ABOUT US
Eric Matsen, President
Eric has over 40 years of experience in trading, strategy, and portfolio risk management.
Starting in the early 80’s, Eric worked in trading, strategy, and research capacities for large Wall Street firms as well as floor trading on both futures and equity options exchanges in New York.
In the mid 1980’s he was a Stock Index Futures Strategist at Shearson Lehman Brothers. Provided market commentary and position recommendations.
In the 1990’s he worked as a Senior Options Strategist for Merrill Lynch Futures Research. It was during this time that he focused on physical commodities. This work led him to serve as Senior Vice President / Portfolio Manager and advisor to the world’s foremost independent cotton merchant, Dunavant Enterprises Inc.
Since 2003 he has functioned as an independent Physical Commodity Derivative Risk Management Consultant working with large commercial entities.
In 2008 he registered Matsen Enterprises LLC as a Commodity Trading Advisor. His expertise focuses on understanding market spread relationships and interim option pricing volatility skews.
Eric holds a Series 3 with the NFA (NFA ID: 000 9445)
ematsen@matsenenterprises.com
*****************************************************************************************************************Raymond T. Murphy, Program Development
Ray has over 40 years of commodity index and algorithmic trade development experience. He has designed numerous commodity-based trading strategies including various differentiated long-only and alternative index programs.
Developed the Dynamic Commodity Index (ADCI), an active long/short commodity index.
Managing Director at MSR Investments, a CTA providing advanced analytics for hedge fund research and risk parity investment structures.
Prior to that he was a discretionary trader at Graham Capital Management, a $20B hedge fund in Rowayton, CT where he was responsible for managing over $500m in his proprietary commodity, equity index, and fixed-income strategies.
In 2001 he independently designed and licensed to S&P what became the S&P Commodity Indices (SPCI). Ray worked alongside Archer Daniels Midland (ADM) to develop investable products tied to the new SPCI.
In 1995 he was the sole consultant to the New York Board of Trade hired to re-design the CRB Index, the world’s oldest and most well-known commodity index benchmark.
In 1990 designed the Investable Commodity Index (ICI), the first investable total return commodity index.
Ray has consulted to several large institutional clients on the benefits of commodity-based investments and trading strategies.
Ray has spoken at conferences and academic gatherings on commodity and alternative investments and their effective use as diversifiers in well-structured portfolios. He regularly lectures at Bentley University, providing graduate students with a unique perspective on the investment opportunities associated with commodity investing.
Ray graduated from Fairfield University with a BS in Finance. He holds a Series 3 and 30 license with the National Futures Association (NFA ID#: 020-5914)
rmurphy@matsenenterprises.com
*****************************************************************************************************************David Allen, Legal Counsel
David R. Allen has over thirty years of experience in commodity law. He began his career in the General Counsel's Office of the National Futures Association, the self-regulatory agency of the commodity industry. At NFA, he was involved in drafting NFA compliance rules and interpretative notices, as well as investigations and hearings. He then joined Chapman and Cutler, a large Chicago law firm. At Chapman, he worked in the division that focused exclusively on providing legal services to trading advisors and pool operators.
In November 1989, Mr. Allen established his own law firm that specializes in commodity law, with a particular concentration in organizing commodity pools; preparing disclosure documents for trading advisors and offering documents for commodity pools; reviewing and drafting agreements; and providing counsel on a wide range of regulatory issues.
Mr. Allen graduated with High Honors from the University of Notre Dame and has a J.D. from Northwestern University School of Law.
He has authored several articles that were published in the Commodities Law Letter, including “NFA Current Rule Developments: 'Know Your Customer,' Disclosure of Fees and FCM & IB Discretionary Account Disclosure” and “New Rule Explained: NFA's 'Know Your Customer' Rule 2-30."
*****************************************************************************************Dr. Jahangir Sultan, PhD, Advisor
• Professor and Chair (Finance) at Bentley University in Waltham, MA.
• Executive Founding Director, The Hughey Center for Financial Services
• Member of the Editorial Board, International Journal of Accounting and Finance
• Editorial board member, Journal of Sustainable Finance & Accounting
• Chair, Faculty Recruiting
• Ph.D. Arizona State University
Teaching Interests: International financial management
International investment
Fixed income
Securities trading;
Corporate finance
Research Interests: Cryptocurrencies
Political risk
Fintech
Foreign exchange exposure management, hedging, modeling volatility, and risk management issues
Risk management/Derivatives
This web page is for informational purposes only and should not be treated as investment advice or an offer to invest.
Past performance is not necessarily indicative of future performance. There is always a substantial risk of loss.