Navigating Risk & Opportunity: The Role of Futures in US Credit Markets

Jake Riley, CFA is a portfolio manager on the Global Bond Index desk at Vanguard responsible for the oversight of USD IG corporate risk and trading.  Mr. Riley’s areas of expertise include investment grade corporate bonds, ETFs, and fixed income market structure.  Mr. Riley received an MBA from The University of Chicago Booth School of Business and BS degrees in Mathematics and Quantitative Finance from James Madison University and holds the Chartered Financial Analyst (CFA) designation.

Matthew Angelucci, CFA, is a Managing Director and portfolio manager on the Multi-Sector Team responsible for Global Bond Strategies. Mr. Angelucci specializes in global interest rates, country and sector allocation, ETFs and derivatives. Prior to assuming his current position, he was an analyst in the Portfolio Analysis Group. Mr. Angelucci joined the Firm in 2005. He received a BS in Corporate Finance and Accounting from Bentley University. Mr. Angelucci holds the Chartered Financial Analyst (CFA) designation.

Theo Frelinghuysen has traded credit derivatives for over 10 years and currently the leads the NA Macro Credit Trading team at JPMorgan.

Ted currently serves as the product lead for Long-Term Interest Rate (LTIR) products at CME Group, spanning U.S. Treasury Futures, Eris Swap Futures, TBA Futures, and Credit Indexes. Since joining the company in 2013, Ted has worked on several key product launches including Ultra10 Futures, SOFR Futures, and Term SOFR benchmark administration. He holds both an MBA from NYU Stern and an Bachelor of Arts from Colgate University.

Fateen Sharaby is a business manager for index-linked products within Bloomberg Index Services Limited. In this role, he is responsible for growing the derivatives business linked to Bloomberg indices including bilateral and cleared OTC swaps, listed futures and options as well as related tools and analytics. Before joining Bloomberg, Mr. Sharaby was an Executive Director of Clearing & Post-Trade Product Management at CME Group where he led a global product management team responsible for the development of all new listed and cleared OTC products and post-trade services from inception to marketplace adoption. Before that he worked in various roles at IBM Global Business Services and Countrywide Financial. Mr. Sharaby holds a B.S. in business management from California State University, Northridge.

David Mullen is a senior business manager in Bloomberg LP’s Fixed Income Core Product area. In his role he is responsible for developing new fixed income analytics and tools for identifying relative value trading opportunities in the fixed income credit markets.

Mr. Mullen has been with the firm for over 25 years and prior to his current role, he was a member of Bloomberg Index Services Limited (BISL) and responsible for developing new fixed income derivative products tracking Bloomberg indices. Prior to that, he developed BSKT <GO> – the fixed income ETF market’s first electronic Creation/Redemption platform and developed FI ETF analytics on the Bloomberg terminal. He was also responsible for developing Bloomberg’s Fixed Income Electronic Trading platform (FIT) and has been a speaker at many industry conferences over the years

Before joining Bloomberg, he spent several years as a fixed income trader and salesperson at several Wall Street firms including Deutsche Bank, Donaldson Lufkin and Jenrette and Prudential Securities.

Dave Gedeon oversees the strategy and development of products and services for Bloomberg’s Index business, including fixed-income, the commodity and alternatives index suite, multi-asset strategies, 3rd party calculation efforts, and the global equity expansion. He is a recognized industry leader in index design and implementation. Prior to joining Bloomberg in January 2020, Mr. Gedeon was the Global Head of Research & Development at Nasdaq and was responsible for index product management, development, and research of Nasdaq Global Indexes. During his tenure, he oversaw the launch of thousands of indexes and subsequent product growth. Mr. Gedeon holds a B.A. in economics from Denison University.