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Podcast: Chat With Traders
Episode: Bob Bright – The Pursuit of Edge
Description: Casino floor or trading floor, Bob Bright has forever sought an edge for favorable odds…Counting cards in Las Vegas at blackjack tables, calculating three-way options at the Pacific Exchange, pairs trading correlated stocks, exploiting the tracking error of leveraged ETFs; Bob’s always pursued a mathematical advantage to win the game.Also considered by many as a pioneer of proprietary trading, Bob and a partner formed Bright Trading in 1992—at its peak, the firm was home to 490-traders across 42-offices in the U.S.Today, at 80-years of age and undoubtedly a market...