Wednesday, 26 October 2016
Last updated 10 hours ago
May 2 2014 | 12:19pm ET
A top JPMorgan Chase volatility trader has left the bank to join hedge fund Och-Ziff Capital Management.
Jeremy Wien will focus on equity-index derivatives at New York-based Och-Ziff, Bloomberg News reports. Wien announced his departure in an e-mail to clients and colleagues yesterday.
Wien was head of Chicago Board Options Exchange Volatility Index trading at JPMorgan, which he joined two years ago from hedge fund Peak6 Capital Management. He also formerly worked at Alphabet Management and Goldman Sachs.
Wien joked that he appreciates “greatly all of your advice and encouragement regarding the best way to lose a few pounds as well as to improve my fashion sense.” The 29-year-old said that “while I haven’t necessarily heeded any of that advice to date, I assure you that I will at some point.”