Erik M. Herzfeld Joins Thomas J. Herzfeld Advisors, Inc.MIAMI Miami, cities, United States Miami (mīăm`ē, –ə). 1 City (1990 pop. 358,548), seat of Dade co., SE Fla., on Biscayne Bay at the mouth of the Miami River; inc. 1896. -- Thomas J. Herzfeld Advisors, Inc. is pleased to announce the appointment of Erik M. Herzfeld as Head of Alternative Strategies. Erik is the 33 year old son of Thomas J. Herzfeld, the firm's founder and chairman. Erik has a decade of Wall Street experience in the equity and currency derivatives markets, serving in both quantitative research Quantitative research Use of advanced econometric and mathematical valuation models to identify the firms with the best possible prospectives. Antithesis of qualitative research. and trading roles with buy and sell side institutions. He has just recently joined Thomas J. Herzfeld Advisors, Inc., a private investment firm specializing in closed-end funds, to focus on building its derivatives and algorithmic trading Algorithmic Trading A trading system that utilizes very advanced mathematical models for making transaction decisions in the financial markets. The strict rules built into the model attempt to determine the optimal time for an order to be placed that will cause the least amount of platforms. Erik is a graduate of Johns Hopkins University Johns Hopkins University, mainly at Baltimore, Md. Johns Hopkins in 1867 had a group of his associates incorporated as the trustees of a university and a hospital, endowing each with $3.5 million. Daniel C. ('95) with a BA in Economics and Mathematics as well as an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration in Financial Engineering from MIT's Sloan School of Management ('97). He is fluent in Japanese. After completing school, Erik served as a 'quant' on the Equity Derivatives Research desk at Lehman Brothers, New York where he had dual responsibilities in pricing exotic derivatives structures together with developing quantitative trading strategies for the dispersion trading group on the proprietary side. Prior to his current role, Erik spent seven years at JPMorgan Chase, based in New York, Tokyo and Singapore. At JPM JPM J. P. Morgan Chase & Co. (stock symbol) JPM Juan Pablo Montoya (formula 1 driver) JPM Jabatan Perdana Menteri (Malaysia) JPM Journal of Property Management , Erik ran franchises in Asia and created a proprietary trading business in New York. In Asia, he served as co-head of trading of the emerging markets currency business in Singapore and headed foreign exchange correlation trading in Tokyo. In New York he built JPM's PPB Foreign Exchange group, part of a multi billion-dollar internal hedge fund, which focused on exotic derivatives and correlation arbitrage strategies in the currency markets. About Thomas J. Herzfeld Advisors, Inc. Thomas J. Herzfeld Advisors, Inc. is considered the leading specialist in the field of closed-end funds. The firm is also the investment advisor to The Herzfeld Caribbean Basin Fund, Inc. (a closed-end fund, NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on symbol: CUBA) and an affiliate of Thomas J. Herzfeld & Co., Inc., a broker/dealer also specializing in the field of closed-end funds. More information is available on the firm's website at www.herzfeld.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion