Haim Bodek's guest appearances

Haim Bodek

Chat With Traders

Power Trading Radio

The Loopcast

Limit Up! Podcast

Margin Call

Token Watchers

The Friendly Bear

Jack Schwager

Liam Vaughan

Steve Burns

Jerry Robinson

Brian Lee

Brett Steenbarger

Chris Tate

Brian Shannon

Anthony Crudele

Linda Raschke

Jane Gallina

Gregory Zuckerman

Robert Greifeld

Jared Tendler

Adam Grimes

OwlTail

Episode 92: Haim Bodek joins the podcast to talk about his background on how he began his career in automated, electronic trading. Haim later became an SEC whistleblower after he discovered the problem of secretive order types being used by a select few firms, giving them an unfair advantage to front-run the orders of other participants. Haim talks about the experiences he had throughout this process from the past two decades and how it exists today. BooksAuthor: Haim Bodek1.The Problem of HFT2.The Market Structure Crisis Video Documentary: The Wall Street Code Social MediaHaim BodekTwitter: haimbodekWebsite: HaimBodek.com Cobra Trading Click the link and get 33% off commissions for life as well as one month of free DAS Trader PlatformEdgeToTrade Use coupon code FRIENDLYBEAR15 for 15% off EdgeToTrade, the financial research platform for traders.Dilution Tracker Click the link and get 10% off of Dilution TrackerTraderSync Use coupon code FRNLYBR for 15% off monthly, 55% off yearly for TraderSync trading journal software TradeIdeas Use coupon code FRIENDLYBEAR for 15% off TradeIdeas real-time data stock scannerFlashSEC Click the link and get 15% off 12 months of FlashSECSuccessTrader Mention Friendly Bear when calling up SuccessTrader directly for the best possible dealTC2000 Click the link to get $25 off TC2000 servicesOrtex ORTEX brings you the most timely and accurate Short interest data available.Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the show

Episode 92: Haim Bodek joins the podcast to talk about his background on how he began his career in automated, electronic trading. Haim later became an SEC whistleblower after he discovered the problem of secretive order types being used by a select few firms, giving them an unfair advantage to front-run the orders of other participants. Haim talks about the experiences he had throughout this process from the past two decades and how it exists today. Books Author: <a href="https://twitter.com/HaimBodek" rel="nofollow" target="_blank">Haim Bodek</a> 1.<a href="https://amzn.to/3qZxjXy" rel="nofollow" target="_blank">The Problem of HFT</a> 2.<a href="https://amzn.to/3GUvsJg" rel="nofollow" target="_blank">The Market Structure Crisis</a> Video Documentary: <a href="https://www.youtube.com/watch?v=kFQJNeQDDHA" rel="nofollow" target="_blank">The Wall Street Code </a> Social Media Haim Bodek Twitter: <a href="https://twitter.com/HaimBodek" rel="nofollow" target="_blank">haimbodek</a> Website: <a href="https://haimbodek.com/" rel="nofollow" target="_blank">HaimBodek.com</a> <a href="https://get.cobratrading.com/friendlybear/" rel="nofollow" target="_blank">Cobra Trading</a> Click the link and get 33% off commissions for life as well as one month of free DAS Trader Platform <a href="https://www.edgetotrade.com/" rel="nofollow" target="_blank">EdgeToTrade</a> Use coupon code FRIENDLYBEAR15 for 15% off EdgeToTrade, the financial research platform for traders. <a href="https://dilutiontracker.com/friendlybear" rel="nofollow" target="_blank">Dilution Tracker</a> Click the link and get 10% off of Dilution Tracker <a href="https://tradersync.com/" rel="nofollow" target="_blank">TraderSync</a> Use coupon code FRNLYBR for 15% off monthly, 55% off yearly for TraderSync trading journal software <a href="https://go.trade-ideas.com/SHek" rel="nofollow" target="_blank">TradeIdeas</a> Use coupon code FRIENDLYBEAR for 15% off TradeIdeas real-time data stock scanner <a href="https://flash-sec.com/accounts/signup/?via=FRIENDLYBEAR" rel="nofollow" target="_blank">FlashSEC</a> Click the link and get 15% off 12 months of FlashSEC <a href="https://successtrader.com/" rel="nofollow" target="_blank">SuccessTrader</a> Mention Friendly Bear when calling up SuccessTrader directly for the best possible deal <a href="https://www.tc2000.com/download/thefriendlybearpodcast" rel="nofollow" target="_blank">TC2000</a> Click the link to get $25 off TC2000 services <a href="https://app.ortex.com/" rel="nofollow" target="_blank">Ortex</a> ORTEX brings you the most timely and accurate Short interest data available. Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you. <a href="https://paypal.me/friendlybearpodcast" rel="payment nofollow" target="_blank">Support the show</a>

