Executive Chairman and CEO
Dan Stern is part of a prominent Chicago Board of Trade family. His father, Lee Stern, joined the CBOT in 1949 and is currently the oldest CBOT member. His first membership was a family transfer from his mom. Stern has traded on the CBOT and the CBOE. Here he tells his story in an interview for the MarketsWiki Education Open Outcry Traders History Project.
Vimeo:
Youtube:
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?)
More Trader History Videos
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...
Maureen Obermeier started on the CBOE floor the summer after her freshman year of college and never left. She helped some friends get jobs that summer, and some, like her, stayed and built careers in the markets.
Chess Obermeier started working for his cousin, Charles Obermeier, at the Cboe, and was able to purchase his first membership by his 21st birthday.
Jack Sandner is a former chairman of the Chicago Mercantile Exchange and longtime board member of the CME Group. In part two of this interview with John Lothian News for the MarketsWiki Education Open Outcry Traders History Project he talks about how the S&P 500 and Eurodollars started, the tax straddle that caused tax laws to change and his take on spoofing.