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Another Summit to Climb

Successful in Equities, Wholesaler ATD Now Looks to Crack the Code in Options

Traders Magazine, February 2007

Peter Chapman

Tim Brennan built his first automated options trading platform back in 2000, when he was a trader with Morgan Stanley. At the time, he was part of a team preparing the big brokerage for the brand-new world of electronic trading at the soon-to-be-launched International Securities Exchange. Flash forward seven years and Morgan Stanley is one of the largest options dealers in the country, and one of only seven primary market makers or specialists at the hugely successful ISE.

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