Haim Bodek - Electronic Trading Strategist, HFT SEC Whistleblower & Crypto Trader

Chris Sullivan

Jonathan &amp; Michael are joined by Chris Sullivan and Haim Bodek of Hyperion Decimus for a deep dive discussion into high-frequency trading, cryptocurrencies vs. central bank digital currencies, market structures and how assets will intersect with the emerging technology frameworks. Chris and Haim have deep experience in capital market trading and now apply in their work in the digital asset space as the leading digital asset fund in the market today. ABOUT HYPERION DECIMUS Hyperion Decimus, LLC is a Digital Asset advisory company that approaches investing in the cryptocurrency space from a perspective of market structure and liquidity arbitrage. By taking a disciplined, tech driven, multi-strategy approach to the cryptocurrency universe, Hyperion Decimus, LLC seeks to generate alpha over short and long term time horizons. HDCX, LLC, a wholly owned subsidiary of Hyperion Decimus, LLC, provides execution services in the cryptocurrency space. LEARN MORE AT: https://www.hyperiondecimus.com/ ABOUT CHRIS SULLIVAN Mr.Sullivan is the Portfolio Manager of Hyperion Decimus. Since 2007, Mr. Sullivan has been in the securities industry with a background in algorithmic portfolio construction,  risk management,equity,futures, investment banking and derivatives trading.  Mr. Sullivan holds Series 3, 4, 7, 24, 30, 31, 66, 215, (AWMA) and (CRPC) securities licenses, and is an active Chartered Market Technician (CMT) Mr. Sullivan is also a co-founder and principal of Hyperion Wealth Management,  a non-affiliated, Florida-based Registered Investment Advisor. Mr. Sullivan has  a B.A. from Emory University in History and English with a minor in Music  and Micro-Economics, and has completed a Blockchain Technologies course  at MIT Sloan. ABOUT HAIM BODEK Mr. Bodek is the Strategy Director and Co-Portfolio Manager of Hyperion Decimus. Since 1996,  Mr. Bodek has been in the securities industry with a background in high frequency trading, electronic trading, derivatives markets, and market  structure. Mr. Bodek previously worked as VP of Hull Trading (acquired by Goldman Sachs 2007), Managing Director UBS, Joint Global Head of Electronic Volatility Trading, CEO of Trading Machines (Options HFT), and is  also a well-known whistleblower in the exposure of “undocumented order  types”. Mr. Bodek formerly held the series 3, 4, 7, 24, 55, 63, and 65. Mr. Bodek has a BA in Mathematics and Cognitive Science from the University of Rochester. Mr. Bodek's career, experiences, and advocacy for regulatory reform of securities markets are described extensively in Dark Pools by Scott Patterson, a freelance writer and staff reporter for The Wall Street Journal. Mr. Bodek is also the author of two books on market structure, The Problem of HFT and The Market Structure Crisis, as well as the subject of the documentary film The Wall Street Code directed by Marije Meerman. Mr. Bodek's contributions have influenced the ongoing public policy debate and the rapidly changing landscape for regulatory, enforcement, and litigation issues. ABOUT DIGITAL DOLLAR SUBSCRIBE TO THE EMAIL INBOX UPDATES! https://digitaldollar.substack.com  For more information about our sponsor, visit https://10xts.com Follow us on Twitter--- Send in a voice message: https://anchor.fm/digitaldollar/message

