Direct Access Partners Acquires IA Englander’s Derivatives Team

Sep 12 2012 | 8:27am ET

New York-based financial services group Direct Access Partners has acquired I.A. Englander’s listed equity derivatives team.

The team includes Harry Silver, Mark Neuberger, Martin Field and Steven Goldfarb, each of whom has over 20 years of option trading experience at major investment banks, hedge funds and boutique firms.

Silver is a former Morgan Stanley managing director, Neuberger’s career included stints at both Morgan Stanley and JPMorgan, Field is a veteran of JAS Securities and JPMorgan, and Goldfarb has worked at Susquehanna Investment Group, EntreMed and Pali Capital. 

The Direct Access options team will focus on “dynamic hedging, yield enhancement, stock replacement and volatility strategies for client portfolios,” implementing its strategies through listed equity derivatives, including single stock, ETF and index options. 

Said Ben Chinea, CEO and founder of Direct Access, in a statement: “The I.A. Englander transaction is another step in the execution of our business strategy to expand into relevant and complimentary business lines. The team is an excellent fit as we continue to evaluate and actively pursue new business opportunities in asset management and global institutional trading across all asset classes.”

Founded in 2002, Direct Access Partners offers multi-asset class trading capabilities in over 100 developed and emerging markets to mutual funds, hedge funds and registered investment advisers. The firm has offices in New York, Boston, Miami and St. Louis.

 


In Depth

Hedge Fund Selection: Sussex Partners’ Patrick Ghali Bullish On The Best Of The Best

Oct 2 2014 | 5:56am ET

Ten years ago, Patrick Ghali and Robin Nydes co-founded Sussex Partners with the...

Lifestyle

Griffin Donates $1M To Rauner's Illinois Gov. Campaign

Sep 22 2014 | 9:29am ET

Hedge fund billionaire Kenneth Griffin definitely has a dog in this fight. The Citadel...

Guest Contributor

Appraisal Ratio Key To Evaluating Hedge Funds And Other New Investments

Sep 29 2014 | 3:07pm ET

As a former finance professor Peter Hecht experiences heartburn every time he hears...

 

Videos

Editor's Note

    Must Attend Hedge Fund Charity Events For October

    Sep 30 2014 | 9:29am ET

    The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…

 

Futures Magazine

September 2014 Cover

High frequency market making

High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.