Martin Vestergaard

Martin Vestergaard General Information

Biography

Mr. Martin Vestergaard is the Founder & serves as a Manager and Partner at Carmika Partners. He has over 20 years of experience in risk management, quantitative option trading, and option market making. He started his career at Arbitrade in Chicago on the floor of the CBOE, before becoming a financial engineer and trader at Hull Trading, where he met Manjeet in 2000. He moved internally to Goldman Sachs in London before leaving to join Horizon Asset Ltd in 2002. After spending 3 years at Horizon setting up their option business, he became a risk manager and volatility/macro trader at Centaurus Capital from 2005 until 2008, at which point he left to join Manjeet at ADG Capital Management. At ADG, he traded volatility arbitrage with a macro overlay until he left in 2012 to begin trading for himself. Before founding Carmika Partners, he was a non-executive director at Xenfin Capital between 2010 and 2015. He holds a Master of Science in Applied Statistics and Econometrics from the Technical University of Denmark. As a direct result of his master's thesis, he co-published a paper entitled "Estimation in Continuous-Time Stochastic Volatility Models Using Nonlinear Filters" in the International Journal of Theoretical and Applied Finance.