John Lothian Profiles: A Look Back with Steve Staszak
Former CME Group Director of Clearing Operations Reflects on a Career that Spanned the Modern Futures Trading Era
John J. Lothian
Publisher, John Lothian News
Steve Staszak recently retired from the CME Group, where he was director of clearing operations.
Staszak began his career at the old CME Building on Franklin Street. He was there for the beginning of currency trading on the International Monetary Market and at the end for the launch of bitcoin futures.
John Lothian News sat down with Staszak for a look back at his career, which spanned the days of grains and meats to the modern era of futures trading and all the great events in between.
He talks about the innovations brought on by the 1987 stock market crash and his role in implementing them. He finishes with a statement of appreciation for Leo Melamed’s leadership at the CME and the impact it had on his career.
John Lothian Newsletter
Today's Newsletter
Banks Are Fine, but the Economy Isn’t
First Read The D-Limit Order Type of IEX Has My Support By John J. Lothian Most of you know I prefer markets that are listed. You also know I prefer markets that are not dark. I also prefer markets that have many and a multitude of participants, in numbers and size....
We visit more than 100 websites daily for financial news (Would YOU do that?)
Now Watch This
Unsung Heroes Series: Q&A with CME Group COO Julie Holzrichter
In the second installment of JLN’s Unsung Heroes series, CME Group’s COO Julie Holzrichter responded to questions about what it’s like managing operations under the unusual conditions brought about by the coronavirus.
Nasdaq ‘Fear Gauge’ Flashes Warning Signs About Tech Rally
Nasdaq ‘Fear Gauge’ Flashes Warning Signs About Tech Rally
The Saudi Stock Exchange (Tadawul)
The Saudi Stock Exchange (Tadawul) announced that it will launch its new derivatives market on Sunday, 30 August. This will mark the beginning of trading in the Saudi Futures 30 (SF30) Index Futures Contract, Saudi Arabia’s first exchange-traded derivatives product.
BitMEX
BitMEX’s holding company, HDR Global Trading, has restructured into a new company called 100x, which may seek to explore products and services outside of the cryptocurrency space.
