In the past, structured note trading was something that was only available to high powered firms or wealthy individuals. A new startup, Halo Investing, is turning that on its head and democratizing structured note trading so that individuals can get a piece of what has become a $3 trillion market. Our guest this week on Limit Up!, Biju Kulathakal, discusses the future of structured note trading and why traders should get in on that now.Biju also talks about his time as a trader and how that helped him on his current path as the CEO of a startup. Stay tuned for this week’s MARKet Reaction. [00:37] - This week: Biju Kulathakal [01:37] - Market reaction [02:39] - Jeff Carter interview with Biju Kulathakal[02:47] -https://www.gofundme.com/f/name-a-hotel-room-so-we-never-forget ( Name A Hotel Room So We Never Forget ) [03:28] - Biju's variety of experiences [04:13] - Embedded optionality [06:16] - Catching the wave [08:53] - A platform for structured notes [13:34] - How Halo is different [17:06] - Protection on the downside [26:48] - Inspiration for an elegant solution [33:38] - Private markets [38:12] - Attracting human capital [43:58] - Being a venture capitalist [48:38] - Diversity of pedigree [55:14] - What's next for Halo [56:37] - Getting on the platform
https://www.linkedin.com/in/biju-kulathakal-b5b80b1/ (Biju Kulathakal) is the co-founder and CEO of https://haloinvesting.com/ (Halo Investing) where he leads the organizational strategy and team. He was one of the early co-founders of Redbox. Additionally, he was a founder and the past Chairman and CEO of Trading Block Holdings, an online brokerage firm specializing in option traders. Biju received a BS in Aerospace Engineering from Illinois Institute of Technology.This episode of Limit Up! is hosted by https://www.linkedin.com/in/jeffreyrcarter/ (Jeff Carter). Jeff is a general partner at https://www.westloopventures.com/ (West Loop Ventures). In April of 2007, he co-founded Hyde Park Angels and spearheaded the growth and development of one of the most active angel groups in the United States. He has consulted on the startup of several other angel groups. He is a former independent trader and member of the CME Board of Directors and was part of a small group that transformed CME from an open outcry exchange to the largest electronic exchange in the world. In 1998, CME was worth $182,134,000 in membership enterprise value. Today it’s worth $55 Billion.Limit Up! is a podcast for traders of all levels brought to you by https://www.topsteptrader.com/?utm_source=limitup_podcast&utm_medium=cta&utm_campaign=ongoing_limitup_to_tst&utm_content=limitup_podcast (Topstep). Whether you’re considering a career in trading and don’t know where to start, or you’re a seasoned veteran looking for advice from big names in the financial industry, Limit Up! is your guide. Join us weekly as we discuss the market in all of its volatile glory. https://www.topstep.com/risk-disclosure/ (Risk Disclosure: https://www.topstep.com/risk-disclosure/) If you'd like to receive new episodes as they're published, please subscribe to Limit up! inhttps://itunes.apple.com/us/podcast/limit-up/id1314000892?mt=2 ( Apple Podcasts),https://podcasts.google.com/?feed=aHR0cHM6Ly9mZWVkcy50cmFuc2lzdG9yLmZtL2xpbWl0LXVw ( Google Podcasts),https://open.spotify.com/show/4FIopulB8vDsVaGxIIRcmL?si=MMXPQWnPRcqiaKwDjSbuqQ ( Spotify) orhttps://feeds.transistor.fm/limit-up ( wherever you get your podcasts). If you enjoyed this episode, please consider leaving a review inhttps://itunes.apple.com/us/podcast/limit-up/id1314000892?mt=2 ( Apple Podcasts). It really helps others find the show.https://www.dante32.com/ (Podcast episode production by Dante32.)