Michel Pery
Trader at YK Asset Management- Claim this Profile
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English -
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French -
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Hebrew -
Topline Score
Bio
Credentials
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Series 3, 7, 55, 63
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Experience
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YK Asset Management
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United States
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Financial Services
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1 - 100 Employee
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Trader
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Jan 2020 - Present
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Deutsche Bank Securities
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Investment Banking
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700 & Above Employee
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Director - Index Synthetic Trader
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Apr 2017 - Jan 2020
In charge the Index listed flow book - Block Sector Futures pricing at risk - BTIC / Longer Dated Put/Call combos - Dividend Futures - EFP / Create-Redeem (including international ETFs) In charge the Index listed flow book - Block Sector Futures pricing at risk - BTIC / Longer Dated Put/Call combos - Dividend Futures - EFP / Create-Redeem (including international ETFs)
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OTCex
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France
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Financial Services
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100 - 200 Employee
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Broker
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Jan 2017 - Mar 2017
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JPMorgan Chase & Co.
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United States
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Financial Services
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700 & Above Employee
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Equity Derivatives Trader, VP
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Oct 2013 - Nov 2016
Directs the US single stock / custom basket synthetics book, equity derivatives scarce resources management and hard to borrow stocks trading to protect client positions. - Built pricing tool for Client Flow for Global Portfolio and custom basket to provide the best level for the Client and win more trades - Assisted Client monetizing the premium on special situation names using swaps and listed options - Created innovative funding structures to provide stable cash source and discounted level from regular market price - Optimized balance sheet and funding need for Synthetic Delta One Desk - Automated manual work on trading desk; daily event management through basket reshuffle, booking and market orders execution - Set up Single Stock Future product; extensive collaboration with Legal, Tax and Compliance departments and the Exchange Show less
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Societe Generale
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France
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Banking
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700 & Above Employee
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Equity Derivatives Trader, VP
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Sep 2008 - Oct 2013
- In charge of the single names / custom basket and ETF synthetics book (Total return swaps, Single stock futures, put / call listed option combination, OTC put / call, forwards, …) - Risk management: market exposures, counterpart exposures - On going follow up of legal and tax constraints (CFTC, SEC, DFA, …) - Liquidity management: LCR, ACP ratio - Balance sheet optimization- Product panel / strategies:- Repo arbitrage, creation/redemption ETF (domestic or international)- Term funding (total return swap or security lending): open to 18 months maturities- Equity repo: overnight or evergreen structure- Corporate actions play Show less
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Deputy Head of the Equity Derivatives Middle Office, VP
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Jul 2005 - Aug 2008
In charge of:- The security and the quality of the processes and operations on the equity derivatives perimeter, - The management of the team, - The management of the relationship with the various internal or external clients / contacts- Internal and external projects management, - The optimization of processes in place with a double objective of reduction of operational risk and of costs,- The implementation of new processes regarding new trading areas (custodian account opening, market access, etc.). Show less
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Deputy Head of the Trader Assistant Volatility Desk
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Feb 2003 - Jun 2005
- Make sure that booking of transactions is complete and appropriate within Front-Office and Back-Office systems and that information generated into the downstream systems is accurate and appropriate, - Make sure Front-Office and Back-Office databases in the perimeter are well synchronized, - Produce and guarantee accuracy of daily P&L,- Provide a good level of service to the Front-Office operationally as well as on business projects by developing new VBA tools in order to help the Front-Office to take trading decisions, or implement new processes. Show less
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Education
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Université Panthéon Assas (Paris II)
Master Degree in Banking and Finance, Banking, Corporate, Finance, and Securities Law -
Université Panthéon Assas (Paris II)
Master's degree, Banking, Corporate, Finance, and Securities Law