Nitesh Jhaveri
About Nitesh Jhaveri
Nitesh Jhaveri serves as a Vice President at HSBC, where he has worked since 2006. He previously held a similar position at JP Morgan Chase, where he contributed to the development of algorithmic trading systems and collaborated on the implementation of trading platforms.
Work at HSBC
Nitesh Jhaveri has been employed at HSBC since 2006, serving as Vice President and Production Support Manager. In this role, he has focused on enhancing the stability of derivative trading systems by collaborating with an offshore team in India. His responsibilities include overseeing the performance of trading systems and ensuring efficient overnight batch report generation. Jhaveri has also engaged in pre/post trade analytics, market data analysis, and impact cost analysis, contributing to the overall performance improvement of trading systems.
Experience at JP Morgan Chase
Prior to his tenure at HSBC, Nitesh Jhaveri worked at JP Morgan Chase as a Vice President from 1998 to 2006. During his eight years there, he led the implementation of an algorithmic trading system using Portware for the London trading desk. His role involved hands-on development and improvement of algorithms utilizing Java. Additionally, he played a key role in implementing the Fidessa trading system on the program trading desk, collaborating closely with teams in both London and Hong Kong.
Education and Expertise
Nitesh Jhaveri earned a Bachelor of Science degree in Electrical Engineering with Computers from the New Jersey Institute of Technology, where he studied from 1986 to 1990. His educational background has provided a strong foundation for his career in finance and technology, particularly in the areas of algorithmic trading and production support management.
Technical Contributions
Throughout his career, Nitesh Jhaveri has made significant contributions to process improvements aimed at enhancing user communication, defect tracking, and release management. He has implemented Direct Market Access (DMA) flow for client trading in European and Asian markets, which has streamlined trading processes and improved client experiences. Additionally, he has developed client-specific execution summary reports in collaboration with clients and traders, further demonstrating his commitment to optimizing trading operations.