Dr Kenneth Winston Steps Down as a Director of Interactive Brokers

Interactive Brokers Group, Inc. announced today via a regulatory filing that Dr. Kenneth Winston is stepping down from his position as director. According to the document, he originally notified the firm of his resignation on October 17, 2018.

Winston’s resignation is effective from December 31, 2018. It has not been made clear as to why he resigned from the firm.

At present, Winston is a Senior Risk Officer at Western Asset Management Company, a company based in California. Since 2011, he has lecturer in economics at the California Institute of Technology.

Interactive Brokers isn’t the only firm where Winston is a director. In fact, according to his LinkedIn, he is also a director at the Society of Quantitative Analysts (SQA). Here he has worked for more than two decades, starting in January 1998.

At Western Asset Management, Winston was appointed to his current role in April of 2018. Before this, he was the Chief Risk Officer, a position he held for more than nine years, joining the firm in October 2008.

Another notable position for Winston was his time spent at Morgan Stanley, where he worked for more than four years. In August 2004, he joined the American multinational investment bank as its Chief Risk Officer. In 2008 he was promoted to Managing Director, Firm Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term.

According to his LinkedIn profile, Winston began his career as a Senior Investment Officer at OppenheimerFunds from 2001 until 2004. He has also been an adjunct professor at New York University. Winston holds a PhD in mathematics from the Massachusetts Institute of Technology.

Interactive Brokers reports slightly improved financials for Q3

Interactive Brokers is a global electronic Multi-Asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term broker and market-maker listed on Nasdaq. The news of Winston’s departure follows on the heels of the broker disclosing its financial results for Q3 2018 last week. As Finance Magnates reported, the results revealed that the company’s metrics managed to slightly improve year-on-year.