OptionMetrics Announces New Leadership Structure to Reflect Company Growth

OptionMetrics,
an options database and analytics provider for institutional and retail
investors and academic researchers, has restructured its management
leadership as it continues to expand into new markets. David J. Hait,
Ph.D., founder of OptionMetrics, formerly President of the company, is
now Chief Executive Officer. Eran Steinberg, formerly Vice President of
Sales and Marketing at OptionMetrics, now serves as Chief Operating
Officer and Chief of Staff. Garrett DeSimone, Ph.D., also recently
joined the team as Head of Quantitative Research.

Hait says the company is restructuring its leadership
to better meet the needs of the marketplace and to continue driving
growth among hedge funds, portfolio and asset managers, equity options
traders, banks, pension funds, and family offices in the U.S. and abroad.

“These management changes reflect OptionMetrics’ strategic direction. We
have grown our client base and staff, and have structured our team to
align with that growth and our commitment to providing the gold standard
in historical option pricing,” says Hait. “Since joining us in 2015,
Eran has been instrumental in creating brand awareness and greater
market penetration. Our new resident quant, Garrett, is extremely
talented at producing valuable options research, as well as breaking
down complex investment strategies.”

As Head of Quantitative Research at OptionMetrics, DeSimone is
developing empirical research focused on derivative pricing and
macroeconomics. He graduated with his Ph.D. in financial economics from
the University of Delaware, where he served as an adjunct lecturer in
finance and economics. He earned an M.S. in economics and applied
econometrics from the University of Delaware, and a B.S. in mathematics
from the University of Maryland-Baltimore County.

CEO David Hait, Ph.D., a financial economist with more than 20 years of
experience in applied quantitative derivative research and technology,
founded OptionMetrics in 1999 to develop the industry standard for
options data. Today over 300 institutional subscribers, and more than
half of the top 100 business schools in the world, rely on OptionMetrics
as their main source of options pricing, implied volatility
calculations, volatility surfaces, and analytics. OptionMetrics has
covered every U.S. strike and expiration option on over 3,000 underlying
stocks and indices since 1996, and also provides data for Europe, Asia,
Canada, and global indices.

About OptionMetrics:

OptionMetrics
provides extensive data, analytics and tools to help financial
professionals understand the options markets. Founded in 1999,
OptionMetrics distributes its IvyDB historical options databases for the
U.S., Canada, Europe, Asia, and global indices to corporate and
institutional subscribers worldwide, as well as top business schools in
the world. Leading portfolio managers, equity options traders, and
quantitative researchers rely on IvyDB’s extensive and high-quality data
to construct and test options investment strategies, perform empirical
research on option prices, and accurately assess risk. Find more
information about OptionMetrics and its products at www.optionmetrics.com
or on LinkedIn,
Twitter,
and Facebook.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180712005235/en/

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