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.

 

Raj Fernando: Recruiting only “A” players for Chopper Trading

I often get questions about our recruitment practices at Chopper Trading. I did a five page interview with Smart Business that talks about what we look for in new recruits as well as what we do to keep current employees happy in a dynamic business environment.

 

Why Raj Fernando recruits only “A” players for Chopper Trading

Though the trading floor is bustling and intense when the markets are open, the scene in Chopper Trading’s break room is quite the opposite when they close. There, in the 3,000-square-foot spaciousness, you’ll find some of Chopper’s 150 employees lifting weights or winding down with a game of table tennis or foosball. After working hours, they often go out together, and enjoy using the company’s season tickets to cheer on Chicago sports teams including the Blackhawks, Bulls, Cubs or White Sox…

 

Click here to read the full Smart Business Interview with Raj Fernando.