Dave Olsen, Managing Director, Global Clearing, J.P. Morgan
Dave Olsen is the Head of Global Clearing at J.P. Morgan. This unit includes the Futures & Options, OTC Derivatives, and Securities Clearing businesses, as well as the traditional derivatives and FX prime brokerage functions. He is also a member of the firm’s Market Structure executive committee.
Prior to his current role, Olsen was the head of the firm’s global Agency Trading business, and was responsible for the underwriting, distribution, and trading of GSE and related securities. Before entering the Agency business in 2001, he was responsible for the development of electronic trading and syndication systems within LabMorgan, the firm’s e-finance unit. The e-commerce role included the development of web-based trading systems and the formation of various fixed income consortia.
Until December 1999, Olsen was the co-head of the corporate bond syndicate desk where he managed the underwriting of bond offerings for investment grade borrowers. In addition to the management of the syndicate desk, he held various capital markets and derivatives roles tailoring funding and risk management solutions for J.P. Morgan’s corporate clients.
Olsen joined J.P. Morgan in 1991 as a corporate finance analyst, spending the majority of his early years at the firm in Mergers & Acquisitions based in both New York and Chicago. He had previously held positions at both the Federal Reserve Bank of Chicago and the Commodity Futures Trading Commission in Washington, DC.