REALDAY OPTIONS - Key Persons


Donald Schlesinger

Job Titles:
  • Member of the Officers Team
  • President ( over 30 Years of Investment Banking, Proprietary Trading, Risk Systems, and Risk Oversight Experience )
  • President of Demand Derivatives Corp
Donald Schlesinger - President (over 30 years of investment banking, proprietary trading, risk systems, and risk oversight experience) Donald Schlesinger is the President of Demand Derivatives Corp. Prior to the merging of the individual product companies under the DDC corporate umbrella, he was instrumental in directing the companies separately. Donald Schlesinger was the Vice Chairman and Chief Strategy Officer of The VolX Group Corporation and RealDay Options Corporation - after a period of semi-retirement. Before this he was an Executive Director in Morgan Stanley Dean Witter's Worldwide Equity Derivatives department. As the Director of Derivatives Education and Training, some of Don's responsibilities included the creation, supervision, and delivery of in-house programs, as well as educational seminars for clients. In 1993, Don helped establish and perfect risk-management techniques and systems for global equity derivatives traders at the firm. Schlesinger was a member of the Institutional Equity Division's derivatives risk-management committee and served as a liaison between that unit and the firm's head of global risk management.

Jeromee Johnson

Job Titles:
  • Board Director
Jeromee Johnson - Board Director (over 15 years of experience as start-up executive and an investor, entrepreneur, and technologist with a passion for global markets and market structure)

Mr. Robert Krause

Job Titles:
  • Member of the Officers Team
  • CEO ( over 30 Years of Futures Exchange Experience, Investment Banking, Managed Futures, and Hedge Funds. He Developed the Novel Instrument Designs. )
  • CEO of Demand Derivatives Corp
Robert Krause is the CEO of Demand Derivatives Corp., a startup aspiring to be a vertically integrated U.S.-regulated futures exchange and clearing house with four innovative, proprietary instrument designs and blockchain clearing on the most liquid, traditional underlying assets. Prior to the merging of the individual product companies (VolX and RealDay) under the DDC corporate umbrella, he managed the companies separately. Mr. Robert Krause was Chairman and Chief Executive Officer of both The VolX Group Corporation (realized volatility indices and derivative instruments) and RealDay Options Corporation (delayed-strike daily options). Robert was also the Founder and Manager of HFDDX Corporation, a pioneering firm promoting cost sharing of comprehensive hedge fund due diligence services. Previously, Robert was Senior Vice President at Zurich Capital Markets. Within the Risk Management Division, he headed the group performing credit assessment for a portfolio of over 700 hedge funds with exposure close to $14 billion. He was also a senior member on the investment committee for Javelin, an actively managed fund of funds with assets over $1 billion. Previously, he was Executive Vice President, Alternative Investments at Mitsui Commodities where he oversaw the managed-futures, hedge fund, and private equity product lines. Before that, Robert was Vice President, Institutional Equity Derivatives at Morgan Stanley. There, he led the institutional training and education effort, and was the Editor-in-Chief of the quantitative research monthly magazine. Mr. Krause was a registered Commodity Trading Advisor, who brought volatility trading to the managed-futures industry. He was also with the Chicago Mercantile Exchange (CME) as the Manager, Option Products Marketing, and Director, GLOBEX Marketing. Mr. Krause graduated with a B.S. degree in Economics with an emphasis in math, macroeconomics, and derivative markets from the University of Illinois at Chicago. Mr. Krause wrote The Volatility Handbook and CME Futures and Options Strategy Guide, which was translated into five other languages. He patented listed realized volatility instruments and has patents pending in realized volatility indices, forward-starting daily options, limited risk futures, and other financial patents pending. Robert Krause - CEO (over 30 years of futures exchange experience, investment banking, managed futures, and hedge funds. He developed the novel instrument designs.

Norm Wattenberger

Norm was a vice president at Citibank, leading the Strategy and Architecture Area for the international consumer businesses. This was a centralized technology group covering 75 businesses in 45 countries. Areas included back-office systems, transactions systems, and communications. The area also created the overall technology architecture for U.S. consumer businesses. The division's facilities management and computer center also reported to Norm.

