Izzy Nelken

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Founder, Super Computer Consulting, Inc.

Introduction

Dr. Israel ("Izzy") Nelken (the "Options Professor") provides expert witness and consulting services. Key specialities:

  • Derivatives
  • Exotic Options
  • Risk Management
  • Hedge Funds
  • Mutual Funds
  • Credit Derivatives
  • ETF's and ETN's
  • Volatility and Correlation Products
  • Fixed Income, Currency and Equity Derivative
  • Structured Products

Izzy is easy to work with. One of his key strengths is that he is able to explain complex mathematical and financial issues in layman's terms.

Academic Credentials

B.Sc. in Mathematics and Computer Science, Tel Aviv University 1984
M.Sc. in Computer Science, Rutgers University, 1986
Ph.D. in Computer Science, Rutgers University, 1989
Post Doctoral Fellowship at the University of Toronto, 1989-1991
1997-Current : Lecturer, Graduate program on Mathematical Finance, Mathematics Department, University of Chicago.

Recent Projects

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2020:

Izzy worked on a regulatory investigation concerning issues with a volatility realted note.

2018-2019:

Izzy worked on a forex case for some Canadian banks.

2017:

Izzy was deposed on March 10, 2017 in the case of New Hampshire Insurance Company et. al. v. MF Global Finance USA, Inc. in the Supreme Court of the State of New York (Index No. 601621/09).

2016:

Izzy was deposed as an expert witness in the case of Bison Advisors et. al. v. Irvin Kessler et. al. (Case number 0:14-cv-03121-DSD-SER).

Izzy testified in an arbitration between CBOE and a major market maker firm.

Worked on big bank cases and heloped to answer charges of misrepresentation in the volatility markets.

He testified in an arbitration between Cboe (Chicago Board Options Exchange) and Equitec Holdings on October 28, 2016.

2014-2015:

Worked on big bank cases and answered charges of market manipulation in commodities and currencies.

2013:

Assisted a broker dealer in reducing a regulatory action.

2012:

Helped an accountancy firm reach a settlement with a major client due to breach of duty.

Developed an options trading strategy for a derivatives trader.

Was instrumental in the settlement of a patent litigation lawsuit.

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Biography


Izzy is president of Super Computer Consulting, Inc. in Northbrook, Illinois. Super Computer Consulting Inc. specializes in complex derivatives, structured products, risk management and hedge funds.  Izzy holds a Ph.D. in Computer Science from Rutgers University and was on the faculty at the University of Toronto.  Izzy's firm has many consulting clients including several regulatory bodies, major broker-dealers, large and medium sized banks as well as hedge funds. The firm has also been called upon to do specialized expert witness work in complex court cases involving derivatives and risk management.

 Izzy is a lecturer at the prestigious mathematics department at the University of Chicago. He teaches numerous courses and seminars around the world on a variety of topics. Izzy's seminars are known for being non mathematical. Instead they combine cutting edge analytics with real world applications and intuitive examples.  Izzy is a member of the Chicago Board Options Exchange (CBOE) Product Development Committee and was a Director of the CBOE Futures Exchange (CFE).


IZZY's Books

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