Arang Varadhachary
About Arang Varadhachary
Arang Varadhachary is the Managing Director of Algorithmic Trading at Jefferies, with extensive experience in trading and program management across various financial institutions.
Current Role at Jefferies
Arang Varadhachary currently serves as the Managing Director of Algorithmic Trading at Jefferies. He has been in this role since 2021. In this position, he oversees algorithmic trading operations, focusing on the development and implementation of advanced trading strategies.
Previous Experience at Brownstone Investment Group
Before joining Jefferies, Arang worked as the Managing Director of Program Trading at Brownstone Investment Group. His tenure lasted for 9 months, from 2020 to 2021. During this period, he was responsible for overseeing program trading activities and contributing to the firm's trading strategies.
Co-Founder of Avatar
In 2019, Arang co-founded a company named Avatar in New York, United States. He played a key role in the company's operations for a year until 2020. His experience in trading and business development contributed to the company's growth and strategy formulation.
Head of Trading at Elefant Markets
Arang served as the Head of Trading at Elefant Markets from 2016 to 2019 for three years in Salt Lake City, Utah. His responsibilities included managing the trading operations and contributing to the advancement of trading strategies within the firm.
Career at Deutsche Bank and Lehman Brothers
Arang has an extensive background in trading, having worked at various prominent financial institutions. He served as an MD in Proprietary Trading at Deutsche Bank from 2004 to 2009 in the Greater New York City Area. Prior to that, he was an SVP, Credit Trader at Lehman Brothers for ten years, from 1994 to 2004, also in the Greater New York City Area. These roles contributed significantly to his expertise in proprietary trading and credit trading.
Educational Background at Cornell University
Arang Varadhachary holds a Bachelor of Arts (BA) degree in Political Science and Government from Cornell University. He attended the university from 1989 to 1993. This academic background provided him with a solid foundation in understanding political and governmental systems, which has supplemented his career in trading.
Development of Systematic Credit Trading Platform
Arang developed a systematic credit trading platform that features a modular architecture supporting alpha overlay strategies and expansions. The platform delivers low-latency, real-time RFQ, Streaming, and Portfolio trading protocols. It also includes internalized risk management capabilities and a simulation engine, enhancing the efficiency and effectiveness of trading operations.