RiskReversal Pod Playing Texas Hold 'Em with PEAK6's Jenny Just & Matt Hulsizer + The Retail Investing Revolution with Apex CEO Bill Capuzzi
Nov 14, 2025
Join Jenny Just and Matt Hulsizer, co-founders of PEAK6, as they delve into their dynamic journeys from O'Connor trading pits to revolutionizing finance technology. They discuss the shift in retail trading and the impact of options markets, highlighting the importance of trader education and technology. Bill Capuzzi, CEO of Apex, shares insights on fintech's role in democratizing finance and the growing convergence of traditional and decentralized finance. Together, they paint a vivid picture of the future landscape of investing.
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O'Connor Shaped Their Trading DNA
- Jenny and Matt started at O'Connor where they learned aggressive tech use and deep options knowledge.
- That culture trained many future trading firms and shaped Peak6's foundation.
From Pits To Low-Friction Markets
- Open-outcry options pits relied on reputation, handwritten tickets, and manual allocation.
- That friction contrasts sharply with today's automated, low-friction retail markets.
Learn The Back-Office First
- Learn the entire plumbing of the business to build better financial infrastructure.
- Jenny says Apex wouldn't exist without doing back-office and clearing work earlier in their careers.