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
The SEC Wants to Give Public Investors a Fair Shot
Get a FREE 90 day trial of John Lothian Newsletter First ReadDistrust for Facebook unites Republicans and Democrats against LibraMatt Raebel - John Lothian NewsIn 2019, congressional Republicans and Democrats have at least one thing they all...
We visit more than 100 websites daily for financial news (Would YOU do that?)
Now Watch This
High-frequency trading
A trio of high-frequency trading firms has filed a brief in support of a lawsuit brought by the three biggest U.S. exchanges against the SEC. The lawsuit seeks to stop an SEC pilot study to determine whether investors are being harmed by the exchanges' methods of...
BitMEX
BitMEX is under investigation by the CFTC, according to an unnamed source close to the matter, Bloomberg reported Friday. The individual said that the investigation of the Mahé-based firm is focused on learning whether it allowed American users to illegally trade on...
U.S. Options Market Makers Report Good June; Wall Street Desks Endure Worst H1 in a Decade
Get a FREE 90 day trial of John Lothian Newsletter Observations & InsightMore on Yesterday's SPIKES Options Trade****SD: Above is a chart of yesterday's most active index options. Trade Alert's Henry Schwartz provided this background on...
The SEC Wants to Give Public Investors a Fair Shot
Get a FREE 90 day trial of John Lothian Newsletter First ReadDistrust for Facebook unites Republicans and Democrats against LibraMatt Raebel - John Lothian NewsIn 2019, congressional Republicans and Democrats have at least one thing they all...
