Eric Nyman, trader and author of popular books about the stock exchange
Eric Nyman is the author of one of the most popular books in the field of investing and stock trading, namely “ The Small Encyclopedia of the Trader .”
This book captures people's minds not because of the writing talent that Nyman undoubtedly possesses, but because of the practical useful information, since its author is a practicing trader and fund manager of the largest financial company Capital Times.
Eric Nyman and the story of his success are especially close to traders from Russia, Ukraine and Belarus, since this is where Nyman gained authority and made a name for himself.
The financier was born in 1969 in the Russian city of Novosibirsk.
If we talk about his family, they went through a very difficult migration path before Naiman could be born. The fact is that Eric’s grandfather was a purebred German, who moved to Ukraine with his family in 1930 in order to realize himself and feed his family.
Memories from Eric Nyman's childhood are almost impossible to find anywhere, but it is reliably known that at a young age he showed a special love for numbers. The most interesting thing is that Eric chose the profession of a trader at the age of 12.
First information about the exchange
One day, while re-reading a newspaper, he came across a biography and success story of a woman from the stock market (most likely Linda Raschke), which really captivated the young man and forced him from a young age to find all sorts of sources of information about the stock exchange.
After graduating from school, Eric confidently enters the Novosibirsk University to study economics. At the same moment, Eric Nyman chooses the future profile of exchange activity, namely, he actively begins to study the foreign exchange market and macroeconomics and, in parallel, the stock market, conducting the first analysis of various reports of domestic companies.
By the end of the fifth year, university teachers noticed the student’s special talent, so they helped open the first exchange office called “Spread,” which traded in vouchers.
Unfortunately, Eric turned out to be not so good at this type of entrepreneurial activity, and his attitude towards this activity became increasingly negative.
After Naiman graduated from the academy with honors, he quickly got a job at one of the largest financial firms in Novosibirsk as a manager for foreign economic activity.
Carier start
It was this position that helped him gain practical skills in currency trading, and in the early 90s he became the largest player on the Novsibirsk stock exchange.
In 1997, Eric Nyman received an excellent offer to become a financial analyst at Alfa Capital, which he naturally could not refuse.
Since this company is a subsidiary of Alfa-Bank, Eric receives enormous opportunities to manage investors’ capital, and it was he who gained access to the money of non-state pension and insurance funds. He continued his managerial activities until 1998.
The experience gained in real trading allowed him to move further up the career ladder, so in the period from 1998-2001 he became the manager of the Polar-Invest fund, and since 2001 he became the executive director of a Kyiv interregional company.
From 2002 to 2011, Eric Naiman headed Ukrostsbank. After finishing his career at the bank, he continues his career at Capital Times.
Not pleasant moments of the biography
It is worth noting that Naiman also has a black trail in his biography. Thus, the company in Capital Times, together with Naiman, was noticed in the fraud with the privatization of the State Food and Grain Corporation of Ukraine.
Because the company acted as a consultant, the criminal case fell apart. Also at the beginning of 2014, he was recruited to the Mill Trade company, which three months later froze customer accounts and was absorbed by the giant MMSIS.
Unfortunately, MMSIS turned out to be an ordinary pyramid, so many investors and traders are still in litigation to this day in the hope of getting their deposits back.
Today, Eric Nayman conducts active training at the Kyiv Business School, and also travels with seminars throughout Ukraine.