How a Jazz Pianist Took a Top Post at Wall Street Hedge Fund

  • Larry Richards sold options algos to Wall Street hedge fund
  • Richards became Gammon Capital’s chief technology officer

Larry Richards.

Source: Larry Richards
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Larry Richards, a trained jazz pianist and former phone-company executive, is an unlikely entrepreneur in the esoteric world of stock options.

Just three years after taking an online course on equity derivatives, Richards set up his own company in 2013 to develop trading software for individual investors and small funds. At the end of 2016, the 53-year-old sold the firm to Wall Street hedge fund Gammon Capital, becoming that company’s chief technology officer.