Sherman Frager will act as the head specialist for the unit. Frager received an MBA from The Wharton School, University of Pennsylvania in 1987 and immediately joined the PHLX as an option market maker. He started Main Line Options Traders in 1992. Prior to receiving his MBA, Mr. Frager worked for Grumman Aerospace as an aeronautical engineer. He holds a bachelor of science degree in aeronautical engineering from Princeton University.
Marten Hirsch will act as an assistant specialist. Mr. Hirsch has been a market maker with Main Line Options Traders since 1996. He holds a J.D. from Harvard Law School and a bachelor of arts degree from Columbia University. Prior to trading options, Mr. Hirsch was a corporate associate with Wolf, Block, Schorr and Solis-Cohen.
Ari Dobner will be in charge of technology for Main Line's Specialist Unit. Mr. Dobner holds a J.D. from the University of Pennsylvania Law School where he was editor of the University of Pennsylvania Law Review. He also holds a bachelor of science degree in computer science from Touro College. Prior to joining Main Line Options Traders as head of research and development, Mr. Dobner was an associate in the Business Department of Dechert, Price & Rhoads.
The Philadelphia Stock Exchange (PHLX) was founded in 1790. The PHLX trades more than 2,200 stocks, 1,016 listed equity options, 12 sectors index options and currency pairs. For more information about the PHLX and its products, visit www.phlx.com.