Difference between revisions of "Sergey Aleynikov"

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{{Person-Infobox||
 
{{Person-Infobox||
 
|NAME=Sergey Aleynikov
 
|NAME=Sergey Aleynikov
|CAPTION=A photo of Sergey Aleynikov.
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|CAPTION=Portrait from [http://www.aleynikov.org/ Aleynikov's legal defense site].
|PORTRAIT=Sergey-Aleynikov-headshot.jpg
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|PORTRAIT=aleynikov_headshot2.jpg
 
|BIRTHNAME=Sergey Aleynikov
 
|BIRTHNAME=Sergey Aleynikov
 
|BIRTHDATE= February 23, 1972
 
|BIRTHDATE= February 23, 1972
 
|BIRTHPLACE= Soviet Union
 
|BIRTHPLACE= Soviet Union
 
|NATIONALITY = Russian, American
 
|NATIONALITY = Russian, American
|OCCUPATION= Computer Programmer
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|OCCUPATION= Computer Programmer and Software Architect
|BIOGRAPHY = [Short Bio Here..]
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|BIOGRAPHY = Russian-American computer programmer accused of violating trade-secret protection laws.
 
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Sergey Aleynikov is a Russian-American computer programmer who has been indicted for illegally appropriating code from Goldman Sachs, his former employer.
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'''Sergey Aleynikov''' is a Russian-American computer programmer who has been indicted for illegally appropriating code from [https://en.wikipedia.org/wiki/Goldman_Sachs Goldman Sachs], his former employer. While employed at [https://en.wikipedia.org/wiki/Goldman_Sachs Goldman Sachs] in [https://en.wikipedia.org/wiki/New_York_City New York City] between 2007 and 2009, he developed [https://en.wikipedia.org/wiki/High-frequency_trading high-frequency trading] (HFT) systems on behalf of the [http://www.goldmansachs.com/what-we-do/investing-and-lending/direct-private-investing/ Direct Private Investing] division.  In mid-2009, he received and accepted an offer from a competing [https://en.wikipedia.org/wiki/High-frequency_trading HFT] firm, [[Teza Technologies]].<ref name=vpScrutiny> Goldman's Army of VPs Draws Scrutiny in Aleynikov Fee Fight https://www.bloomberg.com/news/articles/2016-04-28/goldman-aleynikov-fee-fight-turns-on-wall-street-vp-inflation</ref> Before leaving his position at [https://en.wikipedia.org/wiki/Goldman_Sachs Goldman Sachs]http://www.rutgers.edu/, he created personal copies of source code from Goldman Sachs [https://en.wikipedia.org/wiki/Information_technology information technology] infrastructure.<ref name=depositionMcSwain>Deposition of Michael G. McSwain on July 4, 2009 https://www.scribd.com/doc/17118166/Complaint-Aleynikov</ref>  He was subsequently convicted twice of crimes related to the downloading of code and is currently still engaged in a legal defense of his actions.  His career in the [https://en.wikipedia.org/wiki/High-frequency_trading HFT] field inspired the book ''[https://en.wikipedia.org/wiki/Flash_Boys Flash Boys]''.
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==Early Life==
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Aleynikov was born to a Russian Jewish family of academics.  Before attending the Moscow Institute of Transportation Engineering,<ref name=linkedIn>Sergey Aleynikov LinkedIn https://www.linkedin.com/in/aleynikov/</ref> he first used a computer at age sixteen and became fascinated by writing computer programs.  He wished to study Computer Science during his undergraduate term, but was prevented from doing so by Soviet authorities on account of his semitism.  He was only allowed to study mathematics.<ref name=flashBoys>Lewis, Michael (2014). Flash Boys: Cracking the Money Code. Chapter Five. London, UK: Allen Lane. ISBN 9780241003633</ref>
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====Emigration to the U.S.====
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Before finishing his degree in Moscow, he became frustrated that he was not permitted to pursue his interest and concerned by the political climate in Moscow.  He decided to emigrate to the United States shortly before the collapse of the Soviet Union and arrived in New York City in mid-1990.  He would later become a naturalized U.S. citizen.<ref name=codeNotPhysicalProperty>Code Not Physical Property https://www.wired.com/2012/04/code-not-physical-property/</ref>  He sought employment in New York City and eventually found a position as a programmer at a New Jersey Medical Imaging clinic.<ref name=linkedIn/>  He soon moved to a position in the [http://www.rutgers.edu/ Rutgers University] computer science department where he completed first a Bachelor degree in computer science and then a Master of Science degree, both concurrent with his employment.
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==Professional Career==
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===Early Career===
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Upon completing his Master's degree in 1996, he took a sequence of positions working as a software engineer for internet companies.  In 1998, he took a role at a New Jersey-based [https://en.wikipedia.org/wiki/Telecommunication telecommunications] company, [https://en.wikipedia.org/wiki/IDT_Corporation IDT Corporation].  He spent nearly nine years working as a Director and Lead Engineer in IDT's Research and Development division, improving the logic used to route voice calls through telephone lines.<ref name=linkedIn/>
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===Transition to Wall Street===
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A recruiter for Wall Street financial firms contacted Aleynikov in 2006 in attempt to convince Aleynikov to apply for [https://en.wikipedia.org/wiki/Algorithmic_trading algorithmic stock trading] positions.  The recruiter believed Aleynikov was a good candidate because of Aleynikov's extensive experience working with low-latency systems like the IDT's voice call routing system.  Aleynikov was initially disinterested in the nature of the work, but agreed in 2007 to interview with [https://en.wikipedia.org/wiki/Goldman_Sachs Goldman Sachs] when he became concerned about the state of IDT's management and needed additional income to fund the purchase of a larger home for his family.<ref name=flashBoys/>  After completing several rounds of interviews, he accepted an offer for a position as a Vice-President of Equity Strategy in May, 2007.<ref name=flashBoys/><ref name=linkedIn/>
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===Departure from Goldman Sachs===
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==Prosecution==
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===Precedent===
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===Federal Case===
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===New York State Case===
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===Current Status===
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===Countersuit===
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==References==
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{{resource|
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<references/>
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Revision as of 17:52, 21 February 2017

