Options database OptionMetrics announces new leadership structure

OptionMetrics, an options database and analytics provider for institutional and retail investors and academic researchers, has restructured its management leadership as it continues to expand into new markets. David J. Hait, Ph.D., founder of OptionMetrics, formerly President of the company, is now Chief Executive Officer.

Eran Steinberg, formerly Vice President of Sales and Marketing at OptionMetrics, now serves as Chief Operating Officer and Chief of Staff. Garrett DeSimone, Ph.D., also recently joined the team as Head of Quantitative Research.

Hait says the company is restructuring its leadership to better meet the needs of the marketplace and to continue driving growth among hedge funds, portfolio and asset managers, equity options traders, banks, pension funds and family offices in the U.S. and abroad.

“These management changes reflect OptionMetrics’ strategic direction. We have grown our client base and staff, and have structured our team to align with that growth and our commitment to providing the gold standard in historical option pricing,” says Hait. “Since joining us in 2015, Eran has been instrumental in creating brand awareness and greater market penetration. Our new resident quant, Garrett, is extremely talented at producing valuable options research, as well as breaking down complex investment strategies.”

As Head of Quantitative Research at OptionMetrics, DeSimone is developing empirical research focused on derivative pricing and macroeconomics. 

CEO David Hait, Ph.D., a financial economist with more than 20 years of experience in applied quantitative derivative research and technology, founded OptionMetrics in 1999 to develop the industry standard for options data. Today more than 300 institutional subscribers use OptionMetrics as their main source of options pricing, implied volatility calculations, volatility surfaces and analytics.