Divakar Jain

CEO

Boston, Massachusetts, United States6 yrs 7 mos experience
Highly Stable

Key Highlights

  • Doubled annual profit in 2021 despite reduced volatility.
  • Increased desk profit by 400% YoY during volatility.
  • Led automation initiatives for trading strategies.
Stackforce AI infers this person is a Fintech professional with expertise in trading strategies and portfolio management.

Contact

Skills

Core Skills

Portfolio ManagementInvestment Management

Other Skills

Analytical SkillsETFsElectronic Trading SystemsExecution Management SystemsFinanceFinancial AnalysisFinancial ModelingFinancial Statement AnalysisFundamental AnalysisFutures TradingInterpersonal SkillsInvestmentsKnowledge AcquisitionLeadershipMarket Making

Experience

Flow traders

3 roles

Garden Leave (Non Compete)

Feb 2022Jul 2022 · 5 mos

Trader

Jul 2019Feb 2022 · 2 yrs 7 mos

  • Head of Emerging Markets team
  • o Led key initiatives to upgrade trading setup for MSCI Emerging Market futures by focusing on order book analysis and enhanced portfolio management.
  • o Undertook market-making obligations for over 100 exchange traded products including ETFs and derivatives.
  • o Collaborated closely with the Business Development team to sign new market making contracts with multiple exchanges including Hong Kong Exchange’s MSCI futures suite launched in 2020.
  • o Conducted gap analysis and created an updated strategy for the Emerging Market team which doubled our annual profit in 2021 despite the reduced volatility.
  • o Formulated macro enabled Excel spreadsheets to be able to price a wide array of products accurately and efficiently with live Bloomberg data.
  • Head of Korean ETF team
  • o Led a complete overhaul of the existing auction setup by transitioning to a new software and fully automating strategies which were previously being handled manually by traders.
  • o Designed and implemented new strategies on the Kospi 200 and Kosdaq index futures in collaboration with the Quant team.
  • o Accelerated automation in the setup which helped increase the desk profit by 400% YoY during the increased volatility period in 2020.
  • o Identified gaps and proposed software changes aimed at overcoming compliance restrictions on the Korean Stock Exchange (KRX) while working closely with the Software Development Team.
Portfolio ManagementInvestment ManagementFinancial AnalysisProblem SolvingInvestmentsFinance+7

Trader

Dec 2015Jul 2019 · 3 yrs 7 mos

  • Head of Japan ETF team
  • o Implemented fully automated single stock strategies at scale in the Tokyo Stock Exchange closing auction.
  • o Expanded on the auction setup to introduce multiple new quant-based strategies with focus on both the
  • opening auction and continuous trading sessions which led to 60% of the desk’s net profit in 2019.
  • o Strategized with multiple teams on potential opportunities and the preparation needed whenever volatility
  • was expected to be higher due to external factors.
  • o Managed risk by coordinating with the Operations team for daily reconciliation.
  • Trader Tech Team
  • o Initiated decision making with local technology department heads regarding priorities for the local software
  • engineers.
  • o Played the role of a conduit between the Trading team and IT Developers/ Tech Operations.
  • o Reported bugs and grievances back to the Software Development team in Amsterdam.
  • o Facilitated knowledge transfer regarding new trading software to all trading teams in Asia.
  • o Served as the first point of contact for urgent technical issues during Asian trading hours.
Portfolio ManagementInvestment ManagementFinancial AnalysisProblem SolvingInvestmentsFinance+7

Education

Harvard University

Business/Managerial Economics

Aug 2022Aug 2023

Monash University

Master's degree — Applied Finance

Jan 2014Jan 2015

Monash University

Master's degree — Banking and Finance

Feb 2013Jul 2014

GGDSD College, India

Bachelor's degree — Business Administration

Jan 2009Jan 2012

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