Norman Wattenberger

Job Titles:
  • Information Technology Head at Demand Derivatives Corp.
  • Technology Head
Norman Wattenberger - Technology Head (over 30 years of experience in operating systems, communications, security, databases, simulation, performance, financial applications, and decision analysis) Norman Wattenberger is the information technology head at Demand Derivatives Corp. He has worked for over 40 years in the IT field in the areas of operating systems, communications, security, databases, simulation, performance, financial applications, planning, and decision analysis. Prior to Demand Derivatives, he was co-founder and IT head at Decision Drivers, Inc, a technology decision-analysis corporation. He was responsible for development of expert systems and software used by buyers to analyze large IT acquisitions and by sellers to determine their positions in the marketplace. Clients included IBM, Dell, Sun, Cisco, Intel, and Hewlett-Packard. The company was acquired by Gartner Research where Wattenberger continued to direct the subsidiary's software efforts.

Richard Heckinger

Job Titles:
  • Board Director ( over 30 Years of Derivatives Experience Including Executive Positions and Project Management of Financial Market Operations, Products, and Risks )
  • Board Director of Demand Derivatives Corp
Richard Heckinger is a Board Director of Demand Derivatives Corp. He was formerly Vice President and Senior Policy Advisor, Financial Markets Group, at the Federal Reserve Bank of Chicago. He started his career in financial markets at the Chicago Board Options Exchange in 1973. His career has included executive positions and project management of financial market operations, products and risks. He has a wide range of international experience including Vice President, Operations and Director of the Montreal (Stock) Exchange and its options clearing corporation, respectively. After serving as Clearing House Manager, he was Vice President, Financial Marketing at the Chicago Mercantile Exchange (CME) which included a four-year posting as Executive Director of CME's London Representative Office. Following the market crisis in 1987 he was recruited to be the Chief Operating Officer of the Stock Exchange of Hong Kong (SEHK), In that position he was responsible for the development of a screen-based trading system for equities, fixed income and unit trusts (mutual funds). Equity options trading was introduced soon after. He served as a Council (board) Member of SEHK as well as a Member of the Board of Directors of its subsidiary, the Hong Kong Securities Clearing Corporation (HKSCC). He subsequently became Chief Executive of HKSCC, also continuing as a Board Member. He oversaw the project to migrate securities settlement and custody from paper and check-based manual processes to a centralized clearing and depository book-entry structure that exceeded international standards. After six years in Hong Kong he joined State Street Corp. in Boston as Senior Vice President, Global Operations where he was responsible for corporate-wide management for the conversion of all operations, funds, trusts, custody, payments systems and corporate affairs to the Euro. Following that successful conversion project, that comprised 17 business units and world-wide (90 countries) customer relationships, he was responsible for collective investments on State Street's Global Link platform in its treasury area. Returning to Chicago he was Head of the U.S. Representative Office for Deutsche Boerse AG and several of its subsidiaries including Eurex. Following that he joined the Federal Reserve Bank of Chicago where he worked on market risks, infrastructure and regulations related to the financial crisis and its aftermath. He retired from the Fed in 2015. Richard Heckinger - Board Director (over 30 years of derivatives experience including executive positions and project management of financial market operations, products, and risks).

Wendy E. Robinson

Job Titles:
  • Member of the Officers Team
  • General Counsel ( over 30 Years of Legal and Regulatory Experience in Exchanges and Derivatives )
  • General Counsel of Demand Derivatives Corp
Wendy Robinson - General Counsel (over 30 years of legal and regulatory experience in exchanges and derivatives) Wendy E. Robinson is General Counsel of Demand Derivatives Corp. She has worked for over 30 years in the financial services industry, serving as General Counsel for The VolX Group Corporation, RealDay Options Corporation, and Event Capital Markets. Prior to these positions, Ms. Robinson was Senior Counsel in PaineWebber's Legal Department, specializing in derivative transactions, stock lending, and corporate governance. Ms. Robinson also worked in the Legal Departments of Smith Barney, Merrill Lynch Futures, and E.F. Hutton, as well as in the Options and Commodities Departments of E.F. Hutton. She served as arbitration counsel with the National Association of Securities Dealers (NASD) and as staff counsel in the Trading and Markets Division of the Commodity Futures Trading Commission (CFTC).