO, and Leslie Sutphen, Director of Strategies and Implementation at Chopper Trading, the Chicago-based proprietary trading firm.

HFT Review: Rajiv, Leslie, welcome to the HFT Review. First of all can I ask you to give us a brief introduction to Chopper Trading?

Raj Fernando: We started in January of 2002. I was a cash bond trader, so for the first few years I taught everyone in the company how to trade Treasuries. Towards the end of 2004, manual execution was starting to get very difficult. We looked at all the third party software out there and none of it satisfied our requirements, so we started hiring programmers and we haven’t stopped since. As a result of this early investment in technology, we were able to pursue other types of automated trading and that brought us to where we are right now…


Read the full High Frequency Trading Interview with Raj Fernando here.