OPEN OUTCRY TRADERS HISTORY PROJECT
John J. Lothian & Company, Inc., MarketsWiki Education and John Lothian Productions are pleased to announce plans for a large scale video project to collect the history of the open outcry era and traders’ personal stories.
Additionally, John Lothian Productions plans to develop video documentaries about specific themes and subjects emerging from the collected personal histories.
The project is modeled on the Veterans History Project signed into law by President Bill Clinton in the 1990s. In this case, rather than capturing the experiences of veterans of warfare and conflict, we are capturing the personal market experiences of those who participated in open outcry markets around the world. Traders from Chicago to London to Paris to Sydney to Singapore and beyond are welcome to submit videos.
Those traders interested are asked to fill out this Google Form or email us at OpenOutcry@johnlothian.com for more information.
Mike Cavanaugh – Open Outcry Traders History Project
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 – MarketsWiki Education Open Outcry Traders History Project
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: Open Outcry Traders History Project
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 – Open Outcry Traders History Project
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: Open Outcry Traders History Project
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.
Help John Lothian News Capture Industry History with GoFundMe Campaign
We need your help. John Lothian News is running a GoFundMe campaign to support our MarketsWiki Education history-focused video series and our company at large.
Tom Rinaudo – MarketsWiki Education Open Outcry Traders History Project
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 – Open Outcry Traders History Project – MarketsWiki Education
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 – MarketsWiki Education Open Outcry Traders History Project
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 – MarketsWiki Education Open Outcry Traders History Project
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: Former Timber Hill Open Outcry Trader Story
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: Open Outcry Traders History Project
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 – MarketsWiki Education Open Outcry Traders History Project
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 – Open Outcry Traders History Project – Part Two
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.
Jack Sandner – Open Outcry Traders History Project – Part One
Sandner sat for an interview with John Lothian News for the MarketsWiki Education Open Outcry Traders History Project. The interview is broken into two parts to tell the tale of a long and storied career in the Chicago futures markets.
Buck Haworth – Open Outcry Traders History Project – Part 2
Buck Haworth has been a consultant, a CPA, a back office accountant, an exchange audit department executive, a foreign exchange arbitrage desk manager, an exchange member, a scalper, a spreader, an exchange board member and officer, and a technology entrepreneur. In...
Buck Haworth – Open Outcry Traders History Project – Part One
Buck Haworth has been a consultant, a CPA, a back office accountant, an exchange audit department executive, a foreign exchange arbitrage desk manager, an exchange member, a scalper, a spreader, an exchange board member and officer, and a technology executive.
Jeff Carter – Open Outcry Traders History Project
Jeff Carter is a Chicago-based trader and venture capital executive and long time member of the Chicago Mercantile Exchange, where he formerly served on their board of directors.
