Avatar Securities, LLC
Michael Stapleton has extensive experience in proprietary trading, having held positions at several firms since 1990. Currently at Avatar Securities, LLC since September 2014, Michael also worked at Quasar Trading, LLC, Coastal Trade Securities, LLC, and Hold Brothers, with roles as a proprietary trader. Earlier experience includes tenure at Assent, LLC as a proprietary trader and equity trader for Sungard/Brass/Assent. Michael began the career at Pershing as a Financial Services Manager from 1990 to 1997. Educationally, Michael holds a BA in Political Science and History from Rutgers University and an MBA/MIS from Saint Peter's University.
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Avatar Securities, LLC
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Avatar Securities is a multi-strategy proprietary trading firm based in Manhattan with offices in Austin and Chicago, with a presence expanding nationwide. Avatar is a technology-centric equity and equity options PnL igniter with a commitment to excellence in both its traders and providing the tools they need to excel in a marketplace defined by change and disruption. The core mission of our firm is simple: manage the inherent risk in today’s markets, provide best of breed trading technology and automation, and meet the capital requirements of experienced traders. Avatar’s team includes proven experts in all areas of the trading industry. Our infrastructure provides competitive advantages in the areas of risk management, automation, compliance, software development, network engineering, back office management, operations and technical support. Along with the unique collaborative culture of our proprietary trading desks, Avatar ensures an unmatched experience to enhance alpha generation for our traders. Avatar Securities, LLC is a SEC registered prop-only broker-dealer and a member of NASDAQ OMX PHLX.