New Limit Up/Limit Down Rules Start Today
4/8/2013New limit up/limit down rules will add additional complexities to the markets in an attempt to curb volatility. Let's see how they actually work.
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Michael J. Levas has been in the investment management business for over 25 years and is the founder, senior managing principal & chief investment officer at the Olympian Group of Investment Management Companies. Prior to Olympian, he was a VP and Portfolio Manager in the Private Client Group at Lehman Brothers Inc. Prior to that, he was a VP with SG Cowen, UBS PaineWebber and Bear Stearns where he managed multi-assets in both institutional and retail portfolios.
Levas is the former founder and managing member of Olympian Securities LLC, and is a formally licensed Series 24 general securities principal and Series 7 general securities representative. He currently holds a Series 65, investment adviser representative license with FINRA. Levas is also the former founder and principal of Olympian Futures LLC, a former (NFA) registered introducing broker, and a formally licensed Series 3 associated person. He currently holds the Chartered Portfolio Manager (CPM) designation from the American Academy of Financial Management. He completed investment management studies at Harvard Business School and global investment risk management at the University of Oxford Said Business School. In addition, Levas has completed the Hedge Fund Programme at The London Business School. He is a current member of the CFA Institute, Securities Traders Association of Florida and formerly served on the 2008/2009 board of directors of The Hedge Fund Association.
Levas is a frequent conference speaker and commentator on the financial markets & asset management industry.
Specialties: Momentum Trading, Actively Managed Portfolios, Multi Asset & Macro Trading, FX Trading, Listed Option Trading, Call & Put Writing, Spreads. In addition, Levas has extensive executive and senior level operational experience in various aspects of founding and managing asset management firms, broker-dealers & hedge funds.