Our highly experienced and talented management team, with decades of deep trading and financial industry experience, provide strong leadership to deliver the best possible customer experience.

Pete Kosanovich

Managing Member & CEO

Pete brings over 22 years of experience in the futures and options business.  In 2010, Pete combined businesses with Nancy Stubenrauch and Steve French to form Trean Group, LLC, after running his own brokerage-focused firms, Brisbane Brokerage and Thorntree Enterprises since 2004.  Pete had a vision of growing brokerage to direct client execution and clearing services that has proven a winning combination for Trean and its clients. Over the years Pete honed his trading floor experience serving major institutional clients including banks, funds, and global hedgers.

In addition to overseeing the growth of Trean Group, Pete sits on the Board of Countryside Bank, NA, the Board of Percipia, LLC, a leader in hospitality networks, and serves as Chairman of the Western Springs Traffic and Safety committee.  Pete graduated from Purdue University and is a member of the CME.

Nancy Stubenrauch

Managing Member & CFO

Nancy brings over 35 years of experience in every facet of the exchange traded derivatives business to the Trean organization. She began her career as a staff accountant on audit exceptions at Merrill Lynch, Pierce, Fenner and Smith in 1982. She then transitioned to Lake Options, later First Options, as a staff accountant from 1984 to 1986. Nancy pursued her next opportunity as an accountant with Saul Stone/Hammer Trading, until the business was sold and Nancy became the CFO of Hammer Trading, a division of Refco, Mann Financial, and MF Global until 2010.

In 2010, Nancy realized her long-held personal goal of business ownership by combining her talents and strengths with those of Steve French and Pete Kosanovich to form Trean Group, LLC, an Independent Introducing Broker. Since then, Nancy has led clearing and execution initiatives at Trean while serving in the role of Managing Partner and CFO. Together, Nancy and her partners have utilized their various talents to expand Trean’s footprint across all facets of the futures clearing and trading business. Nancy is an approved principal and Associated Person with the NFA, with current Series 3 and 30 licenses, as well as a member of the CME. Nancy has a BS from the University of Illinois, majoring in Mathematics and Accounting.

Matthew J. Carinato

Partner & COO

Matt joined Trean Group, LLC in 2016, with over 25 years of experience in exchange traded derivatives (ETD), after having served as an Executive Director at UBS Securities, LLC from 2004 to 2016.  At UBS, he served as the Head of Chicago ETD Sales and Trading, along with serving as Chicago Branch Manager for UBS Investment Bank.  He was a Member of North America FRC (FX, Rates, Credit) Distribution Executive Committee, while presiding over several North American working groups, including one that oversaw redesign of “24 Hour” offering, located in Chicago.   Matt was also integrally involved in the “UBS NEO” strategy, rolling out CLOB and full agency execution functionality to both current and prospective clients.

Matt’s focus at Trean remains on account origination and retention through deploying resources of experts at the firm across the entirety of a derivatives transaction.  He will also concentrate on increasing incremental agency-driven revenue especially in areas of his team’s expertise focused on rate derivatives and options, but also in other areas where the firm seeks to grow its footprint.  Matt received a Bachelor of Science degree from Northwestern University, is a member of the Chicago Mercantile Exchange (CME), and is FINRA registered with current licenses including 3, 7, 24, and 63.