What is Bernard Opetit's trading background?

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"Seventeen years ago, I joined BNP Paribas right after graduating from school. I initially worked in the technical department of BNP Paribas, but this period was not long. At that time, it was still in the early stage of information technology development, and personal computers were not popular."

"Between 1982 and 1987, I worked in investment banking at the Paris headquarters. During this period, I traded for an insurance company where we owned 25% of the shares, and the rest of the shares were held by the general public. At that time, a stock battle broke out, and the stock price rose by 400% from the start to the end of the campaign."

"This was in 1986. I said to myself: 'I should find a way to enter the risk arbitrage field, and I should look for another potential target for mergers and acquisitions.' In 1987, I was transferred to New York. From 1990, I was in charge of the business in the New York area until 1995."

"Next, I was in charge of the entire group's derivative trading business, with bases extending to London and Asia. We made a lot of money very steadily, but we never intended to increase the company's reputation, because we were not ready to raise funds from the outside. All transactions used BNP Paribas' capital. At that time, my name often appeared in the New York Times."

"I mainly look for special trading opportunities, including mergers, acquisitions, bankruptcies, and various corporate restructurings, and engage in various stocks, options, and bonds trading with a very open attitude. One thing is very important, we always use a bottom-up approach. There has never been any top-down case."

"Every transaction is for a specific company. We are interested in specific events that happen to specific companies, that's what we want, the object is someone who wants to do this or someone who wants to do that. That's it, we will never trade because of general factors or general trends such as interest rates, exchange rates, etc."

"I have been working in this field for eight years, and I was transferred to London two years ago to be in charge of global equity derivatives trading. The main reason why I accepted this position was because I could continue to engage in risk arbitrage trading. I am responsible for managing more than 40 traders in New York, London, Paris, Singapore, Tokyo, and Hong Kong, and they are all the world's top option traders."

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