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John Succo
John Succo graduated from Indiana University with a graduate degree in finance concentrating in option pricing theory in 1984. He worked at Morgan Stanley from 1984 to 1992 where he was influential in the growth and expansion of the institutional equity derivatives market. As a principal and head of index and structured product trading, he helped develop dispersion methodology in trading and managing derivative risks, which greatly increased the liquidity and consequently the application of derivative products in asset-liability management.

In 1992, Succo became Managing Director in charge of global equity derivative trading at Paine Webber Inc. In 1996 he joined Lehman Brothers and ran derivative trading until 1998. He then joined Alpha Investments of New York heading risk management, and as a director of the Investment Management Committee, managing internal and external capital investing in hedge funds. In 2001 he jointly founded Vicis Capital, a multi-strategy hedge fund, where he manages overall risk and a portfolio concentrating in volatility extraction by opportunistically trading derivative instruments.

He welcomes your comments and feedback at Succo@minyanville.com.

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