General Background:

Hamish Raw: Consultant in the Derivatives (options specialist) and Gambling, Trader/Market-maker, Financial Engineer, Software Developer, Author, Trainer, Innovator.

Chronological Background:

• • 1980: Brokered Gilts on the LSE floor for W.Greenwell & Co..
  • 1983-84: Awarded MBA from Cass Business School. (GMAT Score: 96%)
  • 1985-1999: Highly successful options market-maker on LIFFE. Also traded on LTOM, SFE & CBOT.  (Long gamma during the ’87 crash, the ’89 Berlin Wall fall, Sterling being ejected from the EMS.)
  • 1986: Created options pricing and risk management system incorporating the first ever sliding volatility skew and VaR-style risk analysis.
  • 1988: Established London Derivatives Options Software which sold stand-alone options trading software to nearly all the banks and brokers on LIFFE.
  • 1998: Founder of FFastFill Plc, a DMA software builder, listed on AIM at £54.5m in Nov. 2000.
  • 2003-2007: Screen trader out of Spain, Gibraltar and the UK.
  • 2008: Author of ‘Binary Options: Fixed Odds Financial Bets‘ (coming soon…….’20 Essential Traded Options Strategies’)
  • 2008: Parachuted in to a trading arcade to turn a haemorrhaging options book round. Subsequently became head of the desk.
  • 2018-2021: Working on a new betting vertical  Virtual Financials. This new and exciting form of betting enables the punter to have bets on fictitious assets where prices are created every second by a random number generator within a Wiener Process.
  • 2022:
    • Ongoing – Consultancy with major trading software provider covering options provision;
    • Ongoing – Consultant with major FX & CFD provider on gamified trading products;
    • Ongoing – Completion of trading options manual: ’22 ESSENTIAL OPTIONS STRATEGIES: Speculating for the Adventurous Trader’. Well in excess of 200 A4 pages taking the reader through the impact of time to expiry and changes in volatility on twenty-two different options strategies. Those structured strategies with two or more options, e.g. call spread, 2×3 put spread, etc., also provide an analysis of how the spread between the different strike prices affect the value of the strategy.
    • Ongoing: Raising funds for the launch of a new ‘long options’ fund based on the comparison of the path dependent historic volatility of an asset versus the implied volatility of the options of that asset.

  Concise and eloquent, both in speech and the written word.

  Current Work

  Although I have traded, risk managed and modelled conventional options most of my working life digital options fascinate me. My time is spent at the moment:

  1. primarily launching a new and truly innovative B2B gambling software platform, Random Walk Casino
  2. writing new books on both conventional and digital options, both specialising in options risk management
  3. writing up a compelling new methodology of creating a quantitative means of establishing the path dependent historic volatility of an asset price,
  4. going to the gym, cycling and swimming in the ‘Med’.

  Hamish Raw – Derivatives Consultant (specialising in options) serving Europe, Asia and Australasia

  Contact: Ham@HamishRaw.com