Hitesh Mittal

Hitesh Mittal is the Founder and CEO of BestEx Research. Prior to this, they were Global Head of Trading at AQR Capital Management from January 2012 to August 2015, where they oversaw AQR's trading globally across all asset classes and managed a 24x7 trading desk. Hitesh also founded AQR's advanced systematic trading (AST) group to automate execution of all equities, FX and futures trading across the globe using internally developed algorithms. In addition, they built out the internal transaction costs analysis system to both estimate and measure costs across all instruments that AQR traded. The focus on estimation, automation and measurement led to significant improvement in portfolio returns across all of AQR’s strategies.

From February 2001 to August 2011, Mittal was Global Head of Algorithmic Trading and Liquidity Management at ITG, where they ran ITG's algorithmic trading and ITG's ATS POSIT globally. Hitesh was also a member of ITG's management committee. While at ITG, Mittal helped design the entire algorithmic trading suite from scratch, built a global team to manage it and expanded it to over 25 countries. ITG’s algorithms consistently ranked #1 in several categories, including transaction costs and market share. Hitesh won three patents with their colleagues related to trading algorithms and published several research papers related to market structure.

Some individuals on their team include Nigam Saraiya - Head of Products & Research, Kathryn Berkow - Senior Researcher, and Richard T. Chase - Chief Compliance Officer.