Ex-Goldman MD: "Credit Markets Move in Step Functions"

October 8, 2026 · 1 hr 22 min

Geoffrey Williams spent more than a decade at Goldman Sachs, where he traded structured products through the 2008 financial crisis and later co-ran the CMBS trading business. In this episode of Odds on Open, he takes Ethan Kho inside the…
Ex-Lehman Trader: AI Won't Give You Edge

October 1, 2026 · 56 min

Checkout Flux 4.0 here: https://www.flux.live/flux4/index.html In this episode of Odds on Open, Alpaca Co-Founder and CEO Yoshi Yokokawa breaks down the changing microstructure of systematic trading, the democratization of quantitative…
Retail Trader vs. Hedge Fund Manager: Where Is the Real Alpha?

September 24, 2026 · 1 hr 28 min

Checkout Flux 4.0 here: https://www.flux.live/flux4/index.html Chris Camillo and Tom Costello go head-to-head on Odds on Open's first every debate episode. They answer a question every trader eventually confronts: who is actually better…
Ex-IMC Semiconductors Quant: AI Is Good Enough to Beat the S&P 500

September 17, 2026 · 1 hr 14 min

Lihong Wang spent his career as a discretionary options trader at IMC, one of the world's largest market makers, trading semiconductor volatility on names like Nvidia, AMD, and Broadcom. In this episode, he breaks down how a prop trading…
Hedge Fund Manager Alix Pasquet: How Small Funds Can Outsmart Multi-Managers

September 11, 2026 · 1 hr 33 min

Checkout Flux 4.0 here: https://www.flux.live/flux4/index.html Alix Pasquet, hedge fund manager and Managing Partner at Prime Macaya Capital, breaks down how fundamental investors build durable edge in modern markets. In this episode, Alix…
⁠Greed Makes Markets: Market Making From First Principles With an HFT Quant

September 3, 2026 · 45 min

How does market making actually work? In this lecture, former high-frequency trader Annanay Kapila (Flow Traders, Tower Research Capital; founder & CEO of QFEX) breaks down the mechanics of market making from first principles. He maps the…
22-Year-Old Hedge Fund Manager: “Hedge funds are the least sexy business in the world”

August 27, 2026 · 1 hr 5 min

Checkout Flux 4.0 here: https://www.flux.live/flux4/index.html Noah Kann is 22, running his third firm, and managing capital raised from some of the wealthiest families in America. On this episode of Odds on Open, Ethan Kho sits down with…
He Started a Quant Fund in His Dorm. Now He's Building the Brokerage for Everything.

August 21, 2026 · 1 hr 14 min

Checkout Flux 4.0 here: https://www.flux.live/flux4/index.html Lucas Schuermann started a market-neutral quant fund in his Columbia dorm room, trading stat arb across FX and early crypto markets, before dropping out to scale it into Q…