Stable Could Become the Home of Hedging; JLN Interviews Stable Founder and CEO Rich Counsell in London at IDX

John Lothian

John Lothian

Executive Chairman and CEO

Rich Counsell said that after walking by the CME in Chicago every day he became intrigued by what the CME did and why farmers like his father did not use its markets to hedge. Counsell had grown up on a beef farm in the southwest in the U.K. before leaving to become a trader in the City and a technology entrepreneur. 

Moving to Chicago and walking past the Merc and asking himself those questions has helped guide Stable to provide simplified hedging, he said. 

We asked Counsell how Stable handles risk management.

We also asked him what markets Stable is in, which is a lot of animal protein, he said. And we asked, How does a commodity get added to Stable’s platform?

JLN asked Counsell what type of clients and companies he works with and what countries Stable is in. We asked him how Stable has evolved since 2021.

Finally, we asked Counsell how Stable was going to use its Series B funding to become the Home of Hedging.

Crypto Lender BlockFi, in Talks With FTX, Also Gets Ledn Offer

Crypto Lender BlockFi, in Talks With FTX, Also Gets Ledn Offer

First Read Hits & Takes John Lothian & JLN Staff Monday is the 4th of July holiday in the U.S. and you can expect to see JLN's annual sharing of the Declaration of Independence edition of the John Lothian Newsletter. We will resume our normal publication...

We visit more than 100 financial news websites daily (Would YOU do that?)

The Spread

Todays  Options Newsletter

Bears Picked Right Stocks to Short With Declines Twice the S&P’s

Observations & Insight Editor's Note: The JLN Options Newsletter will not be published on Monday, July 4 in observation of the Independence Day holiday. Have a great weekend! Lead Stories Bears Picked Right Stocks to Short With Declines Twice the S&P's Lu Wang...

Now Read This

FIA Tech’s Andrew Castello Talks Reference Data, Symbology at IDX

FIA Tech’s Andrew Castello Talks Reference Data, Symbology at IDX

John Lothian News interviewed FIA Tech’s Head of Reference Data Andrew Castello at IDX in London about his role at the firm he joined in 2019.

Castello said he is focused on expanding the reference data business of FIA Tech by focusing on the pain points for FIA Tech customers. He was interviewed in the lounge area outside The Brewery, where FIA’s IDX was held.

Pin It on Pinterest

Share This Story