Libin Cheng is a Quantitative Researcher at One River Asset Management, where he focuses on developing trading strategies in the volatility space. Before joining One River, Libin was a senior research analyst in quantitative derivative strategy at JP Morgan. In this role, he created systematic trading strategies, including dispersion, volatility relative value, and intraday strategies, while also conducting in-depth research on market liquidity, order flows and intraday price patterns by using high-frequency transaction-level data. Libin began his career as a quantitative researcher in macro index trading at JP Morgan, and later transitioned to the role of an equity derivatives structurer. He holds a master's degree in finance from MIT, a master's degree in mathematics from Northeastern University, and a bachelor's degree in mathematics from Shanghai Jiao Tong University.