Thomas Schmid

Experience

• 

  UBS Wealth Management

  May 1999 - May 2000

  Software Engineer

  ● Analyzed business requirements with senior Wealth Managers● Designed, developed, performance tested and deployed to all London Desks

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  Credit Suisse

  Jan 2000 - Jan 2004

  ● Developed and maintained the FIX Client Connectivity systems in Asia for DMA, Engine and Sales flow, IOIs as well as compliance checking engine. ● Lead monitoring initiative across Securities IT in Asia. Provided 2nd level support to internal and external clients. Managed and trained 1st level support team.● Managed FIX projects, connected and certified clients, realized DMA project in Japan, Korea & Taiwan. ● Integrated DMA flow with stock loan and swaps systems. Drove system enhancements to meet client specific requests.𝐀𝐜𝐡𝐢𝐞𝐯𝐞𝐦𝐞𝐧𝐭𝐬● Implemented DMA capabilities between clients, Credit Suisse and all major exchanges in Asia. Show less

  • Senior Software Engineer

    Jan 2000 - Jan 2004

  • FIX Connectivity

    Jan 2000 - Jan 2004
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  MorganStanley

  May 2004 - Jun 2010

  Vice President

  ● Managed the electronic trading infrastructure team in Asia with 12 employees in HK, TK, CN and IN. Strategic planning with senior management. Analyzed requirements and prioritized new initiatives with the MSET business, regional risk officer, compliance, IT, and Ops. Initiated, supervised, and tracked project deliverables, negotiated resources and budgets.● Added new equity and derivative exchanges to our electronic trading offering. Designed, implemented and deployed FIX interface for various algorithms. ● Drove initiatives to offer new products like DMA, algorithmic trading, as well as SWAPS to external clients. Built low latency infrastructure for high frequency clients and connect them to our infrastructure.𝐀𝐜𝐡𝐢𝐞𝐯𝐞𝐦𝐞𝐧𝐭𝐬● Successfully implemented DMA and BXS capabilities between clients, MS and all exchanges MS operated in. Show less

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  Morgan Stanley

  Jun 2010 - Apr 2023

  ● Lead Strats and IT teams to build KRONOS, a generic low latency C++/python trading system.● Implemented basis trading, SSF/Index arbitrage, futures, stocks as well as ETF market making strategies for several Traders.● Designed and implemented a high-performance backtest system which was vital for Traders/Strats to test, calibrate and optimize their strategies.● Implemented a PNL system for Facilitation desk for all Asian markets to track comms, theo-, actual- and netPNL to measure client attribution and trader performance.● Onboarded new Traders and helped realize Central Risk Books in HK/TW/KR.● Realized HK ETF Market Making system with the ability to create/redeem ETFs and automated hedging.● Researched ADR model to alert traders of trading opportunities using python and various ML algorithms.𝐀𝐜𝐡𝐢𝐞𝐯𝐞𝐦𝐞𝐧𝐭𝐬● Hired and trained a highly efficient Strats team for trading, research and Data Science, located in HK and TK.● Built a state-of-the-art trading system, which was co-located in exchanges in HK, CN, KR, TW, TK, SG.● Built trading strategies with Traders, built backtest system and optimized strategies by Sharpe 2.● Cleaned up Facilitation flow and fed my PNL calculations into firms' books. Show less

  • Executive Director Strats

    Jun 2013 - Apr 2023

  • Vice President Strats

    Jun 2010 - Jun 2013