Jarrod Yuster

Jarrod Yuster General Information

Biography

Mr. Jarrod Yuster is the Founder and serves as Chief Executive Officer & Chairman at Pico Quantitative Trading. He is a financial services industry veteran with more than 14 years in institutional equity trading. Most recently he was a Managing Director and Global Head of Merrill Lynch's Portfolio and Electronic Trading, where he oversaw the business from inception in 2002. He was responsible for sales, trading, risk, service, product development and quantitative analytics for these products worldwide. His trading products reached over 85 global equity markets and were used by institutional clients, hedge funds, broker-dealers and retail clients as well as Merrill Lynch's internal trading desks. His team built electronic and quantitative trading strategies and provided consulting to clients on execution, transaction cost analysis, trading technology and market structure. He was on the equity management committee responsible for strategic investments and partnerships and held several Director and Advisory roles for portfolio companies and industry committees (including a member of the NSX Board of Directors, OES Market group Board of Directors, FTEN Advisory Board, the NYSE electronic trading committee (ELTAC), and an NYSE seat in his name representing Merrill Lynch). He has extensive experience in starting trading businesses. Prior to joining Merrill Lynch, he led the quantitative and automated trading efforts in the portfolio trading group at Schwab Capital Markets where he joined a Schwab-led start-up investment bank, Epoch Partners, which was sold to Goldman Sachs in 2001. He has held positions in quantitative research and program trading at Bank of America Securities and Deutsche Bank Securities, both start-up trading desks. Prior to working on Wall Street, he worked as a product engineer, performing semiconductor research at Intel Corporation. He received his M.S. in electrical engineering from Columbia University and a B.S. in electrical engineering from Yale University.