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Marc Nagel - Open Outcry Traders History Project | John Lothian News

Marc Nagel – Open Outcry Traders History Project

John Lothian

John Lothian

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Marc Nagel is a derivatives consultant, lawyer, CPA and expert witness. He also spent 26 years as a pit trader at the Chicago Board of Trade. He sat for an interview about his years on the trading floor with John Lothian News for the Open Outcry Traders History Project.

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Doug Engmann – Open Outcry Traders History Project – Part One

Doug Engmann – Open Outcry Traders History Project – Part One

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A young Doug Engmann once had hopes of becoming a professional baseball player. Despite his continued love of the sport, his early career goals eventually shifted from the game of baseball to the game of investing. 

Throughout his career, Engmann employed a persistence and penchant for leadership in the West Coast options industry that carried him through dramatic events that include a proposed San Francisco options floor merger, the stock market crash of 1987, and a closed exchange during a massive earthquake.

Tom Greene Celebrates 50 Years on Wall Street at NYSE

Tom Greene Celebrates 50 Years on Wall Street at NYSE

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Head of NYSE Trading Floors Worked His Way from Runner to Head of Cotton Exchange and On to NYSE Trading Floor Head

Tom Greene wanted to be a civil servant, perhaps a fireman, when he was growing up. However, despite his best efforts, the jobs went to returning VietNam veterans. So he chose a vocation working with electricity, but that did not get him too far. Eventually, a cousin on Wall Street suggested he come down to Wall Street. And so began a career that has spawned 50 years, from his days as a runner on the New York Cotton Exchange to his role of Senior Vice President at the New York Stock Exchange today.

Kenny Polcari – Open Outcry Traders History Project Part 2

Kenny Polcari – Open Outcry Traders History Project Part 2

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When Kenny Polcari started out at the New York Stock Exchange, “It was paper and pencil until the turn of the century,” he said. 

The exchange started to introduce handheld computers in the late 1990s, but it was only in beta, not full blown yet.  Everyone was preparing for Y2K. When Y2K happened and the technology didn’t fail, Polcari said, there was a push on the industry to move forward with modernization. They converted all the stocks over to decimals alphabetically, one at a time, over a six-month period, starting with the stocks named A to D. 

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