Joe Corona

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Joe Corona
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Occupation Chief Strategy Officer
Employer Matrix Executions
Location Austin, TX
Website www.matrixexecutions.com

Joe Corona is a veteran trader, industry strategist and software and brokerage executive who is the chief strategy officer of Matrix Executions, an agency broker on all US options, equities, and futures exchanges.[1]

Before joining Matrix Executions, Corona was director of strategic planning and product strategy for ConvergEx Options Trading and Technology, formerly known as LiquidPoint.

Background[edit]

Corona has experience as a trader in both listed and over-the-counter derivatives markets. He has traded in the U.S., Europe and Asia. He is the co-author of two books on options trading; Option Spread Strategies, and Option Strategies for Directionless Markets. Corona is a longtime business associate and collaborator with Anthony Saliba.[2]

He is registered with FINRA and holds Series 7, 24 and 63 registrations.[3]

Corona partnered with fellow trader Bruce Lawrence to create a trading group they later named "Meltdown Trading" after the 1987 stock market crash nearly bankrupted the trading group. Corona and Lawrence had a group of options traders in Chicago in the financial and agricultural markets. They also hired some off-the-floor traders in 1989, one of whom was John Lothian.

Meltdown Trading was backed by LIT America, which eventually reorganized and then shutdown the group after losses accumulated after the 1989-90 FBI investigation into the market cause volatility to drop and the group was impacted by some traders who bought long time-frame call options in the soybean market.

Education[edit]

Corona is a graduate of Northwestern University in Evanston, IL, where he was a member of the football team.[4]

Videos[edit]

Corona was interviewed at the 2022 Options Conference in San Antonio, Texas for the JLN Industry Leader video series.

Corona was interviewed for the Open Outcry Traders History Project in a two part interview.

References[edit]

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Make a Nomination for the FIA Hall of Fame | FIA https://t.co/aA5xDODvus— John Lothian (@JohnLothian) December 7, 2022

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Opening Statement of Commissioner Kristin N. Johnson Before the CFTC Agricultural Advisory Committee | CFTC https://t.co/tYZS7f9EXW— John Lothian (@JohnLothian) December 7, 2022

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“I don’t believe we’re going to see a decline in ESG bond offerings,” Bank of America Vice Chair Paul Donofrio said of the ethical debt market https://t.co/9fKbvmBtK7 via @business— John Lothia...

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The latest propulsion in European power prices amplifies concern about the continent's industrial competitiveness, writes @JavierBlas https://t.co/Tgoh4qMzI3 via @opinion— John Lothian (@Jo...

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@JohnLothian: Covid Zero is bad policy, but ending it could have deadly consequences via @opinion
Covid Zero is bad policy, but ending it could have deadly consequences https://t.co/pAEwwnCFFV via @opinion— John Lothian (@JohnLothian) December 7, 2022

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