Otto Michelsen


+354 522 4000

Otto Michelsen works on special assignments for Fossar Markets, reporting to the CEO.

Otto has vast experience working in the financial industry both locally and in the global markets. Prior to joining Fossar Markets he traded foreign exchange options on behalf of the reputable Svenska Handelsbanken in Stockholm. Previously, Otto ran volatility trading for the Icelandic Arion banki and was instrumental in building the volume of options traded through the bank. Alongside his employment with Arion banki, Otto held a adjunct lecturer position with Reykjavík University where he gave lectures on financial derivatives.

Otto holds a Masters in Financial Engineering from the University of Michigan – Ann Arbor and a Bsc. in Financial Engineering from Reykjavik University. He is also a certified securities broker.