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OptionMetrics Announces New Leadership Structure to Reflect Company Growth

OptionMetrics Announces New Leadership Structure to Reflect Company Growth

New York – July 12, 2018 – OptionMetrics, an options database and analytics provider for institutional and retail investors and academic researchers, has restructured its management leadership as it continues to expand into new markets. David J. Hait, Ph.D., founder of OptionMetrics, formerly President of the company, is now Chief Executive Officer. Eran Steinberg, formerly Vice President of Sales and Marketing at OptionMetrics, now serves as Chief Operating Officer and Chief of Staff. Garrett DeSimone, Ph.D., also recently joined the team as Head of Quantitative Research.

Hait says the company is restructuring its leadership to better meet the needs of the marketplace and to continue driving growth among hedge funds, portfolio and asset managers, equity options traders, banks, pension funds, and family offices in the U.S. and abroad.
“These management changes reflect OptionMetrics’ strategic direction. We have grown our client base and staff, and have structured our team to align with that growth and our commitment to providing the gold standard in historical option pricing,” says Hait. “Since joining us in 2015, Eran has been instrumental in creating brand awareness and greater market penetration. Our new resident quant, Garrett, is extremely talented at producing valuable options research, as well as breaking down complex investment strategies.”

As Head of Quantitative Research at OptionMetrics, DeSimone is developing empirical research focused on derivative pricing and macroeconomics. He graduated with his Ph.D. in financial economics from the University of Delaware, where he served as an adjunct lecturer in finance and economics. He earned an M.S. in economics and applied econometrics from the University of Delaware, and a B.S. in mathematics from the University of Maryland-Baltimore County.

CEO David Hait, Ph.D., a financial economist with more than 20 years of experience in applied quantitative derivative research and technology, founded OptionMetrics in 1999 to develop the industry standard for options data. Today over 300 institutional subscribers, and more than half of the top 100 business schools in the world, rely on OptionMetrics as their main source of options pricing, implied volatility calculations, volatility surfaces, and analytics. OptionMetrics has covered every U.S. strike and expiration option on over 3,000 underlying stocks and indices since 1996, and also provides data for Europe, Asia, Canada, and global indices.

About OptionMetrics:

OptionMetrics provides extensive data, analytics and tools to help financial professionals understand the options markets. Founded in 1999, OptionMetrics distributes its IvyDB historical options databases for the U.S., Canada, Europe, Asia, and global indices to corporate and institutional subscribers worldwide, as well as top business schools in the world. Leading portfolio managers, equity options traders, and quantitative researchers rely on IvyDB’s extensive and high-quality data to construct and test options investment strategies, perform empirical research on option prices, and accurately assess risk. Find more information about OptionMetrics and its products at www.optionmetrics.com or on LinkedIn, Twitter, and Facebook.