SiLogo.png
Aleynikov headshot2.jpg
Portrait from Aleynikov's legal defense site.
Birthname Sergey Aleynikov
Date of Birth February 23, 1972
Birth Place Soviet Union
Nationality Russian, American
Occupation Computer Programmer and Software Architect
Biography Russian-American computer programmer accused of violating trade-secret protection laws.

Sergey Aleynikov is a Russian-American computer programmer who has been indicted for illegally appropriating code from Goldman Sachs, his former employer. While employed at Goldman Sachs in New York City between 2007 and 2009, he developed high-frequency trading (HFT) systems on behalf of the Direct Private Investing division. In mid-2009, he received and accepted an offer from a competing HFT firm, Teza Technologies.[1] Before leaving his position at Goldman Sachshttp://www.rutgers.edu/, he created personal copies of source code from Goldman Sachs information technology infrastructure.[2] He was subsequently convicted twice of crimes related to the downloading of code and is currently still engaged in a legal defense of his actions. His career in the HFT field inspired the book Flash Boys.

Early Life

Aleynikov was born to a Russian Jewish family of academics. Before attending the Moscow Institute of Transportation Engineering,[3] he first used a computer at age sixteen and became fascinated by writing computer programs. He wished to study Computer Science during his undergraduate term, but was prevented from doing so by Soviet authorities on account of his semitism. He was only allowed to study mathematics.[4]

Emigration to the U.S.

Before finishing his degree in Moscow, he became frustrated that he was not permitted to pursue his interest and concerned by the political climate in Moscow. He decided to emigrate to the United States shortly before the collapse of the Soviet Union and arrived in New York City in mid-1990. He would later become a naturalized U.S. citizen.[5] He sought employment in New York City and eventually found a position as a programmer at a New Jersey Medical Imaging clinic.[3] He soon moved to a position in the Rutgers University computer science department where he completed first a Bachelor degree in computer science and then a Master of Science degree, both concurrent with his employment.

Professional Career

Early Career

Upon completing his Master's degree in 1996, he took a sequence of positions working as a software engineer for internet companies. In 1998, he took a role at a New Jersey-based telecommunications company, IDT Corporation. He spent nearly nine years working as a Director and Lead Engineer in IDT's Research and Development division, improving the logic used to route voice calls through telephone lines.[3]

Transition to Wall Street

A recruiter for Wall Street financial firms contacted Aleynikov in 2006 in attempt to convince Aleynikov to apply for algorithmic stock trading positions. The recruiter believed Aleynikov was a good candidate because of Aleynikov's extensive experience working with low-latency systems like the IDT's voice call routing system. Aleynikov was initially disinterested in the nature of the work, but agreed in 2007 to interview with Goldman Sachs when he became concerned about the state of IDT's management and needed additional income to fund the purchase of a larger home for his family.[4] After completing several rounds of interviews, he accepted an offer for a position as a Vice-President of Equity Strategy in May, 2007.[4][3]

Departure from Goldman Sachs

Prosecution

Precedent

Federal Case

New York State Case

Current Status

Countersuit

References

  1. Goldman's Army of VPs Draws Scrutiny in Aleynikov Fee Fight https://www.bloomberg.com/news/articles/2016-04-28/goldman-aleynikov-fee-fight-turns-on-wall-street-vp-inflation
  2. Deposition of Michael G. McSwain on July 4, 2009 https://www.scribd.com/doc/17118166/Complaint-Aleynikov
  3. 3.0 3.1 3.2 3.3 Sergey Aleynikov LinkedIn https://www.linkedin.com/in/aleynikov/
  4. 4.0 4.1 4.2 Lewis, Michael (2014). Flash Boys: Cracking the Money Code. Chapter Five. London, UK: Allen Lane. ISBN 9780241003633
  5. Code Not Physical Property https://www.wired.com/2012/04/code-not-physical-property/