Under his leadership, OptionMetrics emerged as a pioneer in calculating volatility and became the gold standard for empirical options research within the academic community.
NEW YORK, NY, July 01, 2024 /24-7PressRelease/ -- David Hait has been recognized for his inclusion in Marquis Who's Who. As in all Marquis Who's Who biographical volumes, individuals profiled are selected on the basis of current reference value. Factors such as position, noteworthy accomplishments, visibility, and prominence in a field are all taken into account during the selection process.
Dr. Hait is a distinguished figure in financial technology, particularly known for his groundbreaking work in options data analysis, trading and econometric research. As the founder and chief executive officer of OptionMetrics in the Greater New York City area since 1999, he has revolutionized how options are studied and traded. Under his leadership, OptionMetrics emerged as a pioneer in calculating volatility and became the gold standard for empirical options research within the academic community. Dr. Hait's foresight into the importance of options data (in providing insights on markets, equities, ETFs, futures and more) and volatility and the VIX index has positioned his company at the forefront of data-driven trading.
Before establishing OptionMetrics, Dr. Hait contributed his expertise to several prestigious financial institutions. From 1993 to 1997, he was a consultant for JPMorgan, providing valuable insights into financial strategies and risk management. He also consulted for Morgan Stanley in 1996, enhancing his reputation in the finance sector. Dr. Hait's role as a vice president at PaineWebber from 1990 to 1992 involved overseeing significant projects, and his role as an associate at Chemical Bank between 1988 and 1989 was also instrumental in his success. Among other roles, he was a member of the technical staff at AT&T Information Systems and AT&T Bell Laboratories in Holmdel, New Jersey, from 1985 to 1987 after completing an ongoing internship during the summer months at RCA between 1980 and 1983.
Possessing a rich educational background, Dr. Hait's background includes a Bachelor of Science in computer science engineering from the University of Pennsylvania in 1983, a Master of Science in computer science from the University of California Berkeley in 1985, and a Doctor of Philosophy in financial economics from New York University in 1999. He became active in Tau Beta Pi and Eta Kappa Nu during college. Dr. Hait's doctoral work shaped his understanding of the equity options market. His dissertation research also notably led to the creation of a valuable dataset for empirical research on options, marking the beginning of OptionMetrics later that year.
Throughout his career, Dr. Hait has been recognized for his various contributions to finance and technology. He has no plans to retire anytime soon. He prefers to continue contributing to the industry, attributing his success thus far to his passion, determination, hard work, and luck.
About Marquis Who's Who®:
Since 1899, when A. N. Marquis printed the First Edition of Who's Who in America®, Marquis Who's Who® has chronicled the lives of the most accomplished individuals and innovators from every significant field of endeavor, including politics, business, medicine, law, education, art, religion and entertainment. Who's Who in America® remains an essential biographical source for thousands of researchers, journalists, librarians and executive search firms around the world. The suite of Marquis® publications can be viewed at the official Marquis Who's Who® website, www.marquiswhoswho.com.
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