15 Years in the making
Star Beta was founded by Mark Zagora and Don Di Vincenzo. Mark and Don met whilst trading at a large Proprietary Trading Firm in London in 2002 and formed a strong working relationship built on a common passion for Trading.
Both Mark and Don have a long history of training and mentoring traders with many of the traders at Star Beta having been taught directly by Mark or Don over the past 15 years.
Co-founder & CEO
Mark has been a professional trader for over 20 years. He began his trading career in Sydney on the FX Market Making Desk at Westpac and then moved to London to work as a Proprietary Trader. Whilst trading in London he became involved in the mentoring and training of traders. Upon his return to Sydney in 2007, Mark started one of the first formal trader training programs in Australia, recruiting groups of 5-10 trainee traders every 3 months to develop local trading talent. That same training program still operates with great success over a decade later at Star Beta and Mark remains closely involved. He splits his time between his two passions of trading and mentoring traders.
Don Di Vincenzo
Co-founder & COO
Having had extensive experience as a trader and trading mentor both in Australia and the UK, Don now oversees the daily operations of Star Beta and helps drive its strategy. As a co-founder, Don has been a part of Star Beta’s transformation from a two man operation to a global organisation with over 100 staff. Don enjoys solving the interesting challenges that come with being the COO of such a diverse organisation.
IN A NAME
We are often asked where the name Star Beta came from. It is actually a play on the term Statistical Arbitrage. In financial mathematics, a stat arb model generally includes a beta multiple with which to price two or more correlated assets, with the multiply sign often called “star” and the relative value coefficient called the “beta.” Because the style of trading within the firm when we first started out was predominantly market making and relative value trading, the name stuck.
Today our traders employ a great variety of trading styles and varying degrees of automation. With the support of a highly specialised management team our aim is to keep ourselves at the forefront of the trading industry.