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. From there, he moved up to starting his own clearing firm with Ralph Goldenberg, growing the business over 20 years, and eventually becoming the CEO of Hehmeyer, a prop firm and futures broker. Hehmeyer spoke with John Lothian about the amazing energy of the trading floors and the burgeoning of electronic trading, telling some stories of highlights and lowlights from the open outcry pits.
Produced by Mike Forrester and Patrick Lothian