The AfterMathematics team is comprised of experienced trading floor veterans. Together, we have a combined 100+ years experience as traders, Risk Quants, Fundamental Quants, Senior Management and Technologists. Our mission at AfterMathematics is to help you manage your risk, the right way.
Our experience in the commodities business has had a strong concentration in energy. We have managed risk portfolios measured in the billions of dollars. We have led sales and origination groups focusing on deal generation. We have built and managed trading teams ranging from 5 to over 100 people. We have created profitable teams and global businesses using our processes.
Further, we have traded various physical and financial commodities including energy, agriculture, metals, and FX.
We understand managing P&L and VaR against a company’s daily, quarterly, annual and long-term goals. We have seen companies lose a multiple of their expected VaR, and we can help prevent this from happening to your team. Our experience and expertise provide for a unique perspective on complicated and volatile markets because we have actually traded them for decades. We extract as much risk-adjusted value as possible, and we will strengthen your business as one of your partners.
We will help you manage your risk, the right way.
Adam Hoffman is a trading and risk management professional with over 20 years of market and business experience. His consulting team at WoodedPark Strategies, LLC has over 50 years of combined experience in the commodity and energy business. We have profitably traded various physical and financial commodities; managed risk portfol
Adam Hoffman is a trading and risk management professional with over 20 years of market and business experience. His consulting team at WoodedPark Strategies, LLC has over 50 years of combined experience in the commodity and energy business. We have profitably traded various physical and financial commodities; managed risk portfolios; led sales and origination groups; built and managed trading groups, created and enhanced back and mid-office systems, designed and implemented proprietary software, and expanded global businesses for some of the largest financial institutions in the world that trade almost every asset class.
Mr. Hoffman founded The Mada Group, LLC, a Commodity Trading Adviser (CTA) which traded energy, metals, and agricultural futures and options. Prior to the Mada Group, LLC, Mr. Hoffman built and led a team at Falconwood Corp. which focused on trading commodity derivatives using both high and medium frequency methodologies. His team was one of the largest traders in NGX Canadian Natural Gas futures and ICE Henry Hub and electricity products. Prior to Falconwood, Adam ran the energy commodities and foreign exchange high-frequency trading team for Millennium Partners.
Prior to Millennium, he ran the Algorithmic Platform Trading desk at Royal Bank of Canada. Prior to RBC, Mr. Hoffman redirected Northwind Resources from an isolated proprietary trading firm into a collaborative investment company focused on arbitrage trading across various asset classes. Mr. Hoffman founded and managed Zenith Capital & Trading, LLC a commodity hedge fund with emphasis on trading volatility of natural gas and crude oil products. Mr. Hoffman co-managed the natural gas and crude oil trading desk at Pacific Gas and Electric Trading (“PGET”), turning around a business which was losing over $100MM/yr. into a profitable $1B business. Mr. Hoffman helped manage the PGET bankruptcy by arranging DIP financing, cash management and portfolio liquidations, and wound down staff and office operations.
Adam graduated from the University of Texas at Austin in 1997 with a Bachelors of Business Administration, majoring in Finance.
Mr. Halem was a quantitative trader and manager and has 30 years of experience in financial services. He was Vice President in Equity Derivatives at Salomon Brothers and the co-head of the Equity Derivatives Department at Nomura Securities International. He also founded hedge fund manager Rocket Partners. Mr. Halem was a portfolio
Mr. Halem was a quantitative trader and manager and has 30 years of experience in financial services. He was Vice President in Equity Derivatives at Salomon Brothers and the co-head of the Equity Derivatives Department at Nomura Securities International. He also founded hedge fund manager Rocket Partners. Mr. Halem was a portfolio manager for 13 years at Millennium Partners, running a team of four professionals who engaged in options, futures, and trading strategies in equity, fixed income, and commodities markets.
Mr. Halem currently is the CEO of LENR-Invest, an energy venture capital firm and the principal of Rocket Power LLC, an emerging technology consultancy. Earlier in his career, Mr. Halem designed real-time computer monitoring systems for Pan American World Airways at Cape Canaveral. The systems were used by the Range Safety group to monitor the launch of unmanned rockets and NASA's Space Shuttle Program.
Michael earned his BA in Physics from Harvard (1981) and his MBA in Finance and Management from Columbia (1984).
Managing options trading risk is difficult. Between underliers, volatility, interest rates, skews and more, there's a lot of complexity to deal with. Modeling option prices and sensitivities is mathematically demanding. When we were trying to describe and place a name onto our product, one thought was, 'After you get past all the math, it's not so bad.' And that is where the term AfterMathematics came from.
We've also observed, and perhaps you have too, that when options risk is not properly managed, the aftermath is usually not pretty. The AfterMathematics Risk Manager is designed to end the aftermath of inadequate risk management.
The AfterMath Risk Manager is comprised of a suite of option models constructed of sophisticated mathematics and implemented with sophisticated technology. Built by traders with decades of experience, implemented by technologists with parallel decades of experience, the AfterMathematics Risk Manager will change the way that commodity producers, consumers and marketers manage their risk.
Copyright © 2020 AfterMathematics Solutions, Inc. - All Rights Reserved.