Izzy Englander
Israel Englander is the Chairman, Chief Executive Officer, and Co-Chief Investment Officer of Millennium Management. He has over 35 years of extensive experience in securities and derivatives across a broad range of instruments and strategies. Before establishing Millennium in 1989, Englander worked as a floor broker and trader on the American Stock Exchange and has owned a specialist operation since 1982. He has also been on numerous American Stock Exchange committees, including Allocations, Allocation Procedures, Emerging Company Marketplace, Options, and Special Allocations.
Izzy Englander Professional Experience / Academic History
Professional Experience
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Chairman, Chief Executive Officer
Academic History
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BS in Finance
- Englander began trading stocks while he was still a high school student.
- He managed to get himself an internship at Oppenheimer & Company while attending college.
- He uses strategies such as convertible and merger arbitrage, statistical arbitrage, and fundamental long/short pairing.
- He says that his success is based on the fact that he has followed a few simple rules throughout his career:
- Maintain severe risk control.
- Be committed to non-directional strategies.
- Be disciplined enough to constantly observe the first two principles.