Thorsten Wegener On the Simplest Way to Understand Option Markets
Macro Hive Conversations With Bilal Hafeez
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How Did You Lose That Much Money?
i started as a humble market maker at urix. And i worked for 11 years for west elb. It was een trading then thatas the jon ye wanted, not sales. I was responsible for 15 of the 30 duck stocks. Ther were industrial companies and the car manufacturers. That was my market, which i had to make for institutional clients. Wee ad the big pension funds. West elvia, at thet time, was the fifth largest bank in germany. So all the big names used us as one of the counter parties they used. There were toceban, golden saks, best elvi resone ban comesban. These were the players in
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