SOSNICK
Steve

• 1. Career
• 2. Education

Steve Sosnick is the Chief Strategist at Interactive Brokers (IBKR), which provides online trade execution and clearing services to institutional, professional and individual investors for a wide variety of electronically traded products including stocks, options, futures, forex, bonds, and funds worldwide.

Career

He also serves as Head Trader of Timber Hill, the firm’s trading division, and is a Member of Interactive Brokers Group, the firm’s holding company. Steve has held numerous roles in the organization since joining Timber Hill in 1995 as Equity Risk Manager and Options Market Maker. He led the firm into Canada in 1998 and managed Timber Hill Canada from its inception.

Much of Steve’s career was spent quietly developing and implementing algorithmic and electronic trading strategies for stocks and options before moving into a more visible role as the firm’s Chief Options Strategist and later as Chief Strategist. Steve has guest-authored several columns in Barron’s and makes regular live appearances on Bloomberg TV and Radio, as well as Yahoo Finance. He has held board memberships at various stock exchanges, serving as a board member of CBSX, NSE and ISE-SE.

n Canada, he is a member of the MX Regulatory User Group and the IIAC Derivatives Committee. Prior to joining Interactive Brokers, Steve held senior trading roles at Morgan Stanley, Lehman Brothers, and Salomon Brothers, where he completed the firm’s famed training program.

Education

He holds both an MBA in Finance and a BS in Economics from The Wharton School of the University of Pennsylvania.