Jonathan &amp; Michael are joined by Chris Sullivan and Haim Bodek of Hyperion Decimus for a deep dive discussion into high-frequency trading, cryptocurrencies vs. central bank digital currencies, market structures and how assets will intersect with the emerging technology frameworks. Chris and Haim have deep experience in capital market trading and now apply in their work in the digital asset space as the leading digital asset fund in the market today. ABOUT HYPERION DECIMUS Hyperion Decimus, LLC is a Digital Asset advisory company that approaches investing in the cryptocurrency space from a perspective of market structure and liquidity arbitrage. By taking a disciplined, tech driven, multi-strategy approach to the cryptocurrency universe, Hyperion Decimus, LLC seeks to generate alpha over short and long term time horizons. HDCX, LLC, a wholly owned subsidiary of Hyperion Decimus, LLC, provides execution services in the cryptocurrency space. LEARN MORE AT: <a href="https://www.hyperiondecimus.com/" rel="nofollow" target="_blank">https://www.hyperiondecimus.com/</a> ABOUT CHRIS SULLIVAN Mr.Sullivan is the Portfolio Manager of Hyperion Decimus. Since 2007, Mr. Sullivan has been in the securities industry with a background in algorithmic portfolio construction,  risk management,equity,futures, investment banking and derivatives trading.  Mr. Sullivan holds Series 3, 4, 7, 24, 30, 31, 66, 215, (AWMA) and (CRPC) securities licenses, and is an active Chartered Market Technician (CMT) Mr. Sullivan is also a co-founder and principal of Hyperion Wealth Management,  a non-affiliated, Florida-based Registered Investment Advisor. Mr. Sullivan has  a B.A. from Emory University in History and English with a minor in Music  and Micro-Economics, and has completed a Blockchain Technologies course  at MIT Sloan. ABOUT HAIM BODEK Mr. Bodek is the Strategy Director and Co-Portfolio Manager of Hyperion Decimus. Since 1996,  Mr. Bodek has been in the securities industry with a background in high frequency trading, electronic trading, derivatives markets, and market  structure. Mr. Bodek previously worked as VP of Hull Trading (acquired by Goldman Sachs 2007), Managing Director UBS, Joint Global Head of Electronic Volatility Trading, CEO of Trading Machines (Options HFT), and is  also a well-known whistleblower in the exposure of “undocumented order  types”. Mr. Bodek formerly held the series 3, 4, 7, 24, 55, 63, and 65. Mr. Bodek has a BA in Mathematics and Cognitive Science from the University of Rochester. Mr. Bodek's career, experiences, and advocacy for regulatory reform of securities markets are described extensively in <a href="https://www.amazon.com/dp/B006OFHLG6/ref=dp-kindle-redirect?_encoding=UTF8&amp;btkr=1" rel="nofollow" target="_blank">Dark Pools by Scott Patterson,</a> a freelance writer and staff reporter for The Wall Street Journal. Mr. Bodek is also the author of two books on market structure, The Problem of HFT and The Market Structure Crisis, as well as the subject of the <a href="https://www.dailymotion.com/video/x5w3wg7" rel="nofollow" target="_blank">documentary film The Wall Street Code</a> directed by Marije Meerman. Mr. Bodek's contributions have influenced the ongoing public policy debate and the rapidly changing landscape for regulatory, enforcement, and litigation issues. ABOUT DIGITAL DOLLAR <a href="https://digitaldollar.substack.com/" rel="nofollow" target="_blank">SUBSCRIBE TO THE EMAIL INBOX UPDATES! https://digitaldollar.substack.com </a> For more information about our sponsor, visit <a href="https://www.youtube.com/redirect?event=video_description&amp;v=RRRKWnOG0Us&amp;redir_token=nxmJgmv2tkKAhi0GIVFEMmJF_bZ8MTU4NjQ1MTcxMkAxNTg2MzY1MzEy&amp;q=https%3A%2F%2F10xts.com" rel="nofollow" target="_blank">https://10xts.com</a> <a href="https://twitter.com/go10xts" rel="nofollow" target="_blank">Follow us on Twitter</a>--- Send in a voice message: <a href="https://anchor.fm/digitaldollar/message" rel="nofollow" target="_blank">https://anchor.fm/digitaldollar/message</a>

#21 Chris Sullivan & Haim Bodek, Principals at Hyperion Decimus in "Can We Decentralize Money Itself?"

Haim Bodek is a famed HFT leader &amp; SEC Whistleblower who’s worked at organisations such as Hull, Goldman and UBS. Haim has also created his own businesses in Trading Machines, Decimus Capital Markets and Hyperion Decimus to the market in the last decade. LINKS   Haim Bodek  The Problem of HFT  Hull Trading Company Fermilab Interactive Brokers  Flash Boys by Michael Lewis Hyperion Decimus  Escape From Evil by Ernst Becker  Dark Pools by Scott Patterson Wall Street Code 

