Frederic Cosmao belongs to the Systematic Strategies group for Global Equity & Commodity Derivatives, based in Paris. Frederic joined BNP Paribas in 2002 in Mutual Funds trading and structuring in Paris. Before working in his current team, he has spent time in various structuring and trading positions in Paris, Hong Kong and New York. Within the Systematic Strategies team, Frederic is more specifically in charge of the entire production chain for all the volatility-related strategies, from algorithm design to performance reporting. Frederic holds a masters degree from ENSAE and Ecole Polytechnique.