Quantitative Brokers' Executive Chairman Tom Ascher Recalls His Days Trading on Floor In Part Two of the JLN interview with Tom Ascher for the Open Outcry Traders History Project, Ascher talks about getting involved in exchange politics. He joined CBOE’s board and...
Quantitative Brokers' Executive Chairman Tom Ascher Recalls His Days Trading on Floor Tom Ascher was interviewed by John Lothian News over Zoom for the Open Outcry Traders History Project. Ascher traded at the Chicago Board Options Exchange, and after getting into...
As a pioneer of electronic trading, we at Trading Technologies value our industry’s rich history. We recognize the need to preserve our legacies and lessons to broadly educate and inspire those to come. This is what John Lothian News is doing through the Open Outcry...
Mike Cavanaugh found his way to the trading industry despite his degree in political science because he had a brother-in-law in the wheat pit at the CBOT. He did a summer internship working for “one of the more prolific wheat traders” and soon fell in love with the place.
Olivier Raevel is the first trader from the International Petroleum Exchange, or IPE, to be interviewed for the JLN MarketsWiki Education Open Outcry Traders History Project. He made history as a founding member of ICE and recommended that ICE buy the IPE.
Andy Tan is a former floor broker on SIMEX for Merrill Lynch. He was in the SIMEX trading pits with Merrill Lynch for almost 15 years.
David Johnson was trading OTC stocks and options for Pershing in 1970. He was in the right place at the right time when the CBOT decided to launch an options exchange.
Chris Hehmeyer started out as a runner in the CBOT grain pits, but he really wanted to get into the financial room – which many of the grain traders sneered at. He did it, trading bonds and eventually becoming a phone clerk.
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Tom Rinaudo was working at a bank when his mother heard about a job at the Chicago Board of Trade. He had no idea what the Board of Trade was all about, but he said yes and was hired by JK McKerr in a back office job.
Art Margulis answered a job advertisement in the Chicago Tribune for a research analyst position at the Chicago Board Options Exchange after graduating from Princeton. That was his entry into the world of open outcry trading.
David Greenberg started his career in Chicago as a runner making $3.75 an hour. HIs father was a COMEX trader who later served as chairman of COMEX. So Greenberg took his Chicago experience to New York and started working for his father's company on COMEX. But he...
Joyce Selander is a former open outcry trader and one of the few women who found a home in a trading pit of men much bigger and stronger than her. But she found a niche and had friends in the trading pit who would help protect her from the organized chaos that was pit...
James Gordon spent eight years working on the Cboe trading floor as a trader for Timber Hill. His experience, and how he was treated as a trader, was different from others'. He found his way to the exchange through a brother who was a clerk at the CME. Gordon was an...
First Read $40,951/$300,000 (13.7%) Brian Duff ++++ JLN Editor-in-Chief Sarah Rudolph to Return to Full-Time Duties Monday; Suzanne Cosgrove Named JLN Deputy Managing Editor JLN Editor-in-Chief Sarah Rudolph has been working part time for the past few weeks and will...
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