<a href="https://haimbodek.com/" rel="nofollow" target="_blank">Haim Bodek</a> is a famed HFT leader &amp; SEC Whistleblower who’s worked at organisations such as Hull, Goldman and UBS. Haim has also created his own businesses in Trading Machines, Decimus Capital Markets and Hyperion Decimus to the market in the last decade. LINKS  <ul> <li><a href="https://haimbodek.com/" rel="nofollow" target="_blank">Haim Bodek</a></li> <li><a href="https://www.goodreads.com/book/show/17284867-the-problem-of-hft" rel="nofollow" target="_blank"> The Problem of HFT</a> </li> <li><a href="https://en.wikipedia.org/wiki/Hull_Trading_Company" rel="nofollow" target="_blank">Hull Trading Company</a></li> <li><a href="https://www.fnal.gov/" rel="nofollow" target="_blank">Fermilab</a></li> <li><a href="https://www.interactivebrokers.com/en/home.php" rel="nofollow" target="_blank">Interactive Brokers</a></li> <li><a href="https://www.goodreads.com/book/show/24724602-flash-boys" rel="nofollow" target="_blank"> Flash Boys by Michael Lewis</a></li> <li><a href="https://haimbodek.com/hyperion-decimus" rel="nofollow" target="_blank">Hyperion Decimus</a></li> <li><a href="https://www.goodreads.com/book/show/162757.Escape_from_Evil" rel="nofollow" target="_blank"> Escape From Evil by Ernst Becker</a></li> <li><a href="https://www.goodreads.com/book/show/12917124-dark-pools?from_search=true&amp;qid=dJDyrLV8Kd&amp;rank=2" rel="nofollow" target="_blank"> Dark Pools by Scott Patterson</a></li> <li><a href="https://haimbodek.com/wall-street-code" rel="nofollow" target="_blank">Wall Street Code</a></li> </ul>

Haim Bodek of Decimus Capital Markets

In his past, Haim Bodek ran a trading firm that accounted for more than 0.5% of all U.S. options trading volume. But then his trading programs turned south - and he couldn't identify why. That led him down a rabbit hole that led to the largest exchange fine in Wall Street history at the time. Now, Haim continues his quest to hold exchanges to account for unfair or deceptive practices. His story exposes a dark underbelly of Wall Street that every trader should know.

In his past, Haim Bodek ran a trading firm that accounted for more than 0.5% of all U.S. options trading volume. But then his trading programs turned south - and he couldn't identify why. That led him down a rabbit hole that led to the largest exchange fine in Wall Street history at the time. Now, Haim continues his quest to hold exchanges to account for unfair or deceptive practices. His story exposes a dark underbelly of Wall Street that every trader should know.

Dark Underbelly of Wall Street - Financial Bounty Hunter, Haim Bodek

There’s a very special guest on the podcast this week, who I’m excited to introduce…His name is Haim Bodek, although some refer to him as ‘The Algo Arms Dealer’ (and I totally understand why).Haim began his trading career at Hull Trading, a prestigious firm well known for driving forward innovation in the domain of automated trading. Following Hull, Haim then went into significant roles at Goldman Sachs, and UBS – which are all discussed during the interview.But to further set the scene, in 2007 Haim founded Trading Machines, a high frequency trading operation. At the peak, Trading Machines accounted for 0.5% of all options trading volume, with a team of 25 (one of who, was Bryan Wiener of EP 040).All was well for a couple years until the beginning of 2009, when Trading Machines ran into issues and began to bleed money, for unknown reasons. Until Haim later discovered, at the root of the problem were secretive order types being used by a select few firms, giving them an unfair advantage to front-run the orders of other participants.With this discovery, Haim went to the SEC to raise his concern about such order types – little did he know at the time, that this would be the beginning for one of the most sophisticated and complex investigations carried out by the SEC to date. So of course, we speak about all of this in much more detail during the interview.And we also speak about another fascinating topic – which is, Payment for Order Flow. Haim shares with us what is really happening to your orders after you click the button to buy or sell – you might even be surprised to find out that a large majority of retail orders, never even make it to an exchange… Learn more about your ad choices. Visit megaphone.fm/adchoices

There’s a very special guest on the podcast this week, who I’m excited to introduce…His name is Haim Bodek, although some refer to him as ‘The Algo Arms Dealer’ (and I totally understand why).Haim began his trading career at Hull Trading, a prestigious firm well known for driving forward innovation in the domain of automated trading. Following Hull, Haim then went into significant roles at Goldman Sachs, and UBS – which are all discussed during the interview.But to further set the scene, in 2007 Haim founded Trading Machines, a high frequency trading operation. At the peak, Trading Machines accounted for 0.5% of all options trading volume, with a team of 25 (one of who, was Bryan Wiener of EP 040).All was well for a couple years until the beginning of 2009, when Trading Machines ran into issues and began to bleed money, for unknown reasons. Until Haim later discovered, at the root of the problem were secretive order types being used by a select few firms, giving them an unfair advantage to front-run the orders of other participants.With this discovery, Haim went to the SEC to raise his concern about such order types – little did he know at the time, that this would be the beginning for one of the most sophisticated and complex investigations carried out by the SEC to date. So of course, we speak about all of this in much more detail during the interview.And we also speak about another fascinating topic – which is, Payment for Order Flow. Haim shares with us what is really happening to your orders after you click the button to buy or sell – you might even be surprised to find out that a large majority of retail orders, never even make it to an exchange… Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices" rel="nofollow" target="_blank">megaphone.fm/adchoices</a>