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Global Macro Trading in a Failed Pandemic Response

Released on Thursday, July 16, 2020•TRADING

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Join us to discover how to trade the disconnect between a failed pandemic response and record stimulus by the Fed. Larry Benedict, CEO of The Opportunistic Trader, will share his take on the market and how sustainable this path really is.

Larry Benedict

The Opportunistic Trader, CEO

Larry Benedict is CEO of The Opportunistic Trader and has over thirty years of experience as an investment professional. In 1984, he began his career as a market maker in equity derivatives products on the floor of the Chicago Board of Options Exchange. Later, Mr. Benedict worked as a market maker on the American Stock Exchange and, in 1989, was hired by Spear Leeds & Kellogg (SLK) as their options specialist in the XMI Major Market Index on the American Stock Exchange. From 1992 to 1995, he managed the off-floor derivative index trading at SLK. In 1995, Mr. Benedict became a Managing Director of the newly created proprietary trading department of SLK. During this time period, he became a Special Limited Partner of the organization. After the Goldman Sachs purchase of SLK in 2000, Mr. Benedict took the opportunity to launch Banyan Equity Management, LLC. Banyan was a short term discretionary trading hedge fund firm which managed client assets in excess of $900mm and was a recipient of Barrons top 100 hedge funds on numerous occasions. He was featured in the popular trading book series, "Market Wizards, Hedge Fund How Winning Traders Win" (2012).